Strengthening economic activity has translated into improved demand in European office markets and a higher take-up level over the first half of 2006. Incentives are becoming less generous and real positive rental growth is recorded in most markets, according to a survey of the European office markets by Savills' European Research division.
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.
