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Office

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

Walk Around wins Leppävaara idea competition

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.
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

Office occupancy in Madrid almost back to pre-pandemic levels

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...
Tuesday, 23. April 2024

IWG grows significantly in Hungary with new openings

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.
Tuesday, 23. April 2024

City market sees record office leasing activity in 2023

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.
Monday, 22. April 2024

Imaxxam acquires West Side Spark in Bonn

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.
Monday, 22. April 2024

Broadgate secures landmark pre-let at 2 Finsbury Avenue

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-...
Friday, 19. April 2024

UBM lays foundation stone for LeopoldQuartier Office Vienna

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.
Friday, 19. April 2024