French private equity firm Eurazeo has made its first foray in the German property market with the acquisition of a portfolio of six mixed-use commercial properties in Berlin from Gewerbesiedlungs-Gesellschaft mbH (GSG Berlin), a subsidiary of CPI Property Group. Financial details were not disclosed.
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.
