Catella European Residential (CER), the German public open-ended real estate fund, has acquired a 14,000 m2 waterfront development of 137 senior living apartments distributed across four buildings on Lake Zwenkau on the southern edge of Leipzig for €50 mln.
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.
