Ivanhoe Cambridge, one of Canada's leading real estate firms, has acquired a 92.5% stake in the Dusseldorf Arcaden shopping centre project for an investment of EUR 173.5 mln. Construction of the mall began in October 2006 and it is due for completion in the autumn of 2008.
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.
