LGIM Real Assets sells Birmingham office property for £140m

LGIM Real Assets sells Birmingham office building for £140m

LGIM Real Assets (Legal & General) has sold Birmingham office property 'Priory Court & The Lewis Building' on behalf of its second UK Property...
Suburban office property in Melbourne sold for A$110.9M

Suburban office property in Melbourne sold for A$110.9M

Singapore-based Ascendas Reit has acquired a suburban office property, to be constructed at 254 Wellington Road, in Melbourne, Australia for A$110.9 million (S$104.4...
WeWork plans to file for bankruptcy, WSJ reports

WeWork plans to file for bankruptcy, WSJ reports

Flexible workspace provider WeWork is planning to file for bankruptcy as early as next week, according to the Wall Street Journal report, citing people familiar with...
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)...
Immobel acquires 50% stake in Leeds office campus

Immobel acquires 50% stake in Leeds office campus

Immobel Capital Partners, the investment management business of Belgian developer Immobel Group, has agreed to acquire 50% of the White Rose Park, an office...
European real estate investment

European real estate investment hits lowest H1 level since 2013

Europe's commercial real estate market continues to experience an uneven recovery, with investor confidence repeatedly disrupted by external shocks, according to the latest MSCI...
French investment firm acquires Morgan Stanley office building in Glasgow

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...
City of London approves 38-storey office development at 2 Finsbury Avenue

City of London approves 38-storey office development at 2 Finsbury Avenue

The City of London Corporation has approved a new 38-storey office tower development at 2 Finsbury Avenue, in the Square Mile in 2021. The development...
Derwent London agrees sale of office property in Victoria

Derwent London agrees sale of office property in Victoria

Derwent London has announced it has exchanged contracts for the disposal of Francis House, 11 Francis Street SW1, to a Local Government Pension Scheme...
KanAm's fund divests office building in Barcelona

KanAm’s fund divests office building in Barcelona

KanAm Grund Group’s open-ended real estate fund Leading Cities Invest has sold the Pau Claris office building in Barcelona, Spain. Buyer is Franklin Real...
Griffin Capital Essential Asset REIT sells office building in Simi Valley, California

Griffin Capital Essential Asset REIT sells office building in Simi Valley, California

Company Collects 99% of Contractual Rent During Period Most Impacted by COVID-19 Griffin Capital Essential Asset REIT, Inc. (the “Company”) announced both the sale of...
Eastnine to acquire Warsaw office tower in €300m deal

Eastnine to acquire Warsaw office tower in €300m deal

Eastnine has agreed to acquire The Bridge, a newly completed landmark office tower in Warsaw, from Ghelamco in a transaction based on an underlying...

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