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Office 28/06/2019

GEG German Estate acquires Frankfurt's Palazzo Fiorentino for €50m

GEG German Estate Group, in the process of being merged into Frankfurt's listed DIC Asset, has purchased the 11,000 sqm Palazzo Fiorentino in Frankfurt (...)

Office 28/06/2019

Hines pays €450m for Paris La Défense CBX tower on behalf of Korean club

Global real estate investment manager Hines has paid nearly €450m for the CBX office tower in Paris La Défense on behalf of a Korean (...)

Office 27/06/2019

Invesco wins Frankfurt's Welle office complex, paying seller AXA IMRA €620m

In one of the most eagerly awaited and biggest deals in Germany, US manager Invesco has won the bidding for Frankfurt's Welle office complex, (...)

Office 27/06/2019

Frankfurt's Cording confirms €225m Berlin Carrée Seestrasse purchase for client

Frankfurt's Cording Real Estate, part of Edmond de Rothschild Real Estate, has confirmed it advised on the acquisition of Berlin's Carrée Seestrasse for €225m on behalf (...)

Office 26/06/2019

Germany faces growing office shortage as building fails to keep pace - study

With nationwide office vacancy at 4.1%, Germany faces a growing space shortage that cannot be met by current building activity, says a new study. The (...)

Office 26/06/2019

Engwall's Nyfosa acquires Swedish office portfolio for €149m

Stockholm's Nyfosa, spun out of listed Hemfosa in autumn by 'serial' property entrepreneur Jens Engwall, is acquiring 21 office assets in southern Sweden for (...)

Office 26/06/2019

Bahrain's Investcorp adds in Hamburg for €85m to take Euro AUM to €500m

Bahrain alternatives' manager Investcorp has reached €500m in European real estate with the acquisition of Hamburg's multi-let office and light industrial Airport Centre for €85m. The acquisition (...)

Office 24/06/2019

Italy's Generali, Poste Vita add Berlin Westlight project for reported €200m

As part of their new €400m European real estate joint venture, Italian insurers Generali and Poste Vita are acquiring the Westlight Berlin office project (...)

Office 24/06/2019

Korea's Mirae said selling Frankfurt office after two years for €120m gain

Mirae, one of the Korean investors recently assembling large European portfolios, is selling a Frankfurt office building after two years at a profit said (...)

Office 19/06/2019

Summit's listed Deutsche Real Estate sells Berlin office for €225m

Deutsche Real Estate, controlled by AIM-listed Summit Properties, has sold the Carrée Seestrasse office building in Berlin on the former Osram lamp factory location for €225m. DRE, a (...)

Office 19/06/2019

Korea's Samsung Securities was buyer in €691m acquisition of Paris Crystal Park

Paris-based manager La Française has announced that Korea's Samsung Securities was the buyer in the recent €691m acquisition of the Crystal Park office building (...)

Office 18/06/2019

France earmarks €450m for digital co-working 'third spaces'

France is to deploy up to €450m to promote and create co-working 'third spaces' which will support remote working and boost digital expertise, particularly (...)

Office 18/06/2019

Signal Iduna's Hansainvest pays €135m for office project in Helsinki

Hamburg's Hansainvest Real Assets, fund management unit of insurer Signal Idun​​​​​​​a, has paid €135m for an office property in Helsinki developed and sold by Sweden's Skanska. The (...)

Office 17/06/2019

Augsburg's Patrizia sells four office/resi assets in Copenhagen for €50m

Augsburg-based Patrizia has sold four mixed-use office and residential properties in Copenhagen for €50m for its Patrizia Nordics Cities Fund to Danish listed group Jeudan. The (...)

Office 17/06/2019

Aberdeen Standard pays €98m for Barcelona tower as fund passes €1bn AUM

UK-based Aberdeen Standard has paid €98m for Torre Auditori in Barcelona, the largest asset to date in its Aberdeen European Balanced Property Fund which also passed (...)

Office 13/06/2019

UK's Catalyst pays €100m for office buildings in Toulouse, let to Airbus

UK-based investment manager Catalyst Capital is paying €100m to acquire four office buildings in the southern French city of Toulouse, all let to European aeroplane-maker (...)

Office 12/06/2019

London's Valesco, Korea's AIP pay €120m for Bratislava tower at 5.7%

London's private Valesco Group acting with Korean manager AIP have paid developer HB Reavis €120m for the new Twin City Tower in Slovakian capital Bratislava at (...)

Office 11/06/2019

"Léon Grosse Immobilier wants to be a real estate developer"

Business Immo: What does Léon Grosse Immobilier represent in 2019? Barbara Koreniouguine: I joined Léon Grosse Immobilier in March 2018 with a dual objective. On the (...)

Office 11/06/2019

Nuveen pays €126m for Amsterdam estate on behalf of Cityhold Office

Nuveen Real Estate has paid some €126m for the Golden Bend (Gouden Bocht) prime office-led heritage estate in Amsterdam for its Cityhold Office Partnership. The estate (...)

Office 07/06/2019

Italy's BNP Paribas REIM sells two Milan office towers for €83m to Kryalos

Italy's BNP Paribas REIM SGR has sold two Milan office towers offering 16,000 sqm GLA to Kryalos SGR for €83m as part of the wind-down (...)