Invesco Property Income Trust has revealed it is negotiating the sale of £100 mln (EUR 140 mln) of property assets and is putting a planned share issue on ice after a 'difficult' six months. The proceeds of the sale will be used to reduce the UK closed-end fund's debt of £293 mln.
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.
