German property fund manager Deka Immobilien has signed an agreement to acquire the head office of Swedish-Finnish paper manufacturer Stora Enso in Helsinki for EUR 30mln. Stora Enso will rent the 6,500 m[sup]2[/sup] property back from WestInvest InterSelect, one of the Deka Group's funds, for a period of two to three years.
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.
