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Konrad-Adenauer-Ufer, Cologne, Germany - Photo: Konrad-Adenauer-Ufer, Cologne, Germany

Architect competition for former Royal Railways headquarters in Cologne decided

The anonymous and limited-entry architect competition around what was originally the Royal Railways headquarters (Königliche Eisenbahndirektion Cöln) on Konrad-Adenauer-Ufer in... more...
Monday, 7. May 2012

Brazilian billionaire at real estate shopping tour in London?

Allegedly the Brazilian billionaire Moise Yacoub Safra acquired the Plantation Place office scheme in London for £ 500 million respectively €616m. Plantation Place investments were up to 2008 backed by a so called „commercial... more...
Monday, 7. May 2012

SEB-funds sells Ergo headquarters in Nuernberg

The open ended fund SEB Immoinvest has sold the headquarters of the Ergo insurance in Nuremberg with its office space of 25.000 m² on the Canadian Dundee International REIT for € 48,3m The office complex is located in the... more...
Monday, 7. May 2012

The quietness of the Roman market

The first quarter of 2012 confirmed the characteristic quietness of the Roman market in the first three months of the year: only € 100m were invested, representing 23% of the Italian volume. Q1 2012 was a very quite quarter for the... more...
Monday, 7. May 2012

Balder acquires property in central Stockholm

Balder has on May 3, acquired the office property Granen 21, Östermalm in Stockholm. The acquisition is made in company form.The property is located in the most attractive area in central Stockholm. The seller is Länsförsäkringar... more...
Thursday, 3. May 2012
Arenastaden 1, Sweden, Office, Carlsberg - Photo: Arenastaden 1, Sweden, Office, Carlsberg

Carlsberg selects Arenastaden for its new Swedish headquarters

In the Uarda 1 property, Carlsberg Sweden will lease 2,700 sqm of office space and occupancy will take place on 15 November 2012. The AIK Football Club, Onside Media and Svenska... more...
Thursday, 3. May 2012

Deka Immobilien sells “Schlössle Galerie” in Pforzheim

Deka Immobilien GmbH has sold the “Schlössle Galerie” shopping centre in Pforzheim, Germany to a special fund of Real I.S. for around € 76 million. The property was part of the portfolio of open-ended mutual property fund... more...
Thursday, 3. May 2012

La Française AM launches the first OPCI sharia compliant in France

La Française AM has created the first Sharia compliant OPCI (collective real estate vehicle with simplified investment rules with leverage) dedicated to institutional investors, including one of the largest and leading Islamic... more...
Thursday, 3. May 2012

Split start to the year on the German office leasing market

“The results for take-up of space during the first three months of the year in Germany’s six most important office markets are definitely unusual. Overall, take-up of space during the first quarter of 2012 was at 614,600 sq m, about... more...
Thursday, 3. May 2012
Neue Promenade 6, Berlin Mitte, Büro, Retail - Photo: Neue Promenade 6, Berlin Mitte, Büro, Retail

Union Investment to purchase in Berlin

Union Investment Real Estate GmbH continues to expand its real estate portfolio in Germany. Just a few weeks after the acquisition of Rosmarin Karree, the Hamburg-based investment management company has acquired a further office/commercial... more...
Thursday, 3. May 2012

Pembroke Real Estate acquires Maximilianhöfe in Munich

Pembroke Real Estate today announced the acquisition of Maximilianhöfe, widely considered to be one of the most prestigious mixed-use properties in Munich. Located on Maximilianstrasse, Germany’s exclusive luxury retail street, the... more...
Wednesday, 2. May 2012

Prices for office real estate decouple from fundamental data

In 2011, price development in the European office real estate markets was largely decoupled from the development of fundamental data. These are the findings in the current version of the Patrizia Office Property Investment Compass.... more...
Wednesday, 2. May 2012
Admiral building in Newport, Office, UK - Photo: Admiral building in Newport, Office, UK

93,000 sq ft Admiral building in Newport gets go ahead

Scarborough Development Group announces that planning permission has been granted for the redevelopment of the Cambrian Centre in Newport, following a unanimous vote by Newport City... more...
Wednesday, 2. May 2012
Passivhaus office building  - Photo: Passivhaus office building

First Passivhaus office in the UK Scoops Award

The UK’s first zero carbon Passivhaus office building has scooped a top award. The 6,000 sq ft office building on Watermead Business Park in Syston, Leicester has won the East Midlands Project of the Year award from the Chartered Institute... more...
Tuesday, 1. May 2012

European office buildings face greater obsolescence

Over the next decade European office buildings face an increased risk of value depreciation and obsolescence as structural change in three factors will combine to accelerate risk, according to the the Jones Lang LaSalle Offices 2020... more...
Monday, 30. April 2012

DIC Asset acquires two two office properties in Frankfurt

DIC Asset AG finalised the acquisition of two office properties in Frankfurt, earmarked for its portfolio of existing real estate (Commercial Portfolio). The deal has an investment volume of approximately € 40 million. The aggregate... more...
Monday, 30. April 2012

Atria Edinburgh celebrates topping out

The City of Edinburgh Council’s Chief Executive, Sue Bruce, marked a significant milestone in the development of Atria Edinburgh by filling in the last concrete slab on the highest floor of the building as part of a topping out ceremony. more...
Monday, 30. April 2012

Further rental growth expected for Moscow office market

During Q1 2012, Moscow’s office market saw a low volume of new supply, strong occupier activity, falling vacancy rates and a stabilization of rental rates, according to the latest research by CBRE. more...
Friday, 27. April 2012