GE Real Estate France has announced the forward purchase of a 8,700 m[sup]2[/sup] office property under construction in the French city of Marseilles. The property is scheduled for delivery in the third quarter of 2009. The financial details of the transaction were not disclosed.
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.
