The Russian retail market is being seriously underestimated, David O'Hara, general director of DTZ Moscow said during the Russian Breakfast event at Mapic. Many well-known investors are quicker to consider the prospects in the Warsaw, while the Russian capital has the potential to grow to challenge Paris for the retail crown, O'Hara said.
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.
