Business Immo, the real estate website

Office

Office 24/10/2019

H.I.G. Capital adds 29,000 sqm office project in Lyon, seeks more

US-based H.I.G. Capital has acquired an office development totaling some 29,000 sqm GLA in France’s second city Lyon, already 70% pre-let, and is seeking (...)

Office 23/10/2019

Exxon pre-letting of GTC's Budapest office project highlights surging CEE demand

In a sign of surging demand for modern central European office space, Warsaw-listed GTC has pre-rented 95% of 29,000 sqm GLA in a Budapest (...)

Office 21/10/2019

European office rents rise 0.5%qq in 3Q19 but activity slowing – JLL clock

European office rents rose 0.5%qq in 3Q19, but economic activity has slowed, with eight of 24 major markets rising as against 11 in 2Q19, (...)

Office 21/10/2019

Singapore’s GIC confirms BI report of Paris PB6 tower buy, said at €550m

Singapore’s sovereign wealth fund GIC has confirmed its purchase of the 60,000 sqm Paris La Défense PB6 tower, which BI sources in September said (...)

Office 21/10/2019

CBRE GI adds 4,370 sqm office asset in Paris's 11th quarter seeing rental upside

CBRE Global Investors has completed the acquisition, on behalf of a client, of a 4,370 sqm office building in the 11th quarter of Paris, (...)

Office 21/10/2019

Grand Paris Express: "Construction potential of 40m to 45m sqm"

Business Immo: For this second part of your study on the Grand Paris Express, what did you use to quantify its impact on the (...)

Office 18/10/2019

"The real estate industry must equip itself with the technologies necessary for rapid and informed decision-making"

Business Immo: What was the iread mission it set itself when it was created?  Jean-François Grazi: The observation we made is that the real estate industry (...)

Office 18/10/2019

New CBRE/BI French real estate user confidence index shows optimism on activity

In the first edition of a French real estate user confidence index produced by CBRE in conjunction with Business Immo, 76% of the respondents (...)

Office 17/10/2019

Germany's KanAm purchases 3,750 sqm Mogador property in Paris

Germany' KanAm Grund Group has purchased the Mogador property in Paris, a fully-let office and retail building in the 9th quarter of Paris for (...)

Office 17/10/2019

Munich's HVB said eyeing €1.2bn sale of headquarters campus

Munich's Hypovereinsbank has begun a sales process worth up to €1.2bn of its Tucherpark office campus in the Bavarian capital, specialist news service Thomas (...)

Office 16/10/2019

US-based Invesco acquires 9,400 sqm Palazzo Turati in Milan, Italy

Global investment manager Invesco Real Estate has acquired the 9.400 sqm Palazzo Turati in Milan, Italy, located at Via Meravigli 7 in the city's central business district. Giving no (...)

Office 16/10/2019

Hamburg's Warburg-HIH acquires parts of Frankfurt Docks at 96% occupancy

Hamburg's Warburg-HIH Invest Real Estate has acquired parts of a new office development in Frankfurt called The Docks near the European Central Bank, with occupancy (...)

Office 15/10/2019

Luxembourg's CPI to acquire over €800m Polish office assets by March

Luxembourg-headquartered CPI Property Group, which invests in office in Berlin and central Europe, expects to acquire over €800m in Polish assets this quarter and (...)

Office 15/10/2019

Germany's Patrizia enters strategic partnership with WiredScore

Germany's listed property investment manager Patrizia has made a strategic investment in US-based WiredScore, the global rating scheme for digital connectivity across real estate. Founded in (...)

Office 11/10/2019

Germany's Deka adds Lithuania office complex for €156m

Germany's Deka Immobilien has entered the Baltic market of Lithuania, paying €156m for the Quadrum office complex in the central business district of the capital Vilnius. The (...)

Office 11/10/2019

Paris, Munich, Copenhagen top Allianz RE’s Euro office ranking

Paris, Munich and Copenhagen are Europe’s top three cities for core office investment opportunities, according to Allianz Real Estate’s Cities That Work 2019 report.  The (...)

Office 10/10/2019

Altarea Cogedim, CDC, CNP complete one of largest Paris deals at €800m

In one of the largest Paris deals this year, worth €800m, Altarea Cogedim and the state's CDC have sold three office projects to insurer (...)

Office 10/10/2019

Norway's Fleming pays €130m for SOK HQ in Finnish capital Helsinki

Fleming Properties, a newly-founded unit of Norway's Pareto Securities, has paid €130m - €3,150 per sqm - for the Helsinki HQ of SOK, part of (...)

Office 10/10/2019

Frankfurt's DIC Asset in 3Q sells two assets for €71m in Frankfurt, Leipzig

Frankfurt's DIC Asset in third quarter sold two assets for €71m in Frankfurt and Leipzig from its GEG institutional division after increasing values with active management. The notarised sales (...)

Office 09/10/2019

UK's Europa Capital, France's Balzac agree €142m Paris office sale to Primonial

UK-based Europa Capital and France's Balzac REIM have agreed a €142.5m sale of a Paris office to Primonial REIM after pre-let to medical internet (...)