Property investment company CLS has acquired almost 28% of the share capital of Catena for EUR 40 mln. The acquisition of the 3 million shares makes London-listed CLS the largest shareholder in Catena. The transaction sum is being paid partly in cash and partly through financed debt, Bloomberg reported.
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.
