Rodamco Europe, the largest publicly-listed retail property investment and management company in Europe, has revised its outlook upwards for the full year 2006 from 7% to at least 8%. Highlighting that growth of like for like net rental income was 4.8%, Maarten Hulshoff, ceo of the Dutch-based company, told PropertyEU ‘this is a pretty good number for today’s market’.
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.
