Prupim, the London-based real estate investment giant, has entered into a forward commitment to purchase the development of Lufthansa's new flagship headquarters in Cologne, Germany. The 19,000 m[sup]2[/sup] property was acquired from Commerleasing and Immobilien on behalf of the M&G European Property Fund for an undisclosed amount. Lufthansa has a 10-year lease on the property.
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.
