Union Investment invests €340m in Stuttgart office center project
Union Investment has acquired Degerloch Office Center (DOC) 1 and 2, located at Löffelstraße 40 and 34-38 on the southern fringe of Stuttgart city centre, for €340 million.
Union...
KGAL sells Deutsche Telekom HQ on behalf of South Korean investors
KGAL has sold Deutsche Telekom's global headquarters in Bonn on behalf of several South Korean institutional investors.
The company acted both as part owner of the...
Class A office building in California sold to Singaporean REIT
Singapore-listed Manulife US Real Estate Investment Trust (“Manulife US REIT”) has entered into a purchase agreement with 400 Capitol Mall Owner, L.P. (the “Vendor”)...
Boston Properties acquires office property in Midtown South for $300m
Boston Properties (BXP) has agreed to acquire 360 Park Avenue South, a 20 story office property located at the southwest corner of Park Avenue...
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...
Commerz Real buys office complex in Cologne for €60m
Commerz Real has acquired an office complex with a leasable area of approx. 10,900 square metres on the banks of the river Rhine in...
Oxford invests in Philadelphia life science real estate market
Oxford Properties Group and Ensemble/Mosaic, a joint venture between Ensemble Real Estate Investments and Mosaic Development Group, have entered into a strategic partnership to...
LondonMetric sells multi-let industrial portfolio for £46m
LondonMetric Property has sold a portfolio of three multi-let industrial estates for £46 million, which reflects a NIY of 5.8%.
The disposal is slightly...
Hines fund makes first logistics acquisition in Australia
Hines Asia Property Partners (HAPP) fund has made its first investment in Australia with the acquisition of four logistics properties in New South Wales...
Catella fund buys 350 apartments in Finland’s prime residential locations
Catella's German public open-ended real estate fund Catella European Residential (CER) has expanded its portfolio by acquiring 350 apartments across five properties in Finland....
SEGRO buys urban warehouse estate in London for £133m
UK Real Estate Investment Trust (REIT) SEGRO plc has acquired Electra Park, a 13 acre urban warehouse estate in Canning Town, London from Schroders...
AMC plans to reopen movie theatres in Northern California
AMC Entertainment said on Thursday that several AMC locations in Northern California, including San Francisco and the greater Bay Area, would begin operations on...
