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French CDC acquires stake in Covivio residential portfolio in Berlin

CDC Investissement Immobilier secures a stake in the Covivio portfolio in the centre of Berlin. The French company is buying a 49% stake (39% from Covivio Immobilien, a 61.7% subsidiary of Covivio, and 10% from Covivio) in the portfolio on behalf of Caisse des Dépôts. Closing expected in second quarter…

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Photos: Covivio