JP Morgan Asset Management has bought the Fronhofer Galeria from ING Real Estate Development Germany. Located in the city of Bonn - Bad Godesberg, Fronhofer Galeria is a mixed-use property that was created from the redevelopment of the former Hertie-Kaufhaus department store in 2004.
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.
