German fund manager Deka Immobilien has acquired an office and retail complex in Berlin for around EUR 112 mln. The property will be added to Deka's open-ended Global fund. The vendor is a local land company owned by insurer Württembergischen Lebensversicherung.
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.
