Allianz Real Estate is to build and develop a series of prime office assets in Germany’s top four cities in a €1.3 bn programme in conjunction with real estate developer Edge and Bayerische Versorgungskammer (BVK), Germany's largest public-law pension group and an established co-investor of Allianz.
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.
