Cityhold Office Partnership, a joint venture created by the merger of European office assets held by US financial services group TIAA-CREF and two of Sweden's AP national pension funds, has made its first add-on deal, at a sub-4% yield.
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.
