Orco Property Group, based in Luxembourg, has acquired an office building in Berlin for an undisclosed sum. The property at Kurfurstendamm 102 comprises 10 office and retail units with a total floor space of 3,400 m[sup]2[/sup]. The tenants include Commerzbank, Canon and the IVD real estate federation of Berlin-Brandenburg.
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.
