Aroundtown, the largest listed German commercial real estate landlord, saw its net profit increase 71% to a record €1.5 bn in 2017 from €900 mln the year before. The value of the company's commercial property holdings in Germany and the Netherlands almost doubled to €9.8 bn.
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.
