Spanish property group Martinsa-Fadesa is selling a 50% stake in its Moroccan unit, Fadesa Maroc, to the Casablanca-listed property company Addoha. The transaction will be carried out through the sale of EUR 114 mln worth of shares and will be completed by January 1, 2007.
Singapore's Mapletree Investments has acquired 31 student housing assets in the UK and Germany from Cuscaden Peak Investments for £1 bn (€1.2 bn).
