WeWork slashes rent costs by $8bn, aims for May Chapter 11 exit
WeWork, the global workspace provider, announced significant progress in its real estate and financial restructuring efforts, positioning itself for emergence from Chapter 11 in...
Feldberg acquires £75m property for London green workspace fund
Feldberg Capital has announced the purchase of 21-25 Bedford Street, Covent Garden in London WC2 for £75m for its brown to green workplace fund,...
Picton divests London office asset for £29.6m
UK-based REIT company Picton has announced the sale of its second-largest office asset, Angel Gate located in London's EC1 district. The sale agreement is...
Keppel REIT to buy 50% interest in Sydney CBD office building for A$364m
Keppel REIT has entered into an agreement to acquire a 50% interest in 255 George Street, a Grade A office building in Sydney's central...
Publity sells Sky Deutschland headquarters near Munich
Publity AG, acting as an asset manager, has completed the sale of the main building occupied by media group Sky Deutschland in Unterföhring, near...
Stockholm office building sells for €62m
Union Investment has completed the profitable sale of the renowned Stockholm office building, Sthlm Hub, also known as Uggleborg 14, to Swedish property investor...
Helical divests Farringdon office building for £43.5m
Helical plc has sold 25 Charterhouse Square, a Grade A office building in London, EC1, to Ares Management's real estate fund for £43.5 million. The...
Invel buys office property for residential conversion in Rome
Invel, a private equity real estate firm specializing in Southern Europe, has purchased a multi-family residential conversion asset in Rome, Italy. Situated in a...
Empira Group secures major tenant for Munich office complex
Empira Group has secured insurance company die Bayerische as a long-term tenant for 11,550 square metres of commercial space in the office complex The...
British Land and Royal London form joint venture for 1 Triton Square
British Land and Royal London Asset Management have formed a new 50:50 joint venture (JV) to transform 1 Triton Square into a state-of-the-art science...
