Hudson Pacific, Blackstone complete of joint venture to expand studio platform
Hudson Pacific Properties and Blackstone announced that funds affiliated with Blackstone Property Partners have completed their previously announced acquisition of a 49% interest in...
Allianz provides £400m financing for London office portfolio
Allianz Real Estate has provided £400 million (€440 million) long-term financing for the portfolio of five prime freehold central London offices. This is Allianz's...
Centric Brands signs lease for 212,154 sq ft at the Empire State Building
Empire State Realty Trust (ESRT) has signed a direct lease with Centric Brands for 212,154 square feet at the Empire State Building (ESB).
The...
Helical agrees to sell three Manchester office assets for £119m
Helical plc has agreed to sell the Powerhouse Portfolio, comprising three Manchester office assets, to real estate funds managed by Pictet Alternative Advisors, S.A....
Covid vaccine injects confidence into London office market
London office market is benefitting from a sharp rebound in activity during the final quarter of 2020 with pent up investor demand released as...
NPS, Allianz acquire 50% stake in OUE Bayfront in Singapore
Allianz Real Estate, on behalf of National Pension Service of Korea (NPS) and Allianz group companies (Allianz), via its AREAP Core I fund has...
CBRE invests $200m in flexible workplace firm Industrious
CBRE Group, Inc. has acquired a 35 percent interest in Industrious, a provider of flexible workplace solutions in the U.S.
CBRE said it is...
Allianz, Codic form JV for office redevelopment in Brussels
Allianz Real Estate and Belgian developer Codic have established a joint venture to redevelop two neighboring assets in Brussels into a single, state-of-the-art office...
Embassy Group partners with proptech VC Pi Labs
Embassy Group, one of India’s largest real estate conglomerates, has made an investment, as a limited partner (LP), in proptech venture capital firm Pi...
Regional REIT sells Leeds office property for £10.65m
Regional REIT has sold an office property, Arena Point, in Leeds for £10.65m, representing a substantial uplift of 15.8% against the 31 December 2020 valuation.
Regional REIT said...
South East office investment hits £1.49bn, highest quarter since 2013
Total investment into commercial offices in Q2 2021 across the South East region (excluding Central London) was £1.49 billion, the highest quarter for investment...
JLL Income Property Trust buys Virginia medical office building for $52m
JLL Income Property Trust has acquired 9101 Stony Point Drive, an 87,000-square-foot, world-class, medical office building in Richmond, Virginia for $52 million.
This recently constructed,...
