Carpetright has confirmed it is planning major expansion in Europe, either through acquisitions or by direct openings of new stores. Lord Harris, the chairman of Europe's largest floor covering group, unveiled the strategy as he reported profits were up 17% to £26 mln (EUR 38.6 mln) for the first half of the year to October 28.
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.
