The record for shopping centres development in Europe is likely to be broken again in 2006, according to new research by Cushman & Wakefield. Anticipating a strong finish to the year, the report said up to 6.4 million m[sup]2[/sup] of space will be added this year, with a further 1 million m[sup]2[/sup] of extensions to existing schemes.
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.
