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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.

Prime European office rents rise by average 5.5% YoY in Q3

Prime European office rents rise by average 5.5% YoY in Q3

European office take-up reached 2.1m sq m during Q3, in line with the five-year Q3 average, following a slowdown against the previous quarter, according...
Real I.S. signs green lease deal with Australian government

Real I.S. signs green lease deal with Australian government

Real I.S. Australia and the Commonwealth of Australia have extended an existing lease on an office building in Melbourne's Central Business District by ten...
BNP Paribas REIM buys 11,500 sqm property in Mannheim

BNP Paribas REIM buys 11,500 sqm property in Mannheim

BNP Paribas Real Estate Investment Management (BNP Paribas REIM) Germany has acquired, on behalf of one of its funds, the Honeycamp Cocrafting property in Mannheim...
Verdion divests UPS headquarters near Prague

Verdion divests UPS headquarters near Prague

Verdion has divested UPS’s Czech headquarters and principal logistics hub, the 13,600 sqm building in Tuchoměřice is located at Václav Havel international airport, Prague. The...
APAC investment in Central London offices stands at £4.8bn year-to-date

Central London office market attracts £4.8bn of APAC capital year to date

According to the BNP Paribas Real Estate analysis, Asia Pacific based capital has been leading inward Central London office investment so far this year...
CA Immo exits Romanian market with office portfolio disposal

CA Immo exits Romanian market with office portfolio disposal

Austrian real estate group CA Immo has exited the Romanian market with the sale of seven office buildings in Bucharest. CA Immo said the sales...
Stoford submits planning application for BBC’s new Birmingham home

Stoford submits planning application for BBC’s new Birmingham home

Commercial property developer Stoford has submitted a planning application for the BBC’s new Birmingham home at the historic Typhoo Building in Digbeth. The corporation will...
HIH Invest adds Freiburg office asset to portfolio

HIH Invest adds Freiburg office asset to portfolio

HIH Invest Real Estate (HIH Invest) has purchased the Milestone 5c office project in downtown Freiburg from the developer Strabag Real Estate.  A six-storey office...
Generali Real Estate acquires office and residential building in Berlin CBD

Generali Real Estate acquires office and residential building in Berlin CBD

Generali Real Estate has completed the acquisition of an historic office and residential building in Berlin, Französische Strasse 53-55, on behalf of a real...
Macquarie pays €119m for Milan office building

Macquarie pays €119m for Milan office building

Macquarie Asset Management has paid €119 million for the 20,600 m2 office building in central Milan through an Italian real estate fund. The investment...

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