ING Real Estate has added to its Asian Retail Fund with the purchase of the 56,300 m[sup]2[/sup] North Port Mall in Yokohama City. The nine-storey, fully-let shopping centre opened last April and was acquired from a special purpose company operated by a real estate fund operator. The financial details were not disclosed.
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.
