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Commerz Real sells office complex in Rotterdam to institutional investor

Commerz Real sells office complex in Rotterdam to institutional investor

Commerz Real has sold the office complex “Blaak 31” in Rotterdam for approx. €75.6 million to an institutional investor; the property had belonged to the open-ended real estate fund hausInvest since 2008. Based on the current annual rent, this results in a gross yield of approx. seven per cent. In the course of the transactio...
Donnerstag, 29. Juni 2017

Paris office market: well situated in the election year

Topic Another highlight in the European election calendar is coming up with the presidential election in France on 23 April (run-off: 7 May). The result can have significant repercussions for the ge...
Mittwoch, 1. März 2017
A high financial burden for German home buyers

A high financial burden for German home buyers

Topic Home buyers in Germany not only have to pay high down payments for financing their property, but they also have to pay high transaction costs. Besides the transaction tax, also notary fees and...
Donnerstag, 24. November 2016
Gold-rush mood in cities at Elbe and Pleiße

Gold-rush mood in cities at Elbe and Pleiße

Topic It is not a new fact, but how fast and tremendous the cities of Dresden and Leipzig develop to substantial boom-towns, becomes clear, when one takes a closer look at a compressed analysis of t...
Donnerstag, 20. Oktober 2016

Alstria leases 1,600 sqm in Dresden

Alstria office REIT-AG announces the signature of a new lease for its asset Washingtonstr. 16/16a in Dresden. The new tenant, a provider for IT and engineering services, will lease up approxim...
Mittwoch, 28. Juni 2017

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Cardiff becomes home to a film and TV studio in Wales

Cardiff becomes home to a film and TV studio in Wales

A major new studio and office scheme will open in Cardiff following a deal brokered by property consultants JLL and Knight Frank. The Welsh Government has acquired the 250,000 sq ft former Nip...
Dienstag, 20. Juni 2017

Property Magazine International

Cinamon will open its doors in Redi shopping centre

Cinamon is making its way to Finland for the first time and will open a five-screen cinema in the Redi shopping and experience centre. Cinamon has signed an agreement to lease around 2,400 m² ...
Donnerstag, 29. Juni 2017

Edinburgh's Bonham Hotel sold to U.S. investor group

A luxury boutique hotel in Edinburgh's west end, The Bonham Hotel, has been sold by a controlled affiliate of Starwood Capital on an off-market basis to the U.S. based investor. Starwood Capit...
Mittwoch, 28. Juni 2017