CLS strikes deal to sell Westminster Tower for £41m
London-based property investment company CLS has agreed to sell Westminster Tower, Albert Embankment for £40.8 million, in-line with its 31 December 2023 valuation.
Completion is...
LondonMetric divests two office assets in Scotland for £37m
LondonMetric Property has agreed to sell two office assets in Scotland to a single buyer for £36.6 million, reflecting a blended NIY of 7.0%.
The sales are former...
Kryalos sells office building in Milan
Kryalos SGR has announced the sale of an office building located in the heart of Milan in Via Principe Amedeo, 3.
The 3,000 sqm property,...
French investment firm acquires Morgan Stanley office building in Glasgow
BNP Paribas Real Estate has announced that French investment firm Iroko Zen has acquired Morgan Stanley office building in Glasgow for more than £50...
Helical divests iconic Power House in Chiswick
Helical has completed the sale of its freehold interest in the Power House, located in Chiswick, London W4, to a private investor syndicate led...
Global prime office rents continue upward trend as demand surges
In the final quarter of 2024, rents for prime office space across the globe saw a slight increase of 0.3%, while fit-out costs rose...
Derwent London reports strong Q1 leasing amid low office supply
Derwent London plc has reported a positive start to 2025, with leasing and asset management activity exceeding expectations, driven by sustained demand for high-quality...
UK office take-up hits highest level since 2022
Office space take-up across the UK reached 20.3 million sq ft in the second quarter of 2025, the highest rolling 12-month total since Q3...
Gecina to acquire €135m office asset in Paris’s Gare de Lyon district
Gecina has entered into a preliminary agreement to acquire a 15,000 sq.m office building in Paris’s Gare de Lyon district for €135 million including...
Entra and Skanska form joint venture to redevelop Oslo city centre asset
Entra ASA has entered into an agreement with Skanska to establish a 50/50 joint venture to redevelop Christian Krohgs gate 2 (CK2) in Oslo...
Helical and Places for London secure £220m loan for Paddington office scheme
Helical plc and Places for London have entered into a £220 million development financing facility with PIMCO Prime Real Estate, acting on behalf of...
Skanska signs lease for new Norwegian headquarters in Oslo
Skanska has signed a ten-year lease agreement for approximately 7,500 square metres of office space at Christian Krohgs gate 2 in Oslo, securing its...
