Swiss Life, NBIM to pay €674m for Berlin and Paris office assets
Swiss Life Asset Managers and Norges Bank Investment Management (NBIM), through an investment vehicle, have signed agreements to acquire two landmark office buildings, VoltAir,...
Boston Properties announces lease renewal at 599 Lexington Avenue in New York
Boston Properties, Inc. announced that Shearman & Sterling, a top global elite law firm, signed a new, 20-year lease for 338,000 square feet at 599 Lexington...
Skanska sells office building in Bucharest for €37m
Skanska has agreed the sale of the second phase of its Equilibrium office complex in Bucharest, Romania, for €37 million (approximately SEK 400 million),...
KGAL acquires timber-hybrid office building in Germany
KGAL has acquired a timber-hybrid office building in Wiesbaden, Germany.
The Platinum office building was developed by the Frankfurt-based project developer OFB and offers around...
Mapletree closes maiden US office fund at US$552m
Mapletree Investments has closed its maiden US office fund, Mapletree US Income Commercial Trust (MUSIC) with US$552 million (~S$745.2 million) in total fund equity.
The...
British Land unveils £100m Broadgate Tower revamp
British Land has announced a major revamp of Broadgate Tower, a 34-storey office building within its Broadgate campus in the City of London.
The...
Elite UK REIT acquires five government-leased assets in £31.9m deal
Singapore-listed real estate investment trust Elite UK REIT has entered into conditional agreements to acquire five UK government-leased properties for approximately £31.9 million, alongside a...
CLS Holdings acquires multi-let office building in Munich
CLS announced that it has acquired PURO, a multi-let office building in Munich, for €32.0 million excluding costs.
The purchase price reflects a net...
Landsec acquires London office building for £87m
Landsec has purchased 55 Old Broad Street, a Grade-A office building in the City of London, from PGIM Real Estate for £87m, represents net...
Staff begin move into BBC Wales’ new broadcast centre
Staff members have begun moving into BBC Wales’ new broadcast centre, located in Cardiff Central Square, the major £450 million regeneration scheme which is...
KBS sells building at Class A office complex in San Jose, California
KBS announced today that it has sold a 96,502-square-foot building at District 237, an eight-building, 415,492-square-foot, Class A office/R&D complex in San Jose, California....
Tristan strengthens Paris portfolio with €175m office buy
Tristan Capital Partners‘ CCP 5 LL fund has purchased the iconic Ateliers du Parc office campus in Paris from Deka Immobilien Investment for €175...
