Hansteen, the London-listed investor in continental European real estate, has announced the acquisition of a further EUR 24.6 mln of commercial property in Germany and the Netherlands, bringing the total of property acquired by the company since listing on the Alternative Investment Market (AIM) in London during November 2005 to EUR 285 mln.
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.
