Vivacon, the German real estate company, has sold a large portfolio of residential properties to an international institutional investor for EUR 180 mln. The portfolio consists of 5,133 residential units with a total area of 305,700 m[sup]2[/sup] predominantly located in northern Germany and North Rhine-Westphalia on Germany's western border.
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.
