Helical has exchanged contracts to sell the Powerhouse portfolio comprising three Manchester office assets, to real estate funds managed by Pictet Alternative Advisors and XLB Property Limited, for a gross sale price of £119 mln (€133 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.
