The strong economic recovery in Turkey over the last few years has fuelled a large number of office developments in Istanbul, yet there is still a shortage of high-quality properties. On the other hand, too many new offices may already be under construction, according to a new report by DEGI's research department.
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.
