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Office

Office 02/08/2019

CBRE GI adds Prague office for €55m on behalf of client

CBRE Global Investors is paying €55m to acquire Praga Studios, a grade A office building in Czech capital Prague on behalf of a separate account client. The (...)

Office 02/08/2019

Korea's NH, France's L'Étoile buy into La Défense Eqho for €370m - BI sources

Korean investment group NH, represented by Paris private firm L'Étoile Properties, has taken a 49% stake in the La Défense Eqho Tower, paying €370m, according to BI sources. The (...)

Office 01/08/2019

Why is Eurazeo Patrimoine entering the capital of Emerige?

Business Immo: Why is Eurazeo Patrimoine entering the capital of Emerige? Renaud Haberkorn: We are entering the capital of Emerige due to three strong convictions. First of all, the (...)

Office 01/08/2019

Allianz acquires 22,500 sqm Hamburg HafenCity office project from EDGE

Munich-based Allianz Real Estate has acquired from smart-tech developer EDGE a Hamburg HafenCity office project aimed to deliver 22,500 sqm GLA. The companies, in separate releases, (...)

Office 29/07/2019

Historic Grand Marnier Paris HQ acquired for €70m - BI sources

The historic Paris headquarters of Grand Marnier liqueur makers, 91 boulevard Haussmann, is to be acquired for €70m by Colliers' investment management arm, BI (...)

Office 29/07/2019

German Union Investment's CRE lettings surge 80% - €96m net rent

Germany's Union Investment boosted total lettings across all global commercial real estate by 80% in the first half compared to 1H18, representing annual net (...)

Office 24/07/2019

France's Icade adds office in Paris-Gennevilliers at €123m value

French REIT/SIIC Icade has signed to acquire the Pointe Métro 1 office complex in Gennevilliers, a northwestern Paris suburb, by way of a share deal at an (...)

Office 23/07/2019

French 1H regional office investment rises further to beat record 1H18

After a record 2018, office investment in French regions grew 5%yy in 1H19 to over €1bn, well above the five-year average even without big (...)

Office 23/07/2019

Germany's Diok adds three office assets to take AUM to €150m

German listed Diok RealEstate, specialised in medium-sized office property, has added three office buildings worth around €45m to bring its portfolio up to €150.35m. The firm (...)

Office 19/07/2019

Korea's JR AMC enters CEE with €41m purchase of Budapest office project

Korea's JR AMC, active recently in western Europe, has entered central Europe, paying €41m to acquire Budapest’s Nordic Light Trio office building from developer (...)

Office 19/07/2019

Cofinimmo calls €50m Brussels Souverain/Vorst office sale a milestone

Belgian REIT Cofinimmo, in what its CEO described as a milestone, has signed an agreement to sell the Souverain/Vorst 23-25 office buildings in Brussels for (...)

Office 19/07/2019

Euro office demand to stay above trend after vacancies fall to lowest in 17 years

Office demand in Europe should stay above trend and, coupled with low supply, continue to support rents after vacancies dropped to their lowest in (...)

Office 18/07/2019

NEPI Rockcastle to sell €309m Romania office package to AFI Europe

South Africa-listed NEPI Rockcastle has signed an non-binding LOI with Israel-based AFI Europe to sell its Romanian office portfolio, which has a book value of €309.2m. NEPI (...)

Office 18/07/2019

Singapore's CapitaLand adds 95% of Frankfurt's Airport Center for €252m

Singapore's CapitaLand is paying €251.5m to acquire, from a joint venture it partly owns, a 94.9% interest in Main Airport Center, an office complex at (...)

Office 18/07/2019

Advised by CBRE GI, Italian mgr Fabrica pays €132m for Brussels Mondrian

Advised by CBRE Global Investors, Rome-based manager Fabrica SGR has paid €131.5m for the 20,600 sqm EC-let Mondrian office building in Brussels on behalf of a (...)

Office 17/07/2019

Tristan buys pays €100m for an office portfolio in Lisbon

Tristan Capital Partners, for its core-plus perpetual fund Curzon Capital Partners 5 LL (CCP 5 LL), has acquired an office portfolio of seven buildings (...)

Office 15/07/2019

Sweden's Balder adds in Stockholm, Helsinki, London for €151m

Balder, Sweden's largest listed property group run by founder Erik Selin, is acquiring four properties for SEK1.6bn (€151m) in transactions in Stockholm, Helsinki and London. The (...)

Office 15/07/2019

Germany's KanAm said acquiring state-let Barcelona offices for €100m

Germany's KanAm Grund group has paid around €100m to acquire eight office buildings in Spain's second city Barcelona, all leased to the Catalonian government, local media (...)

Office 11/07/2019

Starwood said front runner at €200m for Madrid airport office complex

US-based Starwood group is reported to be the front runner with a bid of over €200m for the 79,000 sqm Las Mercedes office complex (...)

Office 11/07/2019

Fmr French army staff Paris HQ said sold for €300m to Qatari investor

Part of the former French army headquarters in the 7th district of Paris, has been sold for over €300m to a Qatari investor, thought (...)