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European prime office yield softening slows

European prime office yields moved out by an average of 5 basis points to 4.90% during Q1 2024, down from a 17 bps increase in the previous quarter, as yields begins to stabilise, according to Savills.
Tuesday, 7. May 2024

BGO and Thirteen Seven sign first lease agreement for Mittelweser Park

BGO and Thirteen Seven have signed the first lease in Mittelweser Park. The international logistics company, ID Logistics, has committed to approximately 17,000 square metres in one of Germany’s newest, sustainability inspired logistics industrial developments. The company will occupy two units meeting WGK´s requirements, fro...
Tuesday, 7. May 2024

ARE and UBM lay foundation stone for Park Homes in Vienna

ARE CEO Hans-Peter Weiss, UBM CEO Thomas G. Winkler and Habau CEO Hubert Wetschnig laid the foundation stone for 135 privately financed condominiums together with district representative Erich Hohenberger. By laying the foundation stone for Park Homes, the partners are also heralding the start o...
Tuesday, 7. May 2024

Wolf Theiss Ljubljana relocates to new central office

Wolf Theiss has moved into a brand new, sustainable office building. Conveniently located in the centre of Ljubljana, close to the previous office, the new building boasts a contemporary design and layout that encourages collaboration.
Monday, 6. May 2024

Cloudberry contracts YIT with the construction of KKoy Levi Lingonberry

YIT has signed a contract with Cloudberry Development Oy on a real estate complex to be built as a project management contract close to the front slopes of Levi Ski Resort. The scope of the second construction phase of Icy Hot Chalet Levi ski-in/ski-out holiday apartments, called KKoy Levi Lingon...
Monday, 6. May 2024

Altera Vastgoed teams up with Aalberts

Altera Vastgoed has chosen Aalberts Bouw to work on a new project to improve the sustainability of 46 family homes in Welgelegen-Noord, Nieuw-Vennep. Improving the sustainability of the houses, which were built in 1987, is in line with Altera's ambition to achieve a Paris-proof portfolio by 2040 ...
Monday, 6. May 2024

Phoenix Spree plans to sell half of its flats

Phoenix Spree Deutschland has reported a 22.4% fall in EPRA net tangible assets to €3.96 per share (24.0% drop in sterling terms) in the year to 31 December 2023. The company plans to materially increase condominium sales and unlock the inherent value within its portfolio.
Friday, 3. May 2024

Catena recruits Mikael Tröjbom Johansen as Regional Manager

Catena reorganised the company's regional structure at the turn of the year and by then Denmark became a separate region, a change that clarifies its ambitions to grow in the Danish market. Mikael Tröjbom Johansen is now taking on the role of Regional Manager Denmark, a new position that is strat...
Friday, 3. May 2024

Barings purchases site for first PBSA in Italy

Barings has acquired a plot of land for the development of its first purpose-built student accommodation (PBSA) scheme in Italy, completing on a brownfield site in Rome, on behalf of its second European real estate value-add fund (BREEVA II). Purchased through an Italian real estate fund managed...
Friday, 3. May 2024

Glencar and Wrenbridge broke ground on

£31.5M, 37-acre project serves as a pivotal new workplace, logistics and warehouse commercial gateway to Luton and set to elevate the town onto a national platform.
Friday, 3. May 2024

Aroundtown achieves full occupancy in Archiparc

With the signing of a long-term lease of 5,140 sqm with the co-working concept De Stadstuin in Dalton Office Park, the entire Daltonlaan 200 office building in Utrecht is now fully let. De Stadstuin will open its 6th location in Utrecht and will provide office space, meeting rooms, an inspiring e...
Friday, 3. May 2024

HAL REIM buys Rolandshaus health centre in Stolberg

Hauck Aufhäuser Lampe's Real Estate Investment Management team has added a fully let outpatient healthcare centre in Stolberg, North Rhine-Westphalia, to the „H&A Social Infrastructure“ real e...
Monday, 6. May 2024
Euro Real Estate buys City Tower Vienna for €150m © Michael Hierner
Euro Real Estate buys City Tower Vienna for €150m © Michael Hierner

Euro Real Estate buys City Tower Vienna for €150m

United Benefits Holding realises the purchase of the „Justizzentrum Wien Mitte“ for Euro Real Estate with a transaction volume of more than €150 million. The major deal with Immofinanz is the ...
Monday, 6. May 2024

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Thursday, 2. May 2024
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TCC to develop a logistics park with Invesco in the Berlin area

Trammell Crow Company (TCC) has won Invesco as a partner for its logistics property project in Neuruppin. Together they will realise the logistics centre at Core Temnitzpark. The developer obt...
Tuesday, 30. April 2024
Bundesbank extends office lease at Frankfurt's Trianon © KanAm Grund Group
Bundesbank extends office lease at Frankfurt's Trianon © KanAm Grund Group

Bundesbank extends office lease at Frankfurt's Trianon

KanAm is making progress with the repositioning of Frankfurt's Trianon and has now officially confirmed the lease extension with Deutsche Bundesbank. The extension, which was first announced i...
Monday, 29. April 2024
Euro Real Estate buys City Tower Vienna for €150m © Michael Hierner
Euro Real Estate buys City Tower Vienna for €150m © Michael Hierner

Euro Real Estate buys City Tower Vienna for €150m

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