Austrian property company Immoeast has acquired the Victoria park office complex in Bucharest for EUR 60 mln. The centre, which was developed by Liebrecht & Wood of Belgium, is located north of Bucharest and provides 20,000 m[sup]2[/sup] of office space. Immoeast has invested a total of EUR 355 mln in Romania since 2004, Romanian financial newspaper Ziarul Financiar reported.
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.
