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European office take-up exceeds pre-crisis levels
office

Demand for prime office space across Europe increased by 17% in 2015 setting a new aggregate record since 1999, according to CBRE.   Significant increases in leasing activity were recorded in ...

Union Investment fund acquires Vattenfall headquarters in Stockholm for €244m (SE)
vattenfall hq

Union Investment has acquired a fully let office property in the Stockholm office submarket of Arenastaden for its open-ended real estate fund Unilmmo: Deutschland. Office space comprises 97% of the ...

Chinese investment into European real estate to continue strong growth in 2016
shanghai

Despite increased domestic volatility and slower economic growth, greater Chinese investment into European commercial real estate reached €8.5bn in 2015, a 22% increase on 2014 according to ...

Delta Real Estate sells two shopping centres to Hyprop and Homestead Funds JV
dc podgorica

Delta Real Estate has sold two Delta City shopping centres in Belgrade, Serbia and Podgorica, Montenegro for a total of €202.7m to a joint venture between South African Hyprop, the ...

Cording takes over property management of the GEWA Tower, near Stuttgart (DE)
gewa tower

Cording Real Estate Group (Cording) has secured the property management mandate for the GEWA Tower at Schorndorfer Strasse 60 in Fellbach near Stuttgart. The building is currently still under ...

Tikehau IM acquires I Petali di Reggio shopping centre for €87m (IT)
i petali

Tikehau IM has acquired the I Petali di Reggio shopping centre located in Reggio Emilia, northern Italy, from CBRE Global Investors.   The centre, opened in 2007, sees approximately 4 million ...

Savills IM's UK Income & Growth Fund completes £47m of transactions
building

Savills Investment Management (Savills IM) has completed £47m (€60.4m) of retail warehouse and industrial transactions as part of the repositioning of its UK Income & Growth Fund (the ...

Warsaw retail market grew by 64,000m² in 2015 (PL)
warsaw

JLL has summarised 2015 on the Warsaw agglomeration's retail market. The Warsaw agglomeration is the biggest retail market in Poland, offering a total of approximately 1.65 million m² of space ...

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