Iberdrola Inmobiliaria, a subsidiary of the second largest Spanish electric company, and Portugal's Caixa Geral de Depósitos, through Imocaixa-Gestao Imobiliária, have signed a joint venture agreement on investment and development projects in the Portuguese real estate market.
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.
