A joint venture of US private equity firm Global Asset Capital (GAC), AGC Equity Partners and Cruz Capital is close to inking the acquisition of bank Santander's head office in Madrid, in what is expected to be Europe's largest single asset deal of the year.
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.
