Barings Asset Management is not about to follow the pack and invest large-scale in the east European property market since increasing its exposure to international property. Instead the company's Dublin-domiciled Multi Manager Property Fund is to play it safe by focusing on western and central Europe, according to David Coombs, Barings director of multi-manager investments.
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.
