Finnish commercial real estate company Sponda said on Thursday that it has bought an office property in St Petersburg for $ 11.5 mln (EUR 8 mln). The property is in a central location in the city's administrative district and comprises a total of 2,730 m[sup]2[/sup] of leasable office premises and parking for 27 cars. The property is fully leased.
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.
