Prupim, the property arm of British life insurer Prudential, has purchased the headquarters of Scottish Equitable in Edinburgh in a £92mln off-market deal with the Aegon UK Property Fund, an investment vehicle of Dutch insurance group Aegon. Prupim said it purchased the building on behalf of one of its annuity funds, Prudential Retirement Income.
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.
