Austrian real estate investment company Conwert Immobilien Invest is to issue convertible bonds with an offering size of up to EUR 200 mln. Conwert said the proceeds from the offering will be used to finance the acquisition of 25 real estate management and real estate service companies, as well as for the further expansion of the company and respective investment opportunities.
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.
