Diok RealEstate expands its German office portfolio
Diok RealEstate expands its German office portfolio

Diok RealEstate has acquired two fully-occupied office buildings in Aachen and Wurselen, Germany. The office scheme in Aachen is the “Engineering Park Aachen” (EPA) which extends over ...

Hines acquires landmark office building in Athens (GR)
hines office athens

Hines, has acquired one of the most prestigious office buildings in the centre of Athens. Located at 23 Vasilissis Sofias Avenue, the 2,500m² super-prime building is within 400 metres of the ...

57 Flex space centres currently operate in Prague, with a 67% expected increase this year
57 Flex space centres with a total area of 47,300 sqm operate in Prague. We expect a 67% increase this year.

According to JLL, there are already 57 centres in Prague that offer flex space. There are 37 providers in the city area and most centres can be found in Prague 1. On average, the price of a fixed ...

Strabag acquires iconic office tower in Warsaw (PL)
Iconic office tower in Warsaw changes the owner (PL)

Patrizia Immobilien AG has finalized the sale of its Atrium International office building on Jana Pawła II Avenue in Warsaw to Strabag Real Estate. The property offers a leasing area of over ...

Mitsubishi Estate breaks ground on City of London tower (GB)
Mitsubishi Estate breaks ground on London office tower (GB)

Mitsubishi Estate London has broken ground on its City of London tower development at 8 Bishopsgate. When complete the corner site will house a 50-storey tower, with its distinctive design providing ...

Union Investment acquires a historic office property in Paris (FR)
Union Investment acquires a historic office property in Paris (FR)

Union Investment, acting on behalf of open-ended real estate fund Unilmmo: Deutschland, has acquired a prestigious building at 40 Rue du Louvre in Paris from Oreima. Built in 1855, the ...

Moscow City office vacancy rate to stay at 7-9% (RU)
Moscow City office vacancy rate to stay at 7-9% (RU)

According to JLL, the high demand for offices, including government sector, has led to a reduction of the vacancy rate by two thirds during 2016-2018, to 7.3%. Although the announced completions in ...

AEW acquires Berlin office property (DE)
AEW acquires Berlin office property (DE)

AEW, acting on behalf of the City Office Germany Fund, has acquired “B5”, an office-led building in the Wilmersdorf district of central Berlin’s City West area. Following ...