Property firm Hammerson said it sees little sense in consolidation among the UK's real estate investment trusts (REITs). Speaking at the Reuters Real Estate summit in London, ceo John Richards countered widespread speculation on the consolidation among European property companies as share prices continue to fall.
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.
