GE Real Estate Germany has acquired a portfolio of 18 office buildings in western Germany for approximately EUR 140 mln from insurance company HDI-Gerling Lebensversicherung. Twelve buildings in the 88,000 m[sup]2[/sup] portfolio are in the top seven business in the west of the country, namely Berlin, Dusseldorf, Frankfurt, Hamburg, Koln and Munich.
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.
