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Office news

French Cegereal adds Paris office for €218m, plans €80m cap raise

French REIT/SIIC Cegereal, controlled by US firm Northwood Investors, has paid €218m to buy Passy Kennedy, a 23,615 sqm office in the 16th quarter of (...)

Spain's commercial real estate to stay on growth course - Deutsche Hypo

Spain's positive economy is providing its real estate market with an ongoing tailwind, and office, retail, hotel and logistics are on a growth trajectory (...)

Commerz Real's Frankfurt Omniturm buy said at €700m

Commerzbank's real assets manager Commerz Real has purchased one of Frankfurt's largest and most spectacular office projects, Omniturm, for a price reported to be almost (...)

GEG adds first office for Singapore GIC’s German value-add mandate

The private German Estate Group, which Tuesday announced a €275m Frankfurt tower purchase, has been mandated by Singapore sovereign fund GIC on a value-add (...)

Schroder adds Frankfurt Pollux office tower for reported €230m

London-based Schroder Real Estate has acquired, on behalf of a joint venture, the 35,000 sqm Pollux office tower near Frankfurt's trade fair ground for (...)

European Banking Authority signs on Paris La Défense Europlaza as new HQ

Two years after the UK's Brexit vote which sparked a decision last November to move the European Banking Authority to Paris, the agency has (...)