Hines buys Commerzbank building in Düsseldorf
A joint venture between the international real estate firm Hines and a German pension fund has acquired Königsallee 37(KOE37) building in Düsseldorf from Deutsche...
Europa Capital acquires business center in Budapest
Europa Capital has acquired, in partnership with ConvergenCE, Akadémia Business Center in Budapest, on behalf of its latest value add fund, Europa Fund VI. Located...
CapitaLand raises $950m for three new private funds
CapitaLand Investment (CLI) has secured S$1.3 billion (US$950m) equity commitment from global institutional investors forthree of its private funds, bringing its total equity raised...
WeWork to go public through $9bn SPAC merger
WeWork and BowX Acquisition Corp., a special purpose acquisition company (SPAC), have entered into a definitive merger agreement that will result in WeWork becoming...
Patrizia acquires historic Postbahnhof building in Berlin
Patrizia has acquired the historic Postbahnhof building in Berlin, Germany, in an off-market transaction, which will see it transformed into a vibrant new district,...
Landsec signs new office leases totalling 200,000 sq ft across London
Landsec has signed 11 new lease agreements totalling 200,000 sq ft across its London office portfolio. Since September 2021, Landsec has signed four new leases...
Swiss Life Asset Managers to buy Paris office portfolio valued at €1.7 billion
Swiss Life Asset Managers has signed a Memorandum of Understanding with Terreis to buy a Paris CBD prime office portfolio valued at EUR 1.7...
Union Investment sells office building in Zurich for €223m
Union Investment has sold the West-Park office building in Zurich to PSP Real Estate AG, a subsidiary of PSP Swiss Property AG, on behalf of open-ended real estate fund UniImmo:...
SL Green announces sale of 521 Fifth Avenue for $381 million
A joint venture between SL Green Realty Corp, New York City’s largest office landlord and an institutional investment partner, entered into an agreement to...
Commerz Real sells office property in Montrouge, France
Commerz Real has sold the office property Cap Sud in Montrouge near Paris to a fund managed by Credit Suisse Asset Management. To date...