Austrian real estate company CA Immo has announced the acquisition of the Leo II portfolio in the German state of Hesse for about EUR 770 mln. The portfolio consists of 36 state-owned properties and 170 homes that have been sold in a sale-and-lease-back agreement.
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.
