Berkeley Homes, the English housebuilder, has rejected the proposal of a merger with its smaller rival Bovis, according to sources within the company. The all-share deal had been urged by the investment company Schroders, which is Bovis’s biggest shareholder.
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.
