Britain's Matrix Property Fund Management has signed the final agreement for the acquisition of Vienna's largest office building from US fund Doughty Hanson for EUR 247 mln. The IZD Tower, with 63,000 m[sup]2[/sup] of office space, is adjacent to the UN complex and its tenants include the US Mission to the UN, Ernst & Young and the Oracle Corporation. The tower has underground parking for 1,250 cars.
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.
