UK REIT Intu Properties has exchanged contracts to acquire the 50% it did not already own in Merry Hill, a super-regional shopping centre complex in the English West Midlands, for £410 mln (€527 mln) before expenses.
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.
