The shareholders of Immoeast, the Austrian-based property investor focused on Central and Eastern Europe, have approved a management motion to acquire a majority stake of the real estate activities of Constantia Privatbank. The takeover is being carried out with Immoeast's parent company Immofinanz.
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.
