Property firm Dunedin has not responded to media reports that it is to sell its 900,000 m[sup]2[/sup] UK industrial portfolio and a subsidiary, Industrious Asset Management, for as much as £ 700 mln (EUR 1 bn). The company has reportedly appointed Morgan Stanley to sell the package. When contacted by PropertyEU, Dunedin declined to comment.
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.
