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Niam to develop Finland's first office skyscraper

Niam has entered into an agreement to acquire a development project called Kalasataman Horisontti from listed construction company SRV. The 11,700 sqm project will – once completed – include Finland’s tallest office tower spanning 111 meters over 26 floors. Located on top of the existing shopping center Redi, a 5-minute metro...
Monday, 6. March 2023

Colliers wins with office design for Mercedes-Benz Česká republika

Colliers won the award for best interior design for its modern offices for Mercedes-Benz Česká republika. The office space is located in the Anděl 17 building in Prague 5. The project’s main contributors obtained the award in person at ThePrime Real Estate Gala, which recognises outstanding achievements in the Czech property ...
Monday, 6. March 2023

Aventos buys Kyocera production site in Mannheim

Kyocera is leaving, Aventos is coming: On the production site at Steinzeugstraße 48-64, Aventos will realize a business park with 35,000 m² of commercial space. At the same time, the specialty ceramics manufacturer is moving its last units on the site to a new building by 2024, for which ground was broken last week.
Monday, 6. March 2023

Antilooppi sells office building in Helsinki to Corum

Antilooppi sells Takkatie 1 office property to Corum. The property is situated in Pitäjänmäki submarket, close to commuter train station. In addition, the new Jokeri light railway starts serving the property in 2023.
Thursday, 2. March 2023

Propreal Fund acquires two office buildings in Barcelona

The PCP European RE Fund I, managed by Swiss real estate investor Propreal Capital Partners, has acquired two fully-let prime office buildings totalling 12,000 square metres from the Zurich insurance group. The buildings are located in the heart of Barcelona’s historic old town and in a prime office location just off the Aven...
Thursday, 2. March 2023

Union Investment buys Westfalen Center Dortmund from AFIAA

Union Investment has acquired the Westfalen Center Dortmund. Located close to Dortmund city centre, the campus property comprises an office building that incorporates a hotel. The campus occupies a 10,062 sq m site, with around 30,415 sq m of rental space and 442 parking spaces. The vendor is Swiss investor AFIAA Investment F...
Thursday, 2. March 2023

Ardian sells Berlin office building to Macquarie

Ardian has sold the office building at Spichernstrasse 2 in the City West district of Berlin. Buyer is the „Stable Income Europe Real Estate Fund – Macquarie II (SIEREF - Macquarie 2)“, jointly advised by Macquarie Asset Management and MAPFRE. The purchase agreement was signed on December 2022.
Thursday, 2. March 2023

Kennedy Wilson signs Omega Pharma for London's One Embassy Gardens

Kennedy Wilson has signed a new, 10-year lease with pharmaceutical company Omega Pharma for 21,000 square feet of Grade A office space at One Embassy Gardens in Nine Elms, London, The new lease brings the prime office building, acquired off-market by Kennedy Wilson in June 2021, to 100% occupancy with a long WALT of 8.5 years.
Wednesday, 1. March 2023

PAREF Gestion acquires asset in Warsaw on behalf of SCPI

Interpierre Europe Centrale, a recently SRI labeled SCPI, has just acquired Bolero 2, a 3,700 m² asset located in the southwest of Warsaw, halfway between the airport and the city centre, combining both laboratory, office, meeting, and well-being spaces for employees.
Monday, 27. February 2023

11% increase in value of Irish land sales last year with 93 deals worth €751m

Development land in Ireland exhibited relative resilience in 2022 with €751 million worth of land deals transacting, marking an 11% increase on the previous year’s total of €677 million, according to a new report from Savills Ireland.
Monday, 27. February 2023

Getinge to establish UK HQ at St. Modwen Park Derby

Swedish medical technology manufacturer Getinge has announced plans to establish a new Global Centre of Excellence for Chemistry and UK headquarters at St. Modwen Park Derby. Within the facility, the MedTech company will bring together its chemistry and instrument decontamination business, as well as its UK sales offices, ser...
Monday, 27. February 2023

Virgin Media O2 signs lease for new HQ at British Land's Paddington Central

British Land has signed an agreement to lease 83,000 sq ft of space over seven floors to Virgin Media O2 at 3 Sheldon Square, a newly refurbished office building at Paddington Central, which will act as the telecoms company’s new headquarters. The deal takes the building to 60% let, ahead of its opening in February 2024.
Friday, 24. February 2023