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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...
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...
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.
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...
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...
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...
The jury has now selected the winner of the Leppävaara idea competition organised by the City of Espoo. The winning entry is Walk Around by the construction company YIT, architecture company Arco, and engineering and consultancy company Ramboll.
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...
The Finnish Embassy has extended its lease of 5,000 square metres of offices in „Le Corrège“ on Avenue Cortenbergh in Brussels. Under the new lease, the embassy will remain in the building until 2040.
Europe's average office occupancy rate has risen from 55% to 59% over the last year, says Savills, with Madrid now standing at 68%, almost back to the European pre-pandemic average rate of circa. 70%. London West End and Paris CBD have the second and third highest rates, at 61% and 59%, respectively. Warsaw has seen the highe...
IWG anticipates record network growth in 2024, as businesses of all sizes embrace the benefits of hybrid working. The company now has approximately 4,000 locations in more than 120 countries.
Developer 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 City of London recorded its joint highest number of office leasing deals in a calendar year in 2023 with 331 transactions over 5,000 sq ft, according to a comprehensive analysis of office relocation trends by Cushman & Wakefield. This equals the totals recorded in 2015 and 2018, the highest in the last decade.
Le Masurier sells its last asset in Germany: The British property company has sold the HENRI office and laboratory building in Erlangen to French SCPI, Transitions Europe, managed by Arkéa Real Estate Investment Management, for €12+million.
Imaxxam has acquired the newly constructed „West Side Spark“ office building in Bonn on behalf of the „Geno Rheinland Real Estate (GRRE)“ fund. The seller of the property, Swiss Life Asset Managers (SL AM Development Residential GmbH), developed the DGNB Gold-certified building on Václav-Havel-Platz.
Broadgate has signed an agreement with hedge fund firm Citadel and leading global market maker Citadel Securities to lease over 250,000 sq ft of workspace, with options to lease up to another 130,000 sq ft, at Broadgate’s new 750,000 sq ft development, 2 Finsbury Avenue (“2FA”). The deal means the building is already 33% pre-...
UBM Development laid the foundation stone for LeopoldQuartier in the presence of numerous political and business representatives. The first phase of construction will be the 22,000 m² LeopoldQuartier Office, a timber-hybrid building.
Altaal has signed a 9-year lease contract with SONY at its office and lab property, Omega Court in Brussels. The lease comprises lab space of approximately 1,250 sqm as well as an additional 1,230 sqm office space.