French SIIC Docks Lyonnais has acquired the Colisée Portefeuille real estate company from Axa for EUR 115 mln. The company owns the Fontenay Carnot office development located in Fontenay-sous-Bois, on the outskirts of Paris. Developed by Meunier, the Fontenay Carnot will provide some 27,200 m[sup]2[/sup] of lettable area. The building, which is entirely prelet, is due for completion in mid-2008.
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.
