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Office news

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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

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