Business Immo, the real estate website

Office news

Internet giant Google to add 41,000 sqm in Munich after Postpalast buy

US internet giant Google, massively expanding its Munich presence around data protection, has added the site of the Postpalast where it aims to develop office space. Around (...)

Listed CEE office investor Globalworth adds Poland office projects for €185m

Listed CEE office investor Globalworth has signed to purchase two office developments in Poland, in Warsaw and Krakow, for a maximum price of €185m. Chmielna 89 is a (...)

Euro 1H property investment down 16% as prices drag on volumes

Total European property investment dipped 16% in 1H19 to €111bn, 2% below the long-term average as prices become a drag on activities, says adviser (...)

Commerz Real, Wertgrund add Munich resi on way to €2bn Hausinvest goal

Germany's Commerz Real and Wertgrund have made their third housing purchase on the way to the targeted €2bn of resi out of the total €15bn in (...)

German prime office prices surge to 3.9%qq in third quarter

Prices of office properties in Germany's five largest cities surged by 3.9%qq in third quarter, nearly quadrupling the velocity of 2Q19, according to JLL's (...)

Paris-La Défense office complex ‘In Défense’ said sold to Swiss Life AM

Swiss Life AM is once again showing appetite for Europe's leading business district, Paris La Défense, with the In Défense building now sold by (...)