US investment firm WP Carey has acquired the global headquarters and largest production facility of German auto parts manufacturer Lindenmaier for an undisclosed sum. Lindenmaier is leasing back the property and a separate industrial warehouse on a long-term basis. WP Carey is also providing EUR 21.8 mln in financing to Lindenmaier.
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.
