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M&G Real Estate makes next move into UK big six offices market with €99.4 mln purchase in Glasgow (UK)

M&G Real Estate has acquired a prime office asset, Aurora, in Glasgow, for £72.6 mln (€99.4 mln) from CS EuroReal, reflecting a net initial yield of 6.18%. This off-market transaction was made ...

Axiare aquires two office properties in Madrid for €40.5 mln (ES)

The Socimi Axiare announced the acquisition of two office properties in Madrid for a total of €40.5 mln. This transaction adds 14,362 m² of Gross Lettable Area (GLA) to the Company’s property por ...

Globe Trade Centre S.A. sells Kazimierz Office Center in Krakow for €42 mln (PL)

Globe Trade Centre S.A. (GTC), a leading commercial real estate company has announced the signing of a preliminary sale agreement for the sale of Kazimierz Office Center in Krakow, Poland. GTC ...

Investments into offices dominate Russian market (RU)

Total investment volume in Russian real estate reached $490 mln (approx. €450 mln) in Q1 2015, down 34% compared with Q1 2014, according to JLL analysts. The slowdown in economic growth, l ...

Genesta sold an office property for €54 mln in Stockholm district (SE)

Genesta has divested Hornafjord 1, a 23,000 m² office building situated in Kista, on behalf of its managed fund GNBRE. The property was acquired in December 2007 and had a vacancy rate of more ...

Skanska sold Green Horizon office complex (PL)

Skanska Property Poland has finalized the sale of its Green Horizon office complex in Łódź. The scheme has been acquired by the fund managed by Griffin Real Estate. Cushman & Wakefield, a leadi ...

Rockspring’s Hanover sells Fox Court for €96 mln (DE)

Rockspring Property Investment Managers (“Rockspring”) announces the sale of Fox Court, London WC1 for £70 mln (approx. €96 mln) to Magnus Real Estate, on behalf of the Rockspring Hanover Prope ...

Benson Elliot acquires two Berlin landmarks for €100 mln (DE)

Benson Elliot, the UK-based private equity real estate fund manager, has closed on the acquisition of two office properties in central Berlin from Berliner Volksbank eG. The assets are being acquired ...

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