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Union Investment acquires development of the XYZ Building in Manchester (UK)
xyz building

Union Investment has purchased the development of the XYZ Building in Manchester which is due to complete in August 2016 for its open-ended real estate fund UniInstitutional European Real Estate. ...

Invesco acquires prime central Milan office building (IT)
time building

Invesco Real Estate has acquired the Time Building, a fully renovated office property located in a consolidated office location close to the Porta Nuova district, the new central business district ...

Scarborough forms JV with Metro to develop Sheffield office scheme
sheffield

Scarborough Group International has entered into a 50/50 joint venture agreement with Metro Holdings Limited of Singapore for the development of the next phase of Sheffield DC, Sheaf Street, in ...

London reclaims top spot for best performing European data centre market (UK)
data centre image thumb

London has displaced Amsterdam from the top spot for the most demand for colocation data centre space across Europe in 2015, according to the latest data from CBRE.   London outperformed its ...

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 ...

Helsinki CBD buoys Finnish office market performance (FI)
|© Oleksiy Mark

Offices in the Helsinki CBD performed strongly in 2015 amid a climate of challenging economic conditions and overall market depreciation.   According to new research from KTI, market values of ...

Polish office market saw 1.5 million m² leased in 2015 (PL)
warsaw

International advisory firm JLL has conducted comprehensive analysis of office lease transactions signed over the course of 2015. Poland saw 1.5 million m² of modern office space leased. The ...

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