Australia's Macquarie Office Trust has acquired the City Central office block in Milan for EUR 151.9 mln, marking its second deal in Europe. The seller was not disclosed. Ceo Adrian Taylor said the transaction was in line with the company's strategy of diversifying investments into European growth markets.
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.
