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» Chronological View: " Office " «

Former Kodak warehouse sold to J Pullan and Sons

The former Kodak warehouse/industrial and office complex of 167,130 sq ft on a 7.6 acre site at Howley Park in Morley in south Leedswas sold to J Pullan and Sons which acquired the asset from Kodak. Dove Haigh Phillips (DHP) acted on behalf o the seller. The price was undisclosed.
Wednesday, 10. October 2018

Hammerbrooklyn Digital Campus: Campus of the Future is Being Built in Hamburg

The Hammerbrooklyn.DigitalCampus is being developed into a pioneer in the field of digital transformation and innovation. Starting from the beginning of 2019, corporations, startups and creative minds will aim at taking an active role in shaping the profound impact of the digital transformation on society and the economy.
Wednesday, 10. October 2018

Blue Marble acquires Solihull office investement for £6.1 million

Blue Marble Asset Management has acquired the freehold of Stratford Court, Cranmore Boulevard, Solihull, B90 4QT for £6.1 million (c. €7 million). THe asset is a multi-let office building providing 30,694 sq ft of open plan accommodation over three floors, let to six tenants, located on Cranmore Boulevard close to Stratford R...
Wednesday, 10. October 2018

Carter Jonas appointed as lead planning consultant to U+I’s Cambridge Northern Fringe East

Carter Jonas has been appointed by U+I as the lead planning consultant on Cambridge Northern Fringe East (“CNFE”). The 120-acre site will be transformed into a major new city quarter and is expected to deliver around 5,200 homes and up to one million sq ft of commercial, retail and leisure space that could create more than 7,...
Tuesday, 9. October 2018

Real I.S. acquires “Neues Bahnhofsareal” in Ditzingen for individual mandate

Real I.S. AG has acquired the residential and commercial “Neues Bahnhofsareal” project in Ditzingen, Germany, acting on an individual mandate from an institutional investor. Completion of the three residential and commercial buildings has been scheduled for 2020. The sellers are MBP Projekt BA Ditzingen GmbH & Co. KG, based i...
Tuesday, 9. October 2018

Árima aims to be listed on the Spanish Stock Exchanges

Árima Real Estate SOCIMI, S.A. emerges as a recently incorporated company with the aim of becoming the only listed, internally managed, pure-play Spanish SOCIMI (Sociedad Anónima Cotizada de Inversión Inmobiliaria, a real estate investment company) focused purely on Spain, mainly in Madrid´s office market.
Tuesday, 9. October 2018

Wigan Acquisitions adds to portfolio with Budapest office and retail building

Wigan Acquisitions, has partnered with a Hong Kong private investment fund to purchase the K6 building in Astoria, a landmark area of downtown Budapest. The building was previously the post-modern headquarters of the state-owned Hungarian Art Gallery until 2006, when it was fully renovated and now extends to 1,400 sq m of ret...
Tuesday, 9. October 2018

AXA IM - Real Assets completes acquisition of Melbourne office building development

AXA Investment Managers - Real Assets (AXA IM - Real Assets) has completed, on behalf of one of its clients, the purchase of 21 Harcourt Parade, a parcel of land with full development approval in the Cremorne precinct of Melbourne. Acquired from Caydon Property Group for AUD$32.5 million (c. €20 million), the property will be...
Tuesday, 9. October 2018

Goold strikes two deals as business sites sold

Goold Estates has sold a mixed-use business park in Staffordshire to London-based investors in a multi-million-pound deal. In addition, the company sold the Lakeside Business Park, in Cannock, for an undisclosed sum to Ribston UK Industrial Property Ltd Partnership. Adam Ramshaw, regional director at national property consul...
Tuesday, 9. October 2018

Principal RE strikes twice

Principal Real Estate has acquired three assets. Acting as asset and transaction manager for Paref Gestion, Principal has purchased two retail warehouses in Schleswig-Holstein. In addition, the real estate investment manager has acquired an office building in Levallois Perret, Paris, on behalf of a segregated account it manag...
Tuesday, 9. October 2018

Capital’s office market breaks 10-year average with 3 months to spare

Edinburgh’s commercial property market maintained its strong performance for office occupier take-up, transacting over 300,000 sq ft of office space during Q3, according to data from JLL. According to JLL, a strong third quarter ensures that Edinburgh has already broken the annual 10 year average, following a record-breaking ...
Monday, 8. October 2018

Principal RE announces one acquisition and one sale in Paris

Principal Real Estate has acquired Henkel’s French headquarters building in Paris from a fund managed by Primonial REIM. In addition, the real estate company announced the sale of the Building B in the Arcueil suburb of the city, which was bought by Tigre. The purchase price has not been disclosed.
Monday, 8. October 2018

Dublin Office Market On Target for Another Bumper Year in 2018

CBRE Ireland have today released figures for the volume of office lettings signed in Dublin during the first nine months of 2018, which shows that the market is on target for another strong year, after 2017 beat all previous records. According to CBRE Ireland, more than 56,000m2 of office lettings in 80 individual transaction...
Monday, 8. October 2018

Osborne and Co submit plans for major Glasgow development

The regeneration of a key arterial site in Glasgow city centre has taken a significant step forward with the submission of a detailed planning application for a 283,000 sq ft Grade A office development by Osborne and Co. The £95m (c. €108m) investment by Osborne will deliver the first major activity on this prime site in the ...
Monday, 8. October 2018

TH RE acquires ‘Project Iconic’ in Morland Mixité Capitale in Paris

TH Real Estate, on behalf of the Cityhold Office Partnership (CHOP), has acquired an iconic development covering 28,262 sq m (304,210 sq ft) in the Morland Mixité Capitale Parisian urban regeneration development, located in the heart of Paris, from Société Parisienne du Nouvel Arsenal, represented by Emerige.
Monday, 8. October 2018

Tristan fund adds Spanish assets with Madrid office portfolio

EPISO 4, a value-add fund advised by Tristan Capital Partners together with local operating partner Savills Investment Management, have acquired a 78,000 sqm office portfolio in Madrid from Inmobiliaria Colonial Socimi. The portfolio consists of six Grade A office buildings located in established submarkets outside of Madrid’...
Monday, 8. October 2018

UKCM sells London office asset for £73.2 million

UK Commercial Property REIT Limited (UKCM) has completed the off-market sale of 15 Great Marlborough Street, an office asset in London’s Soho, to Royal London Asset Management for £73.2 million (c. €83.2 million), ahead of the last valuation as at 30th June 2018. The 49,094 sq ft freehold office building, which is arranged ov...
Monday, 8. October 2018