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Barings Real Estate has acquired the Amstel Building in Amsterdam for more than €100 million from Cromwell Property Group in an off market transaction. This represents Barings’ first acquisition in the Benelux countries as part of its pan-European core investment strategy.
Pbb Deutsche Pfandbriefbank provided a long term bilateral senior loan to GreenOak in an amount of €95 million to refinance Las Mercedes Business Park, located in Madrid. Las Mercedes Business Park comprises around 79,750 m² of Grade A office accommodation in nine buildings fronting the A-2 motorway. Las Mercedes Business Par...
The first quarter saw a total of 781,900 sq m taken up in the German office letting market in the top locations, a result which therefore exceeded the 10-year average for a first quarter by a good 24 percent. This is the conclusion drawn in a current analysis prepared by the global commercial real estate services company CBRE.
In order to launch a €1bn strategic partnership with Edge Technologies, TH Real Estate’s Cityhold Office Partnership (CHOP) has acquired a duo of assets from the technology-led developer. TH Real Estate, on behalf of the Cityhold Office Partnership (CHOP), has completed the acquisition of the Edge Olympic in Amsterdam from Ed...
The KfW banking group has let approx. 5,500 sqm in the office building Centurion in Frankfurt-Bockenheim. The property, which is located at Theodor-Heuss-Allee 112 and also known as the American Express House, is part of the portfolio of the Dutch Family Office Golden Star. They had acquired the 30,000 sqm property in 2016 fr...
The topping-out wreath was raised: The Campus Tower will be one of the most striking buildings in the HafenCity Hamburg. A 16 floor tower with a long side bar marks the beginning of the Baakenhafen quarter and connects Hamburgs „academic quarter“ to the east of HafenCity University.
Lar España Real Estate Socimi S.A.'s AGM approved a €0.49 dividend per share reported against 2017’s results, which equates to a €45 million dividend payment, 50% more than the €30 million paid in 2016, and well above the €12 million in 2015. The dividend payment will be made on Wednesday 18 May. Dividend yields stand at 5.5%...
Chiswick Park Enjoy-Work has appointed Matt Coulson as Chief Executive Officer (CEO). Coulson will be responsible to lead and develop the business strategy for the 1.8 million sq ft office development in Chiswick, W4, managed by property management company Enjoy-Work. Coulson joined Chiswick Park Enjoy-Work as Operations Dire...
Continuing a trend seen for the past 18 quarters, overseas investment made up the majority of Central London office investment transactions in Q1 2018, according to CBRE. Overseas buyers were behind 79% of deals in the first quarter of the year and have accounted for more than 83% of all transactions over the last 12 months, ...
Second-tier cities offer higher return potentials than the seven Class A cities, while also boasting a greater stability of income, a comprehensive survey conducted by Demire Deutsche Mittelstand Real Estate AG and the Bulwiengesa research institute published found. The elevated return potential manifests itself most conspicu...
Since the beginning of the year, excavators are rolling on the site of the new Alexander Quarter (Alexanderquartier), in the immediate vicinity of Alexanderplatz in Berlin. On April 10 the development participants laid the foundation stone. Investor for the development is a development company of the European Student Housing ...
The P&P Group acquired the Southwind Portfolio a few days ago. Seller is Deutsche Telekom AG. Now in addition to Bavaria, the developer from Fuerth is also represented in the federal state of Baden-Wuerttemberg, Hessen and Rhineland-Palatinate with the Nuremberg metropolitan region and the Munich area.
Irish property company Ballymore and its Singapore partner, Oxley has completed the sale of its first building of its Dockland development in Dublin. Triuva has acquired the newly built, fully leased No.1 Dublin Landings on behalf of a separate account mandate from a German pension fund. The purchase price remains undisclosed...
The GIEAG Immobilien AG (GIEAG) has concluded a long-term rental agreement with the state of Baden-Württemberg from 1 June 2018 5,000 for all of the approx. 5,000 square meters of space in its office complex in Stuttgart. The estate agent for the rental agreement was E&G Real Estate.
Gieag Immobilien AG has concluded a long-term rental agreement with the state of Baden-Württemberg from1 June 2018 5,000 for all of the approx. 5,000 square meters of space in its office complex in Stuttgart. The state has rented the entire office complex on Neckartalstraße 13 and is thus the sole tenant in this Gieag propert...
KanAm Grund Group has bought a property for their new real estate fund for institutional investors in the commuter belt of Munich. The third property purchased for the „Fokus Süddeutschland Fonds“ is the TechPark Oberhaching in the southeast of the Bavarian metropolis.
M&G Real Estate has unveiled plans for its new £100 million (c.€114 million) office development in the heart of Glasgow’s city centre at 33 Cadogan Street - The Grid. Providing 277,500 sq ft of Grade A space over 12 levels, The Grid will be a welcome boost to the city’s commercial property market and aims to deliver a best-i...
BBC Cymru Wales has received the key for its new headquarters in Cardiff. The new £100m (c. €115.5) building is adjacent to Cardiff Central train station. Installing broadcast technology will take 18 months, with the first employees likely to in by the end of 2019. Legal & General, in partnership with Rightacres Property Com...
