UK REIT Land Securities said on Wednesday that it has completed the sale of a 50% stake in the Empress State building iat Earls Court, London to a joint venture with Liberty International. The transaction volume amounts to £108 mln (EUR 136 mln), reflecting a net initial yield of 5.68%.
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.
