Hypo Real Estate, Germany's second largest property lender, has named its chief operating officer Cyril Dunne as the permanent CEO of Depfa Bank, the group's Dublin-based infrastructure and public lending subsidiary. The supervisory board of Hypo Real Estate appointed Frank Krings to replace Dunne as the group's chief operating officer.
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.
