German real estate investment trusts (G-REITs) will be a disappointment for the first couple of years after they are introduced in January 2007 - but that's okay, said Struan Robertson, Managing Director and Head of Real Estate Europe and Middle East at Morgan Stanley London.
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.
