Tuesday, October 26, 2021

Office

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

DIC Asset acquires office property in Bonn for €95.2m

DIC Asset acquires office property in Bonn for €95.2m

DIC Asset AG has purchased the Bonnanova office property in Bonn for €95.2 million for its open-ended special fund GEG Public Infrastructure II. The company...
Henderson Park buys 100 Leman Street in London for £60m

Henderson Park buys 100 Leman Street in London for £60m

Henderson Park, the private equity real estate firm headquartered in London, has acquired 100 Leman Street from abdrn for £60 million on behalf of...
IREIT Global buys Grade A office building in Barcelona

IREIT Global buys Grade A office building in Barcelona

Singapore-listed real estate investment trust IREIT Global has acquired an office building known as “Parc Cugat” located in Sant Cugat del Vallès, Barcelona, Spain...
Mapletree closes maiden US office fund at US$552m

Mapletree closes maiden US office fund at US$552m

Mapletree Investments has closed its maiden US office fund, Mapletree US Income Commercial Trust (MUSIC) with US$552 million (~S$745.2 million) in total fund equity. The...
JBG Smith, Landmark Partners sell office property in Washington DC for $167m

JBG Smith, Landmark Partners sell office property in Washington DC for $167m

JBG Smith and Landmark Partners, an Ares Company, have sold 500 L'Enfant Plaza, a 215,000-square-foot office building in Washington DC, to German real estate manager...
Corestate buys office campus project in Stuttgart for €160m

Corestate buys office campus project in Stuttgart for €160m

Corestate has acquired the Vision One office campus, a new construction project in the Stuttgart metropolitan region (Leinfelden-Echterdingen), for a closed-end special AIF, for...
Hines, NPS JV plans $2.5bn project in San Francisco

Hines, NPS JV plans $2.5bn project in San Francisco

Hines and the National Pension Service of Korea (NPS), a South Korean pension fund, have acquired the historic Pacific Gas & Electric Company (PG&E)...
Google to purchase St. John’s Terminal in Manhattan for $2.1bn

Google to purchase St. John’s Terminal in Manhattan for $2.1bn

Google announced Tuesday it intends to purchase the St. John’s Terminal in Manhattan for $2.1 billion, which will serve as the anchor of its...
Workspace sells prime office property in London for £92m

Workspace sells prime office property in London for £92m

Workspace Group has agreed to sell 13-17 Fitzroy Street, a prime office property in Fitzrovia, London for £92 million. Workspace said the sale...
Hines sells West London office asset to joint venture

Hines sells West London office asset to joint venture

Hines has sold a c. 20,000 sq ft office building in prime Central London, its first London asset, on behalf of Hines European Core Fund...

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