Germany's open-ended KanAm US-grundinvest Fonds posted a total return of 6.3% in the 2007/2008 fiscal period, its fifth anniversary year, the company said on Tuesday. After an extended period of limited activity, the north American property market again offered a string of opportunities, as reflected in the seven acquisitions the fund made during the period.
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.
