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» Chronological View: " Office " «

South Korean investors acquire landmark office building in Bristol

South Korean investors, advised by Ogier, acquired alandmark office building on 10 Canons Way in Bristol. The firm advised on both the Jersey and BVI law aspects of the £95.5 million (c. €107.6 million) purchase of the fully-let 176,611 sq ft building. The investors are advised by Knight Frank Investment Management, and Ogier...
Wednesday, 17. January 2018

Spaces opens new co-working hub in Edinburgh

Edinburgh's reputation for building a vibrant entrepreneurial ecosystem has received a further boost with the opening of a major new co-working hub in the city centre later this year. Spaces has let 29,707 sq ft of office space at the recently refurbished development, One Lochrin Square in Edinburgh's Exchange District.
Wednesday, 17. January 2018
Alpha Industrial implements largest project development in years

Alpha Industrial implements largest project development in years

Alpha Industrial has concluded a long-term rental agreement with Robert Bosch GmbH for 40,000 sqm of newly constructed commercial space with an additional renewal option. The new business park is being constructed in Tamm (Ludwigsburg), a community in the Stuttgart region with good transport connections to the A81 motorway. A...
Tuesday, 16. January 2018

AXA IM - Real Assets acquires office property in Washington

AXA Investment Managers - Real Assets has completed, on behalf of a client, the acquisition of 1401 New York Avenue, a 210,000 sq ft office asset located in Washington, DC's East End submarket from Heitman and Minshall Stewart Properties. AXA IM - Real Assets completes acquisition of a majority interest in the property alongs...
Tuesday, 16. January 2018

M&G Real Estate signs new deal at City of London office with UK ernergy producer

M&G Real Estate has signed a new deal with one of the UK’s leading electrical power generating companies at Alder Castle on Noble Street in London’s square mile. The energy production company has signed a new 10-year lease to take 13,000 sq ft of office space in this recently refurbished central London building. The news foll...
Tuesday, 16. January 2018
Davies Group lets 5,100 sq ft at Central Park

Davies Group lets 5,100 sq ft at Central Park

Yorkshire claims management firm the Davies Group has taken 5,100 sq ft of quality office space at the popular Central Park development in Leeds. The group has signed a ten-year lease at a rent of £12.50 (c.€14.07) per sq ft at Central Park, which is owned by development and investment company Squarestone.
Tuesday, 16. January 2018

CNP Assurances is investing in Finland with an office property in Helsinki

CNP Assurances entrusted real estate group Hines with the task of acquiring a new-build office property in Helsinki, Finland. This marks the Group and Hines' first step in Finland. Kasarmikatu 21 is a new office property in the heart of Helsinki's business district. CNP Assurances bought the building from the development cons...
Tuesday, 16. January 2018

Pbb provides €41 million medium term credit facility to private investor

Pbb Deutsche Pfandbriefbank provided an investment facility of €41.4 million to companies owned by a professional private real estate investor and managed by Amesbury s.r.o. The funds will be used to refinance the Zlicin and Chrastany business parks near Prague. Thereby Pbb extended the maturity of its financing by another fi...
Tuesday, 16. January 2018
Cushman & Wakefield announces promotions in its office agency

Cushman & Wakefield announces promotions in its office agency

In November 2017 Cushman & Wakefield announced promotions to Associate in EMEA. In Poland, promotions were awarded to four office agency specialists: Piotr Capiga, Adam Schroeder, Marcin Siewierski and Pawel Strzemecki, following a rigorous scrutiny of their work performance, expertise and cooperation with clients.
Tuesday, 16. January 2018

German Office Market: Impressive new record take-up

In 2017 the take-up of office space exceeded 4.3 million sqm in the eight main German locations Berlin, Düsseldorf, Essen, Frankfurt, Hamburg, Cologne, Leipzig and Munich. The result not only beat the previous year's take-up by 16 %, but is also by far the best result ever recorded. This is revealed in the Office Market Repor...
Monday, 15. January 2018

The journey continues: Investment turnover of €58.2bn

In 2017 around €58.2 bn was invested nationwide in commercial property. Due to a very strong final quarter, the previous year's very good turnover was improved once again by 11 %. This is revealed in the Investment Market Report 2018, which BNP Paribas Real Estate will publish at the beginning of February. The most important ...
Friday, 12. January 2018

Spaces opens facility in Birmingham

Spaces will be opening a work hub in Birmingham. The workspace will occupy all 7,523 sq m of The Crossway on Great Charles Street. Spaces provides a productive working environment which allows its users to integrate work into their lifestyle. The new Birmingham hub will not just offer co-working opportunities, but will provid...
Friday, 12. January 2018
Invesco RE acquires three European core office assets for €140 million

Invesco RE acquires three European core office assets for €140 million

Invesco Real Estate has acquired three Class-A office properties in Milan, Prague and Munich. The acquisitions with a total investment volume of €140 million were made on behalf of one of the firm’s long-standing German separate account clients, a south German pension fund. „All three assets are fitting perfectly into the agr...
Friday, 12. January 2018
Munich: Conren makes two deals at the start of the year

Munich: Conren makes two deals at the start of the year

Conren Land starts the year dynamically. The investor has sold an office property in Baierbrunner Strasse in Munich to a fund managed by Patrizia. At the same time, the investment company acquired an office property in the Thomas-Dehler-Strasse 18 through an asset deal.
Thursday, 11. January 2018
CA Immo: Property sales in 2017 generated proceeds of € 370 m

CA Immo: Property sales in 2017 generated proceeds of € 370 m

CA Immo successfully signed property sales with a total volume of approx. €370 m. Around 90% of sales proceeds were accounted for by contracts signed in the fourth quarter of 2017 – among them the sale of the Frankfurt Tower 185, CA Immo's largest single transaction of the year . Sales prices achieved in 2017 on average were ...
Thursday, 11. January 2018
Miller Homes signs deal for new regional HQ at Brook Court in Worcester

Miller Homes signs deal for new regional HQ at Brook Court in Worcester

Miller Homes is set to open a new Midlands regional office at Brook Court on the Whittington Park office development in Worcester following a deal brokered by Bruton Knowles. Said to be one of the most significant office lettings for the City, Brook Court is situated on the outskirts of the City is set in attractive landscape...
Thursday, 11. January 2018

Intervest purchases logistics site in Brussels

Intervest Offices & Warehouses has acquired a logistics site of 26.000 m² in the Brussels periphery for € 13,8 million with a view to a complete redevelopment in 2020. With the acquisition of this logistics site, the investor continues to expand its logistics real estate portfolio.
Thursday, 11. January 2018