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European office vacancy levels fall to four-year low
office

Prime office space across Europe is in short supply with vacancy levels at their lowest since 2012, according to CBRE.   Across 47 European cities, the majority - 69% - are now showing stable or ...

Redefine International exchanges on 16 Grosvenor Street for £35.6m (UK)
16 grosvenor street image thumb

Redefine International has announced that it, jointly with the Aegon UK Property Fund, exchanged contracts on the sale of 16 Grosvenor Street in Mayfair, London for a total of  £35.6m ...

Bouwinvest Office Fund sells 14 assets to Bryant Park Netherlands B.V. (NL)
office

Bouwinvest Real Estate Investment Management’s specialist office real estate fund has sold a portfolio of 14 non-core properties in the Netherlands to an affiliate of MCAP Global Finance (UK) ...

Business services sector needs modern offices
office

Over 70% of companies from the business services sector are planning to expand their office space in the next two years. According to “BPO and Shared Service Centres’ management speak out ...

Tishman Speyer refinances the ‘Lumière’ in largest debt package in French real estate in 2015 (FR)
lumiere image thumb

BNP Paribas and Natixis, acting as Mandated Lead Arrangers and Bookrunners and joined by Allianz, BECM and La Banque Postale, have provided a 10-year loan to a Joint Venture led by Tishman Speyer for ...

Warburg-HIH sells London Friary Court office scheme (UK)
london

Hamburg-based Warburg-HIH Invest Real Estate GmbH (Warburg-HIH Invest) has sold the office scheme Friary Court in London to BCDH Capital Holding FC S.à.r.l. on behalf of the state-owned ...

Swiss Life Asset Managers and CORPUS SIREO acquire Stella-portfolio from DEKA investments (DE)
portfolio building image thumb

Swiss Life Asset Managers have acquired the ‘Stella’ commercial portfolio of DEKA Investments via its German real estate subsidiary CORPUS SIREO in one of the largest German real estate ...

Poland's office market sees record breaking take-up over 2015 (PL)
warsaw

International advisory firm JLL has provided a preliminary summary of Poland's office market in 2015, showing a record-breaking amount of take-up over the year.   Anna Młyniec, head of office ...

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