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Union Investment acquires Midtown21 office building for €294.2m in Seattle (US)
Midtown21

Union Investment has acquired the Class A Midtown21 office building in Seattle. The impressive 21-storey property offers around 35,000 m² of rental space and was completed in 2016. It is located ...

UKCPT acquires 61,638 ft² Sheffield office for €22.7m (GB)
Hartshead House Sheffield

UK Commercial Property Trust Limited, which is advised by Standard Life Investments and owns a diversified portfolio of high quality income producing UK commercial property, has acquired a single ...

CLS acquires portfolio of twelve properties for €152.2m in Germany
Markstraße 2 Witten

CLS announces that it has exchanged contracts to acquire a portfolio of twelve properties in Germany from Züblin Immobilien, a Swiss-listed property group, for a gross asset value of ...

NCC to build 644 apartments in Senapsfabriken (SE)
NCC Senapsfabriken

NCC has been commissioned to construct an additional 644 apartments in central Uppsala for Magnolia Bostad. The construction assignment marks the second phase of the Senapsfabriken property block. ...

AXA IM Real Assets acquires Area Sur in Jerez (ES)
Area sur

AXA IM - Real Assets, a global leader in real asset investments and the leading real estate portfolio and asset manager in Europe, announces that it has completed the acquisition, on behalf of ...

Prime office yields in Europe’s principal CBDs reach record low in Q1
Paris La Défense

According to international real estate advisor Savills, the average yield in Europe’s prime CBD office market dropped for the first time on record to just below 4% in the first quarter of ...

AXA IM acquires mixed-use development in Wiesbaden (DE)
AXA IM

AXA IM - Real Assets has agreed the acquisition, on behalf of its clients, of a c. 4,320 m² core mixed-use development in the prime location of Wiesbaden, Germany. The developer is FGI ...

TLG Immobilien AG rents out c.1,800 m² of retail space in Dresden (DE)
LG Prager Strasse 4 DD

TLG Immobilien AG has successfully rented out 1,800 m² of retail space at Prager Strasse 4 in Dresden. The commercial building is therefore fully occupied again. Following the departure of two ...

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    Prague's flexible workspace market posts strongest five-year run on record, ...
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