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Central London office leasing volumes remain resilient

JLL has revealed that leasing activity over the summer remained resilient as 2.2m sq ft of office space in Central London was transacted within the third quarter of 2023. This represents a 10% increase on the previous three-months and the highest quarter of the year to date. However, these figures also highlight a 19% drop on...
Wednesday, 22. November 2023

M7 completes sales across the Netherlands

M7 Real Estate has sold 30 properties across the Netherlands, via 26 individual transactions, for a total of €109.1 million so far this year to a mix of institutional and local investors. The assets, totalling 117,300 sq m, comprise 16 offices, 11 retail warehouses, two retail assets and one industrial warehouse.
Wednesday, 22. November 2023

Montano acquires Haus am Staatstheater in Wiesbaden

Montano Real Estate has acquired an office and commercial building for a German professional pension fund. The „Haus am Staatstheater“ in Wiesbaden's city center has around 6,000 sqm of rentable space and 34 parking spaces. The main tenant is the State of Hesse. The parties have agreed not to disclose the purchase price.
Wednesday, 22. November 2023

Peakside renovates Garden House in Hoofddorp

Peakside Capital Advisors AG has started renovation works at a 6,800 m² office property in Hoofddorp, south of Amsterdam. The so-called Garden House will be transformed as part of Peakside’s transition-to-green strategy to attain modern, ESG-compliant spaces with state-of-the art technology and sustainability credentials.
Wednesday, 22. November 2023

Frankfurt‘s Trianon achieves platinum

Frankfurt's Trianon in Mainzer Landstrasse has been awarded the Platinum Standard and thus the highest certification from the German Sustainable Building Council (DGNB) in the course of the initial DGNB certification in accordance with the DGNB system for buildings in use (2020 version).
Tuesday, 21. November 2023

Life Sciences could add additional £4bn a year for the UK economy

British Land and Savills have launched a new report, Accelerating Innovation: A five-point plan to boost life sciences real estate, which outlines a series of far-reaching recommendations designed to accelerate the delivery of life sciences growth across the UK.
Tuesday, 21. November 2023

Technology can revitalize aging office buildings in CEE

Smart usage of technology in office buildings, accompanied by market indicators such as modern office supply per capita and low vacancy rates, continue to impact positively on the current condition of the office sector in Central and Eastern Europe. However, post pandemic effects, high inflation, increased energy costs and ge...
Tuesday, 21. November 2023

Norges Bank buys stake in two Boston properties

Boston Properties has sold a stake in two new Kendall Square lab projects to Norges Bank Investment Management (NBIM), the world‘s largest sovereign wealth fund, signaling continued investor interest in the life sciences sector despite the market‘s slowdown this year.
Monday, 20. November 2023

DWS rolls out VTS as first German headquartered asset manager

DWS today announced it has started to roll-out a digital leasing management solution for 39 million square feet across more than 150 properties in its pan-European commercial asset portfolio. The company is the first global asset manager headquartered in Germany to roll out VTS across its commercial pan-European real estate i...
Thursday, 9. November 2023

Sirius sells industrial park in Maintal for €40.1m

Sirius Real Estate has notarised the disposal of an industrial park in Maintal, in Germany's southwest Hesse region, for €40.1 million, representing a net initial yield („NIY“) of 5.7%. Furthermore, the FTSE 250 company completed the acquisition of a £33.5m portfolio comprising three assets in north London.
Wednesday, 8. November 2023