DIC Asset pays €267m for office portfolio in Cologne
Germany-listed commercial real estate company DIC Asset AG has acquired a portfolio of three office properties in Cologne from TPG Real Estate for €267 million,...
City Office REIT buys property in downtown Phoenix for $150m
City Office REIT has acquired Block 23, a premier office building in downtown Phoenix, Arizona, for $150 million. The 307,000 square foot property is an...
SL Green sells 25 percent interest in One Madison Avenue
SL Green Realty has sold a 25 percent interest in One Madison Avenue to an international investor. The buyer has committed aggregate equity to...
Bloomberg signs expansion lease at SL Green’s 919 Third Avenue
Media giant Bloomberg has signed a 191,207 square foot expansion lease at 919 Third Avenue covering the entire 28th through 33rd floors. This expansion increases Bloomberg’s...
Charter Hall, GIC buy office building in Canberra, Australia for A$335m
Australian property group Charter Hall and Singapore’s sovereign wealth fund GIC have formed a joint venture to acquire the 50 Marcus Clarke office building in...
CICT to acquire two Grade A office buildings in Sydney for A$330.7m
Singapore-listed CapitaLand Integrated Commercial Trust (CICT) is acquiring two Grade A office buildings, 66 Goulburn Street and 100 Arthur Street, located in the central...
Union Investment sells office property in Vienna
Union Investment has sold an office property located at Dresdner Straße 82 in Vienna to Quadoro Investment GmbH. The parties agreed not to disclose...
ViacomCBS to sell CBS Studio Center for $1.85bn
ViacomCBS Inc. has agreed to sell CBS Studio Center and its associated operating business to a partnership formed by Hackman Capital Partners, LLC and...
Europe’s top cities for office investments
London is ranked first among Europe's top cities in terms of office sector investment opportunities, according to Allianz Real Estate Cities That Work 2021...
AXA IM Alts signs pre-let with Commerzbank at The Mark in Munich
AXA IM Alts has signed a pre-let agreement with Commerzbank at The Mark, its flagship office development in Munich, Germany. Commerzbank will be The Mark's...