Australia's Valad Property Group has acquired a student accommodation development in central London for about £30mln (EUR 38mln). The newly built 247-unit Therese House property is located near the Barbican EC1. It offers a mix of cluster apartments and studios, plus entertainment and social facilities.
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.
