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Global office commercial real estate market news including Class A, Class B, Class C buildings, occupancy, rent, design, office space and prices.

London office tower sells for more than €500m

London office tower sells for more than €500m

Union Investment has purchased the One Braham office tower, the future British Telecom headquarters, in London from developerAldgate Developments for more than €500 million. Union...
WeWork, Softbank fund form JV in Latin America

WeWork, Softbank fund form JV in Latin America

WeWork said Wednesday it has formed a joint venture with SoftBank Latin America Fund to grow its business in Latin America. The joint venture agreement...
KBS sells Class A office complex in New Jersey for $88m

KBS sells Class A office complex in New Jersey for $88m

KBS has sold Woodbridge Corporate Plaza, a six-building Class A office complex in Iselin, New Jersey to Ramapo, New York based Northeast Capital Group...
PG&E to sell San Francisco headquarters complex for $800m

PG&E to sell San Francisco headquarters complex for $800m

PG&E Corporation and Pacific Gas and Electric Company (PG&E) has agreed to sell its San Francisco headquarters complex, which includes 77 Beale Street and...
Hines Global acquires 396,000 sq-ft office building in Washington, D.C

Hines Global acquires 396,000 sq ft office building in Washington, D.C

Hines Global Income Trust, Inc. (Hines Global) has bought 1015 Half Street, a 396,000-square-foot trophy office building in Washington, D.C. Hines Global said 1015 Half...
Macquarie buys equity interest Sydney office building for $A140m

Macquarie buys equity interest in Sydney office building for $A140m

Macquarie Asset Management said it has acquired a 50.1% equity interest in 60 Carrington Street, a prime office building in Sydney, for $A140 million...
SL Green sells office property in Midtown South for $325m

SL Green sells office property in Midtown South for $325m

SL Green Realty Corp. has sold 635-641 Sixth Avenue, an office property in Midtown South, for $325 million. The property is comprised of two adjoined buildings totaling...
Charter Hall invests A$780m in commercial property portfolio

Charter Hall invests A$780m in commercial property portfolio

Charter Hall is acquiring a commercial property portfolio for A$780 million. Charter Hall said the leased portfolio comprise three office and one life science/industrial assets...
Barings sells Grade A office building in Milan

Barings sells Grade A office building in Milan

Barings has sold Corso di Porta Vigentina 9, a Grade A office building in Milan to an Italian  insurance company, part of a French...
Embassy Group partners with proptech VC Pi Labs

Embassy Group partners with proptech VC Pi Labs

Embassy Group, one of India’s largest real estate conglomerates, has made an investment, as a limited partner (LP), in proptech venture capital firm Pi...

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