Office

Around 5% of employees in Germany worked from home before the pandemic, a number that has now increased to roughly 25%. Hybrid working models have become the norm now that the pandemic is over, and companies have reduced the amount of time their employees can work from home.

The latest research from JLL Ireland, tracking Dublin's office market in Q1 2024, shows that there have been low levels of leasing activity in the opening quarter, with 196,000 sq. ft across 31 deals. The volume of space is down 44% on the previous quarter and 63% below the five-year quarterly average. Additionally, the avera...

Publity AG, as asset manager, has sold an office property in Büdelsdorf near Kiel. The three-storey office property has a total rental area of almost 4,500 square meters. The parties have agreed not to disclose the buyer or the sale price. The property is located in a central commercial location, adjacent to the city of Rends...

AXA IM Alts announces that 22 Bishopsgate, its flagship London office scheme, is now 95% let following the signing of two new leases, totalling c.35,495 sq ft, with global enterprise automation software company, UiPath, and a London-based service provider.

Reef Group has appointed Ardmore to deliver the final phase of Tribeca, London's largest purpose-built life science campus, in the King's Cross Knowledge Quarter. Tribeca is London's largest purpose-built life sciences campus, featuring high-quality workspace, state-of-the-art laboratories, homes, shops and restaurants, as we...

Feldberg Capital has acquired 21-25 Bedford Street, London WC2, for approximately £75.0 million, for its ReForm Fund.

A Bedfordshire-based specialist recruitment company has agreed a deal on new offices in Luton. The unnamed business is relocating to Mulberry House at Capability Green – one of the UK's premier business parks – after agreeing a 10-year lease on 7,619 sq ft of first floor office space. Kirkby Diamond agreed an off-market deal ...

Picton has agreed to sell its second largest office asset, Angel Gate, London, EC1 for £29.6 million, with completion due on 9 April 2024. This is in line with the Company’s strategy to repurpose appropriate office assets and follows the Company securing residential planning consents during 2023 and a subsequent structured ma...

AM Sci Tech has recently completed a hat-trick of significant deals across the Aberdeen Energy & Innovation Parks, totalling approximately 7,000 sq ft. The agreements include the expansion of existing occupier Kaseum Technology, as well as new leases with Italmatch Chemicals and WorkNest.

Union Investment has sold the Stockholm office building Sthlm Hub, also known as Uggleborg 14, to Swedish property investor Vasakronan for approximately €62 million (SEK 715 million). The purchase price is higher than the most recent valuation. Vasakronan is owned by four of Sweden's national pension funds and already owns th...

VTS has pulled data from the 13 billion sf of space managed on its platform and it shows that London has fallen behind New York in demand for office space this month - the first time since the pandemic.

The latest acquisition of an office property at Innere Wiener Strasse 17 in Munich's Haidhausen district means that the specialised institutional real estate alternative investment fund Real I.S. SCF I is now fully invested and broadly diversified in its target country, Germany, with total investment of more than 250 million ...

Trident BMC will continue as a tenant in C200 Office. It has renewed and expanded its lease to occupy more than 2,200 sqm of office space. The tenant was represented during the renegotiation process by Newmark Polska.

Regional cities in the Czech Republic are becoming an increasingly interesting alternative for investors looking for cheaper, yet high quality, office space outside of Prague. This finding comes from the latest survey by Colliers. According to the market research, net realized demand in Brno grew by 43% year-on-year, while in...

The MSCI France Annual Property index posted a negative total return of -7.7% in December 2023 compared with 2022, an abrupt fall not seen since the beginning of the 1990s. Total returns combine the income return from rents with the capital return derived from the change in assets' valuations.

BIG – Bjarke Ingels Group and A+ Architects unveil design for the 12,000 m² Marengo Multimodal Transport Hub in France's fourth largest city, Toulouse. Located adjacent to the central station Gare Matabiau on the eastern border of the city, the building will expand the city center beyond the Canal du Midi and strengthen its p...

Helical plc has exchanged contracts on the sale of the long leasehold interest in 25 Charterhouse Square, London, EC1 to a Real Estate fund managed by Ares Management for £43.5 million. The disposal price represents a 6.5% discount to the 30 September 2023 book value.

S Immo has signed the contract to sell the Zagrebtower to the OTP Group. The disposal is in line with S Immo's adjusted strategy of gradually withdrawing from the Croatian market.