Jones Lang LaSalle UK has been appointed by Universities' Superannuation Scheme (USS) to market Telford Shopping Centre in Shropshire, UK for about £460 mln (EUR 679 mln). Property Week reported that USS has decided to sell the 92,902 m[sup]2[/sup] shopping centre because it wants to reduce its exposure to large retail properties in the UK.
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.
