City Developments Limited (CDL), a developer controlled by Singaporean billionaire Kwek Leng Beng, has acquired Aldgate House in the City of London for £183 mln (€205 mln) from Hermes Investment Management and Canada Pension Plan Investment Board (CPPIB).
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.
