Business Improvement Districts (BID) perform best when they are owner driven rather than tenant driven, Matthew Bauer of the Madison Avenue Business Improvement District and Gary Reeves of the New West End Company said at Mapic, the international market for retail real estate, in Cannes.
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.
