Asia Pacific prime office markets see uneven recovery: Knight Frank
Global property consultancy firm Knight Frank has released its Asia Pacific Prime Office Rental Index for Q3 2021.
The index saw a 0.3% quarter-on-quarter decrease, and a...
AXA IM Alts signs pre-let with Commerzbank at The Mark in Munich
AXA IM Alts has signed a pre-let agreement with Commerzbank at The Mark, its flagship office development in Munich, Germany.
Commerzbank will be The Mark's...
Teacher Retirement System of Texas buys office property in Austin
Shorenstein Properties has sold the Alpha Building to the Teacher Retirement System of Texas (TRS). Terms of the transaction were not disclosed.
The Alpha Building is located north...
Legal & General’s fund makes five acquisitions totalling £150m
Legal & General's (LGIM Real Assets) Managed Fund has expanded its portfolio to £3.8 billion with the acquisition of five prime assets across offices,...
Welput secures £400m financing for Victoria office scheme
Welput, the specialist central London office fund managed by BentallGreenOak(BGO), has secured a £400m development finance facility to fund the construction of the UK's...
LPC partners with DivcoWest to develop office tower in Austin
Lincoln Property Company(LPC) and co-developer Phoenix Property Company have partnered with DivcoWest to develop The Republic, an 833,000 sq. ft. office tower in downtown Austin.
The partners have secured the building's...
Icade sells Paris office building for €219m
Icade has completed the sale of the Gambetta building in the 20th district of Paris to Primonial REIM France for €219 million.
Refurbished in 2019,...
Google to buy Thompson Center in Chicago’s Loop
Google on Tuesday announced it intends to buy the iconic James R. Thompson Center building in Chicago’s Loop.
Google plans to convert the Thompson...
Peakside sells former telecommunications office in Hamburg
Values Real Estate has acquired the former telecommunications office in Hamburg-Rotherbaum for an investment fund of the Bavarian Supply Chamber (BVK) from the investment...
HIH Invest adds Freiburg office asset to portfolio
HIH Invest Real Estate (HIH Invest) has purchased the Milestone 5c office project in downtown Freiburg from the developer Strabag Real Estate.
A six-storey office...
Savills IM acquires office building in Dresden, Germany
Savills Investment Management has acquired an office building in Dresden, Germany, on behalf of a Club Deal Fund for three German insurance companies.
Newly...
Genesta sells office property in central Stockholm
Genesta has sold the office property Svea Artilleri in central Stockholm on behalf of its fund GNRE Fund II.
The approximately 13,300 square meter...
