Eco Business Immobilien, the listed Austrian property company, is to issue 2.5 million new shares, at EUR 12.80 a share, to raise EUR 32 million to the fund its international ambitions. The company said it is looking at Germany and the CEE markets in particular for acquisitions.
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.
