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Union Investment divests office building in Hanover

Union Investment divests office building in Hanover

Union Investment has divested a commercial and office building at Otto-Brenner-Strasse 9 in Hanover, Germany. The building, which was built in 1974 and modernised in...
London Square completes acquisition of Westminster Tower 

London Square completes acquisition of Westminster Tower 

Residential and mixed-use developer London Square has completed the acquisition of Westminster Tower on Albert Embankment next to the Thames and across the river from the...
Joint venture secures refinancing for 280 Bishopsgate in London

Joint venture secures refinancing for 280 Bishopsgate in London

CBRE Investment Management and King Street Real Estate, in partnership with Arax Properties, have secured refinancing of 280 Bishopsgate, the Grade-A sustainable wellness focused...
Commerz Real sells office building in London

Commerz Real sells office building in London

Commerz Real has divested the fully let Paternoster Square office and commercial building in London. The company sold the property as part of the portfolio...
London’s office market attracting investors again, says Real IS research

London’s office market attracting investors again, research shows

The demand for space is currently growing faster than expected on London's office real estate market and rents are going up, despite the fact...

LondonMetric divests two office assets in Scotland for £37m

LondonMetric Property has agreed to sell two office assets in Scotland to a single buyer for £36.6 million, reflecting a blended NIY of 7.0%. The sales are former...
WeWork's reorganization plan confirmed, set to emerge from bankruptcy 

WeWork’s reorganization plan confirmed, set to emerge from bankruptcy 

WeWork announced today that the United States Bankruptcy Court for the District of New Jersey has confirmed its Plan of Reorganization, marking the final...
AXA IM Alts completes Altiplano office development in Paris La Défense

AXA IM Alts completes Altiplano office development in Paris La Défense

AXA IM Alts has completed its Altiplano office development in La Défense, Paris. The sustainable, high-quality and amenity-rich building will deliver 57,000 sqm of office space, developed...

GPE acquires West End property in swap deal

Great Portland Estates (GPE) has signed a property swap agreement with the City of London Corporation (CLC). Under this agreement, GPE will acquire the long...
Birmingham prime office rents to rise 13% by 2028, says Savills

Birmingham prime office rents to rise 13% by 2028, predicts Savills

According to Savills research, office take-up in Birmingham reached 203,385 sq. ft in Q1 2024, a 32% increase on Q1 2023, and up 11%...
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