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Union Investment acquires new office building First Rotterdam for institutional fund (NL)
first rotterdam

Union Investment has reinvested some of the proceeds from the Aqua portfolio sale in Rotterdam on behalf of its institutional real estate fund UniInstitutional Real Estate. After selling the Las ...

Scarcity of high quality office space in central Madrid drives occupiers to city’s periphery (ES)
madrid

During the first quarter of 2016 almost 60% of Madrid’s office take up and more than 50% of deals took place outside the M-30 ring-road. According to Savills, this is due to the shortage of ...

Benson Elliot trades €200 million of prime offices in Barcelona (ES)
barcelona

Benson Elliot has agreed the sale of Parc Glories, its landmark office development in the Diagonal-Glories sub-market of Barcelona, to listed Spanish property company Inmobiliaria Colonial.  ...

Rockspring acquires Brussels office building in Quartier Leopold (BE)
cortenbergh

Rockspring Property Investment Managers LLP has acquired an office asset, Cortenbergh 71, in Brussels. The asset was acquired through a liquidation procedure, with the consensus of ...

AXA IM - Real Assets completes acquisition office development site next to Paris-La-Défense (FR)
paris

AXA Investment Managers - Real Assets has completed the acquisition of Tour Norma, a development site in Puteaux, next to La Défense business district in Paris, France, on behalf of one of its ...

TRIUVA acquires MEANDRIS in Frankfurt's Europaviertel district (DE)
meandris building thumb

TRIUVA has bought the MEANDRIS office building at Europa-Allee 48-54 in Frankfurt am Main from STRABAG Real Estate in the context of an off-market transaction. The total investment is around ...

CBRE Global Investors acquires IZD Tower in Vienna (AT)
izd tower

CBRE Global Investors has acquired the IZD Tower in Vienna on behalf of Korean separate account clients in the largest deal seen in Austria for two years. The seller was a German fund managed by ...

HB Reavis acquires Budapest development site (HU)
hb reavis budapest

HB Reavis has acquired the BEM Palace in Budapest from Europa Property Fund. Located in the heart of Buda, BEM Palace is the company’s third development site purchased in the Hungarian market ...

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