Australian investment bank Macquarie Group said on Monday that it has signed an agreement to sell its portfolio of Italian mortgages worth $A2 bn (EUR 1.1bn). The transaction is expected to complete by 31 October 2008, it added.
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.
