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Union Investment acquires new office building First Rotterdam for institutional fund (NL)
first rotterdam

Union Investment has reinvested some of the proceeds from the Aqua portfolio sale in Rotterdam on behalf of its institutional real estate fund UniInstitutional Real Estate. After selling the Las ...

Scarcity of high quality office space in central Madrid drives occupiers to city’s periphery (ES)
madrid

During the first quarter of 2016 almost 60% of Madrid’s office take up and more than 50% of deals took place outside the M-30 ring-road. According to Savills, this is due to the shortage of ...

Benson Elliot trades €200 million of prime offices in Barcelona (ES)
barcelona

Benson Elliot has agreed the sale of Parc Glories, its landmark office development in the Diagonal-Glories sub-market of Barcelona, to listed Spanish property company Inmobiliaria Colonial.  ...

ULI announces real estate development finalists in 2016 Global Awards for Excellence
people

Twenty-six extraordinary developments from around the globe have been selected as finalists in the Urban Land Institute’s (ULI) 2016 Global Awards for Excellence competition, widely recognised ...

LondonMetric to develop Crawley distribution warehousing (UK)
distribution warehousing

LondonMetric Property Plc has purchased a 4 acre site in Crawley to develop approximately 100,000ft² (9,290m²) of prime distribution space at a cost of approximately £20m ...

LaSalle makes first acquisition in Prague for ERAFP (CZ)
prague

LaSalle Investment Management has made its first acquisition in the Czech Republic on behalf of the French public service additional pension scheme “ERAFP”. It has purchased buildings ...

Rockspring acquires Brussels office building in Quartier Leopold (BE)
cortenbergh

Rockspring Property Investment Managers LLP has acquired an office asset, Cortenbergh 71, in Brussels. The asset was acquired through a liquidation procedure, with the consensus of ...

Hungarian commercial property continues to lead CEE markets performance (HU)
budapest

According to the latest RICS Commercial Property Monitor, occupier and investment sentiment continues to be broadly positive in Central and Eastern Europe for Q1 2016. Sentiment in both the Occupier ...

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