Caixa Geral de Depositos and Iberdrola Inmobiliaria have signed a cooperation agreement for the management of projects in the Portuguese real estate market. The agreement was signed in Madrid through the subsidiaries Imocaixa, Iberdrola Inmobiliaria and Gestao Imobiliária, and regards both the finance and the development of projects in the real estate sector.
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.
