Blackstone has cemented its reputation for blockbuster deals following its acquisition of a $23 bn (€21.7 bn) real estate portfolio from GE Real Estate, the real estate arm of US-based General Electric Co, in partnership with San Francisco-based real estate lender Wells Fargo.
German-listed real estate company Branicks Group has sold a retail property in Bremen city centre to municipal urban developer Brestadt for €37.2 mln.
