German bank Eurohypo plans to launch a EUR 550 mln German commercial mortgage-backed securities transaction under an European Opera programme. The loan is backed by a portfolio of 36 office properties let to the federal state of Hesse on a 30-year lease. The transaction is the 15th of the Opera CMBS programme and takes total issuance to EUR 8.7 bn.
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.
