French REIT Covivio (formerly Foncière des Régions) intends to double its committed pipeline to €2.4 bn (€1.8 bn group share) over the next 12 months with the construction or restructuring of 16 new assets, the company announced in its H1 earnings report this week.
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.
