Fire-safety officers have shut down Ikea's new furniture retail mega mall in provincial Russian city of Nizjni Novgorod for 30 days. As a result the Ikea store that opened less than a month ago and the 150 shops attached to it will miss out on the lucrative Christmas season.
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.
