The European shopping centre sector attracted EUR 25.7bn worth of investment in 2006, according to Rene Tremblay, chairman of the International Council of Shopping Centers (ICSC) and president and CEO of Canadian shopping centre developer and manager Ivanhoe Cambridge. Cross-border investment accounted for half of that figure, he added.
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.
