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London remains the world’s most expensive office market (UK)

London’s West End remained the world’s highest-priced office market but Asia continued to dominate the world’s most expensive office locations, accounting for three of the top five markets, acco ...

Kungsleden’s sale of Nordic Modular Group has been completed (SE)

Kungsleden’s divestment of 65% of Nordic Modular Group to Inter IKEA Investments has been completed after approval from the Swedish Competition Authority in accordance with the conditions communicat ...

Orchard Street acquires Trinity Trading Estate, Kent for €37.5 mln (UK)

Orchard Street Investment Management, the specialist commercial property investment manager, has completed the acquisition of Trinity Trading Estate, Sittingbourne, Kent for £29.25 mln (approx. € 3 ...

Cushman & Wakefield advised AXA Real Estate in the sale of Vander Elst office building in Leuven (BE)

Vander Elst is a landmark office building located Colonel Begautlaan, 1 in Leuven and developed by Ghelamco in 2013. The building is part of a greater project called Vaartkom comprising, in addition t ...

Union Investment acquires K2 Dolce, Luxembourg (LU)

A German Fund has sold K2 Dolce, a state-of-the-art office building located rue Borschette 2B-2C in the Kirchberg office district of Luxembourg, to Union Investment. CBRE advised the Seller. The purch ...

British Land sells €326 mln of retail and office property (UK)

British Land has sold a retail and office portfolio in an off-market deal to Legal & General Property for £219.6 mln (approx. €326 mln), ahead of September book value. The portfolio comprises: ...

Skanska acquires new development scheme in Prague (CZ)

Skanska Property Czech Republic has acquired the development scheme known as “FIVE!” in the highly sought after Anděl-Smíchov commercial district (Prague 5), from HOCHTIEF Development Czech Repu ...

Avestus's Enterprise Park Phase 3 under development is fully leased (PL)

Avestus Real Estate, the developer of Enterprise Park office complex in Krakow, has announced that it has leased 100% of office space available in building D. The tenant, a company operating in advanc ...

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