Prime office space shortage hampers demand in key European markets
New analysis from Savills has revealed a 17% decline in take-up across 22 European office markets in 2023 compared to pre-pandemic averages.
The scarcity...
Greystar snaps up Stratford build-to-rent site for £20m
Greystar Real Estate Partners has acquired a build-to-rent (BTR) site in Stratford, east London from UK-based developer Lifestory for £20 million.
The Stratford Mill site...
G City sells shopping center in Prague for €232m
Gobal real estate company G City's wholly-owned subsidiary G City Europe has signed a detailed Letter of Intent (LOI) for the sale of the...
Vastned sells prime retail asset in Amsterdam for €100m
European publicly listed retail property company Vastned has sold Rokin Plaza, a prime retail asset located at Kalverstraat 11 – 17 / Rokin 12...
JV to invest €280m in Belgian residential rental market
Bouwinvest Real Estate Investors and CBRE Global Investment Partners (CBRE GIP) have formed a joint venture with Belgian real estate developer ION to invest...
KKR to sell US industrial portfolio to Oxford Properties for $2.2bn
KKR has agreed to sell a 14.5 million square foot infill and light industrial portfolio to global real estate investor Oxford Properties (Oxford) for $2.2 billion....
Patrizia to build £90m BTR scheme in Birmingham
Patrizia announced that it has started construction of a build-to-rent (BTR) scheme, The Residences, in the Edgbaston district of central Birmingham on behalf of one...
Barings buys City of London office building for £130m
Barings has bought a Grade A office building in the City of London, United Kingdom, from a German retail real estate fund managed by...
EG Group to acquire Asda forecourt business for £750m
EG Group has agreed to acquire certain assets of Asda, comprising its petrol filling stations, car washes and ancillary land (Forecourt Business) for £750m.
In...
CBRE IM fund acquires logistics asset in Maryland
CBRE Investment Management, through one of its sponsored funds, has acquired a 716,490-square-foot bulk logistics asset known as North East Gateway. The purchase price...
Trophy office tower in Seattle sells for $625m
Hudson Pacific Properties, Inc. and Canada Pension Plan Investment Board (CPP Investments) have completed their previously announced acquisition of 1918 8th Avenue, a 668,000-square-foot trophy...
Office tower in Orange County sells for $150.5m
Pacific Oak Strategic Opportunity REIT has sold City Tower, a 435,000-square-foot Class A office tower in Orange to Opal Holdings, a New York-based real...
