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DTZ Investors sells freehold interest of 124 Theobalds Road, London (UK)
124 theobalds road

DTZ Investors have sold the freehold interest of 124 Theobalds Road, London for a price of £65.75m (€81.65m) to Esas Properties.   124 Theobalds Road comprises 81,110ft² ...

Union Investment and Investa Immobiliengruppe set up fund focused on pioneering campus properties (DE)
office

Union Investment and Investa Capital Management (ICM) have agreed to work closely together on designing and launching innovative real estate solutions for institutional investors. The first fund ...

Mitsubishi Estate London to partner with L&G in £275m Hammersmith office scheme (UK)
hammersmith

Legal & General Property, on behalf of its managed fund, has sold a 50% stake to Mitsubishi Estate London, in its proposed 250,000ft² (23,226m²) office scheme at 245 Hammersmith Road, ...

Piotrkowska 155 receives building permit (PL)
warsaw

Piotrkowska 155, the commercial complex integrated with a Hampton by Hilton hotel, has just received its final building permit. This will be the city’s highest office building at 76m high with ...

Large FMCG occupiers in Russia preferring leased offices over purchased premises (RU)
office

Fast-moving consumer goods (FMCG) producers in Russia such as Nestle, Johnson & Johnson, Procter & Gamble, PepsiCo and Coca-Cola prefer to lease rather than purchase office premises, ...

Occupancy costs increase 2.4% year-over-year worldwide
office

Hong Kong has become the world’s highest-priced office market and Asia continued to top the list of the world’s most expensive office locations, accounting for four of the top five ...

Ballymore instructs Savills and GBR Phoenix beard at Three Snowhill in Birmingham (UK)
birmingham

Ballymore has instructed Savills and GBR Phoenix Beard as joint letting agents for the office element of Three Snowhill, Birmingham. The circa £200m (€253.6m) scheme is the largest ever ...

KGAL acquires Eiffel Square Office Buidling in Budapest (HU)
eiffel square office building

KGAL has purchased the Eiffel Square Office Building in Budapest, adding a prime asset in Hungary to its property portfolio. The purchase of the building from UK fund manager Europa Capital signals ...

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