ImmoEast, the largest listed property company in Austria, has announced the acquisition of a EUR 210 mln shopping centre development in Romania from Hungary's TriGranit. The new mall in the Romanian city of Cluj will comprise a total lettable space of 100,000 m[sup]2[/sup] and is scheduled for completion in November 2007.
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.
