Fund manager Nordic Real Estate Partners (NREP) has expanded its Pelican self-storage business by acquiring SelStor in Sweden. The deal makes Pelican the second-largest self-storage operator in the Nordics with 27 operational sites by end-2013.
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.
