Prologis European Properties has invested a further EUR 20mln in Prologis European Properties Fund II (PEPF II), a private equity fund established to acquire assets from Prologis' development pipeline in Europe as well as assets from third-parties. The investment, entirely funded from cash in hand, increases PEPR's gross investment in PEPF II to EUR 315mln and maintains PEPR's 30% ownership in the fund.
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.
