Rockspring Property Investment Managers has acquired the freehold interest in a Homebase property in Walthamstow's district of London from Morley Pooled Pension Fund for £16.6mln (EUR 21mln). The deal reflects a net initial yield of 6.15%. The property is earmarked for Rockspring TransEuropean LP IV.
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.
