Eurohypo, the Frankfurt-based bank, plans to expand its activities in Turkey where it is has already extended EUR 560 mln in credit for five finalised real estate projects. Cenk Arson, head of of the Istanbul office for Eurohypo told the English-language New Anatolian publication that the bank was working on six to seven other projects, some of which are in the final stages.
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.
