Office

Helical plc has exchanged contracts on the sale of the long leasehold interest in 25 Charterhouse Square, London, EC1 to a Real Estate fund managed by Ares Management for £43.5 million. The disposal price represents a 6.5% discount to the 30 September 2023 book value.

S Immo has signed the contract to sell the Zagrebtower to the OTP Group. The disposal is in line with S Immo's adjusted strategy of gradually withdrawing from the Croatian market.

Sonar Real Estate, acting in its capacity as asset manager, has let around 11,600 sq m of office space in three properties in Berlin. Five leases have been agreed.

British Land and Royal London Asset Management Property (‘Royal London Asset Management’) announce the formation of a new 50:50 joint venture (‘JV’) to accelerate the delivery of 1 Triton Square into a best in class science and innovation building at Regent’s Place. The agreement values 1 Triton Square at £385m.

Colony has signed a green lease with SSH Communications Security Oyj for approximately 1,000 square meters. SSH will move in during the fall of 2024.

The Empira Group has been able to secure the insurance company die Bayerische as a long-term tenant for 11,550 square metres of commercial space in the Munich office complex The Source.

CA Immo reports a loss of € 224.5 million for the 2023 financial year due to the revaluation of the portfolio. CA Immo reports a loss of € 224.5 million for the 2023 financial year due to the revaluation of the portfolio. Nevertheless, the company is maintaining its dividend policy and plans to pay out a dividend of €0.80 pe...

Bruntwood SciTech and Thermo Fisher Scientific have entered into a new strategic collaboration to support businesses across Bruntwood SciTech’s national portfolio of life science campuses.

Hartwell Plc has unveiled emerging designs to deliver new carbon efficient lab and workspace buildings for small and medium sized science and technology companies and amenities at Wootton Science Park to the south-west of Oxford. Hartwell has owned the park since 1975 and built the first office building in 2005. It has recent...

Real I.S. has signed a new lease agreement with Property investment manager Heeneman & Partners in De Alexander office building at Oosterdokstraat 80 in Amsterdam. In the first quarter of 2024, Heeneman & Partners entered into an agreement for the lease of approximately 650 sq m of office space in the multi-tenant office buil...

Barings Real Estate has leased the 12th floor of its Landmark office development in Manchester to international law firm, DAC Beachcroft.

Immofinanz is taking another step in optimising its portfolio by selling two office properties in Vienna. The properties in the 20th district of Vienna have been successfully sold to an Austrian real estate investor. According to Immofinanz, the sale was above book value.

Helical and Ashby Capital have let the eighth floor comprising 15,484 sq ft of best-in-class office space at The JJ Mack Building, 33 Charterhouse Street, EC1 on a 15 year lease to Three Crowns. The firm plans to relocate from its existing offices at New Fetter Place in early 2025.

HIH Invest Real Estate announced the completion of its Twentyone office scheme in Berlin. The new building at Saarbrücker Strasse 21 in the Prenzlauer Berg district supplements a building cluster on the grounds of the former Königstadt brewery that HIH Invest manages on behalf of an institutional investor.

Publity AG as asset manager has sold an office property in the port city of Wilhelmshaven. The property has a total rental area of over 4,000 square meters and is let to the port operator JadeWeserPort. The remaining lease term (WALT) in the property is 9.4 years. The modern office building is in an attractive and central loc...

TriGranit and Revetas Capital have officially obtained the occupancy permit for the second phase of Millennium Gardens. This achievement represents a noteworthy milestone in the development of Budapest's sustainable office landscape.

The international law firm CMS and the European Investment Bank (EIB) have rented office space in the newly renovated Palác Dunaj building on Národní třída. The total occupancy has now reached almost 80%. Only one floor of offices and retail units on the ground floor of the building remain vacant, though negotiations with pot...

Real I.S. AG has acquired the office property K-Tower in Lisbon for its open-ended retail property investment fund Realisinvest Europa. Seller is the family-owned developer Krest Real Estate Investments. The parties have agreed not to disclose the price of the deal.