Russian property developer PIK said on Thursday it is looking to expand into neighbouring Kazakhstan. The company recently set up a business unit, PIK Kazakhstan, in Astana, to facilitate the move. PIK Kazakhstan will be responsible for identifying land for purchase, zoning and construction, PIK said.
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.
