Inditex, the fashion retail group, is negotiating for the acquisition of Spanish real estate company Astroc Mediterraneo, financial sources have told the Bolsa Cinco newspaper. President of Inditex, Amancio Ortega, is said to be in talks with Astroc to acquire between 5% and 10% of the property company's capital.
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.
