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Office

Office rents 34.2% higher near Dutch railway stations

Savills has unveiled a new report detailing critical trends shaping the future of the Dutch office market, emphasising the significant impact of location and accessibility. According to the study, offices near railway stations command rents that are 34.2% higher than those in less accessible locations, reflecting the premium ...
Friday, 26. April 2024

BSH moves to Solna Business Park

Fabege has signed an agreement with household appliance manufacturer BSH Home Appliances AB for a new office and showroom for its Bosch, Siemens, NEFF and Gaggenau brands at Solna Business Park. The agreement covers a total of just over 4,300 square metres at the corner of Svetsarvägen. The agreement runs for 10 years.
Friday, 26. April 2024

JTRE enters German market with acquisition in Berlin

Following its successful and award-winning first projects in London, J&T Real Estate (JTRE) is strengthening its strategic position as an international developer. The first project of JTRE's newly established German branch will be Nordhafen Living & Office in an attractive central location in Berlin.
Friday, 26. April 2024

Deka Immobilien sells Coty's Headquarters in Paris

Deka Immobilien has sold the office building Opéra Gramont, located at 14 rue du Quatre Septembre in Paris for approximately €107 million. The property was part of the WestInvest ImmoValue portfolio, an investment fund designed for institutional investors, and was acquired by Osae Partners on behalf of one of its discretionar...
Friday, 26. April 2024

Full basket, low tickets

According to Aulina Brzeszkiewicz-Kuczyńska, Research and Data Manager at Avison Young, the total investment volume in 2024 was €364 million, the weakest first quarter result in recent years.
Friday, 26. April 2024

Dominus and Cheyne partner up for 65 Fleet Street

Dominus and Cheyne Capital Management have acquired 65 Fleet Street in a joint venture. This acquisition follows on from Dominus and Cheyne Capital having completed two development financing transactions in 2023. The partners have ambitious plans for the site to introduce a mix of uses that will add to the life and dynamism o...
Thursday, 25. April 2024

Castellum sells ten properties for SEK 934m

Castellum is selling ten properties for SEK 934m less deferred tax and overheads totalling approximately SEK 25m. The sale price confirms the carrying amount. The deal is expected to close on 31 May.
Thursday, 25. April 2024

Wihlborgs signs two deals for office space near Copenhagen

The electronics company EMRI and the engineering and technology company Grønbech will be moving to Wihlborgs’ newly renovated, multifunctional and energy-efficient Meterbuen 27 office building in Skovlunde northwest of Copenhagen. EMRI has signed a lease for 3,300 square metres, Grønbech leases 3,000 square meters for its fou...
Thursday, 25. April 2024

Topland reaches full occupancy for Bristol city centre office

33 Bristol, the Topland-owned Bristol city centre office space, is now fully occupied after engineering and environmental consultants, Rappor, completed the letting of its ground floor suite. The investment group acquired the office facility in 2019 before investing £1 million in an extensive refurbishment to attract business...
Thursday, 25. April 2024

Shrinking supply of prime office space in central Warsaw

According to „Office Occupier - Warsaw Office Market, Q1 2024“, a report published by the real estate consultancy Newmark Polska, the Warsaw office market is entering a period of increased focus on the reuse and refurbishment of office buildings.
Thursday, 25. April 2024

Golden Triangle life sciences take-up increases 25% year-on-year

Life sciences take-up in the UK’s ‘Golden Triangle’ of London, Oxford and Cambridge was c.186,000 sq ft in the first quarter of 2024, according to Knight Frank, up 25% year-on-year as the sector continues to mature and the UK’s appeal as a hub for life sciences and innovation, start-up activity and talent quality transforms t...
Thursday, 25. April 2024

European commercial real estate investment activity remained muted

European commercial real estate markets remained sluggish in the first quarter of 2024 as hopes for aggressive interest rate cuts faded and investors stayed on the sidelines. Even so, a steady flow of smaller deals and even some large-scale transactions pointed to healthy residual appetite, according to the latest Capital Mar...
Wednesday, 24. April 2024

Cole Waterhouse acquires former Hilti HQ in Trafford

Cole Waterhouse has exchanged on the acquisition of the former Hilti headquarters in Trafford, with plans to bring forward a new mixed-use, residential-led development on the site. The plot, which currently includes a 31,000 sq. ft. office building previously occupied by the manufacturer, is located within the 215-acre Traffo...
Wednesday, 24. April 2024

The 2024 Real Estate Oscar goes to ... Lisbon's K-Tower

The office complex K-Tower in Portugal's capital Lisbon was the big winner at the real estate Oscar award ceremony in the Portuguese city of Sintra on 18 April 2024 with first place in the two categories „Office“ and „Excellence in Efficiency & Sustainability“. The recently acquired K-Tower represents Real I.S.'s first acquis...
Tuesday, 23. April 2024