Civitas Investment Management has significantly progressed its continental European expansion strategy with the €300 mln acquisition of 26 elderly care and assisted living homes predominantly located in Berlin and Hamburg, Germany from Deutsche Wohnen, a subsidiary of Vonovia, the largest listed residential landlord in Europe.
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.
