The UK Government is planning to hand over about £1 bn of disused property to community groups in a move to revive local facilities, the Guardian newspaper has reported. Local councils will have to identify empty, unused assets, including schools and hospitals, that could be transferred to local communities.
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.
