pbb and ING provide financing for office property in Amsterdam
pbb and ING have provided EUR 150 million financing to Hana Financial Investment and NH Investment & Securities, Korean Investors, for the acquisition...
Park Tower in Sacramento sold for $165.5m
KBS Assisted in the Acquisition of Park Tower in Sacramento, California; Class A Office Tower for $165.5 Million on Behalf of Prime US REIT
Park...
Stoneweg Europe Stapled Trust sells Rome office asset for €34m
Stoneweg Europe Stapled Trust (SERT) has completed the divestment of its non-core office asset located at Via Amba Aradam in Rome, known as “Maxima”,...
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...
WeWork to close 40 locations in US to reduce costs
Global flexible space provider WeWork Thursday said it plans to exit approximately 40 underperforming locations in the United States.
The closures, comprised of approximately 41,000...
Camden Council approves GPE’s plan for 74,500 sq ft West End HQ scheme
Great Portland Estates plc (GPE) has announced that Camden Council has resolved to grant planning permission for the refurbishment of Whittington House, WC1, subject...
Allianz Real Estate buys prime office building in Budapest
Allianz Real Estate has acquired Eiffel Square, a prime office building located in Budapest's central business district (CBD), in an off-market transaction. The 10-year-old complex...
KKR, Parkway sign lease at Miami office tower
KKR and Parkway Property Investments LLC have signed a long-term lease with Millennium Management for more than 74,000 square feet across three floors at 1111 Brickell,...
Aviva Investors agrees £22.4m forward funding deal for Stirling office property
Aviva Investors has completed a forward funding agreement of £22.4 million for the first office facilities at Kildean Business Park, Stirling, which is currently...
McKay buys office asset in Richmond for £14.75m
McKay Securities Plc has acquired Evergreen Studios, an office asset in central Richmond, for £14.75 million, representing a net initial yield of 5.8%.
The property...
Phoenix Investors buys historic campus in Endicott, New York
Milwaukee-based commercial real estate firm Phoenix Investors has acquired the Huron Campus in Endicott, New York. The purchase price was not disclosed.
The Huron Campus,...
Allianz, Gaw Capital JV to acquire Grade-A office asset in Singapore for S$1.6bn
Allianz Real Estate, acting on behalf of several Allianz companies, and Gaw Capital, representing a sovereign wealth fund separate account, have agreed to acquire...
