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Ivanhoé Cambridge sells office properties to Genica for €1.24 bln (FR)

Ivanhoé Cambridge announced today two agreements concerning the property company Gecina. The agreement regards of the sale of two Paris office properties to Genica for about €1.24 bln. The t ...

Kungsleden acquires office property north of Stockholm (SE)

Kungsleden strengthens its position north of Stockholm by acquiring the property Terminalen 2. The property has a leasable area of over 15,000 m² and the sales price is approx. €30.6 mln. Following ...

Summit Germany acquires offices worth €55 mln (DE)

Summit Germany Limited, the AIM-listed German commercial property investment company, announced that it has engaged in an agreement to acquire a complex of office buildings in Stuttgart, at a total pu ...

AXA Real Estate acquires Twenty 8 office building in prime location in Munich (DE)

AXA Real Estate Investment Managers announces that it has completed, on behalf of one of its managed funds, the acquisition of Twenty 8 office building in the city center of Munich from Deka Immobilie ...

Patron Capital and Suprema acquire Berlin office property from GE Real Estate (DE)

Patron Capital has acquired a 550,000 ft² (51,096 m²) office complex in Berlin’s Charlottenburg from GE Real Estate for an undisclosed sum. Patron has purchased the property as a redevelopm ...

European office market vacancy rates drops to lowest level in seven years (EU)

According to international real estate advisor Savills the average vacancy rate for the European office market was 9.37% in Q1 2015, which is the lowest level recorded since 2009. The firm predicts v ...

Castellum starts €23 mln office project in Gothenburg (SE)

Castellum AB has, through its wholly owned subsidiary Eklandia Fastighets AB, started a new construction of a high quality office building "Blenda" in the middle of the international engineering clust ...

pbb finances €58 mln for construction of new office in Wiesbaden (DE)

pbb Deutsche Pfandbriefbank has provided IFM Immobilien Group with financing of €58 mln for construction on an area of land known as Kureck in Wiesbaden. In the first phase of the project ...

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