ING Real Estate announced on Monday that it is expanding its investment management activities into South America with the opening of a new office in São Paulo, Brazil. Florencio Beccar, who established ING Real Estate's investment management's office in Italy and headed the firm's acquisition team in Spain, has been named to head the office.
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.
