US privately-held developer-investor Hines and Cale Street, an opportunistic investment and finance firm backed by the Kuwait Investment Office, have kicked off the development of Milan's largest urban regeneration project following a sale of the development lot to the newly-established Union 0 real estate fund.
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.
