Investment manager Kingstone Real Estate (Kingstone RE) has acquired three residential property developments located in the German cities of Mannheim, Nuremberg and Fürth on behalf of its Kingstone Bezahlbares Wohnen Deutschland institutional real estate fund, for a total of €74 mln.
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.
