The volume of hotel investment in Germany reached a record EUR 1.03 bn in the first ten months of 2006, according to new figures from the German division of Jones Lang LaSalle Hotels. It is the highest annual volume since statistics for the German hotel investment market began in 1990.
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.
