Hypo Real Estate Bank International has provided a EUR 43 mln acquisition and investment facility to Mermont Italy and Ability Real Estate. The transaction was completed on 20 December 2007 in connection with the acquisition of the Club Med Resort in Kamarina, Sicily.
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.
