The Airport Property Partnership (APP), a 50-50 joint venture between British airport group BAA and clients of Morley Fund Management, has agreed to sell a portfolio of 33 property assets to private airport hotel group Arora Family Trust for £265mln (EUR 340mln).
CDC Investissement Immobilier, the real estate asset management subsidiary of French financial institution Caisse des Dépôts, has inked a strategic partnership with Covivio in Germany.
