Fonciere LFPI, the French real estate company, has acquired a 11,000 m[sup]2[/sup] office building in Sophia-Antipolis, in the Alpes-Maritimes, from the Cargill and LaSalle Investment Management . The development is 90% let to three tenants: the Communauté d'Agglomération de Sophia Antipolis local authority, Accenture and Stéria. The acquisition value is EUR 22 mln including legal costs.
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.
