A Qatari state company is in talks with Britain's Ministry of Defence to acquire Chelsea Barracks in London. Qatari Diar Real Estate and Investment is conducting the talks, Qatari foreign minister Sheikh Hamad bin Jassim told the Trade Arabia business information news website has reported, Sheikh Hamad is also the chairman of Qatari Diar. He did not disclose any financial details.
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.
