Mondura Liegenschaften, a German property company, has postponed selling shares in an IPO, according to a report in FT Deutschland which cites unidentified sources. The newspaper said that the company originally planned the IPO for the end of this year, but doesn't think it can raise what it needs in the current market climate.
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.
