Derwent London to sell 40 Chancery Lane for £121m
Derwent London has gareed to sell its long leasehold interest in 40 Chancery Lane WC2 to Deka Immobilien for £121.3 million.
The 103,700 sq...
Singapore’s Frasers Property buys UK business park for £135m
Singapore-listed Frasers Property has acquired Lakeshore, Bedfont Lakes Business Park in West London,UK from Evans Randall Investors for £135 million.
The property is 541,886 square feet...
Singapore’s CapitaLand buys business park in UK for £129m
CapitaLand, one of Asia’s largest diversified real estate groups, headquartered and listed in Singapore, has signed an agreement to acquire Arlington Business Park, a...
SoftBank Group announces end of WeWork tender offer because closing conditions not met
SoftBank Group Corp. (SoftBank) today announced that, in accordance with the terms of its October 2019 Master Transaction Agreement (MTA) with The We Company...
Deka acquires office tower project in Vienna
German real estate investor Deka Immobilien Investment GmbH has acquired the Austro Tower, an office tower project in Vienna, from real estate developer Soravia. The...
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...
