German property company IVG Immobilien is buying the Luxembourg headquarters of Clearstream International, Deutsche Boerse Group's securities settlement and custody provider, for EUR 350 mln. The complex in the Kirchberg area of Luxembourg City comprises four buildings, and Clearstream is to lease back the two it is using. Deutsche Boerse, the German stock exchange group, rents all its other office space.
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.
