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Cordea Savills buys IBM headquarters in London for £120 million from Amsprop (UK)

Cordea Savills, the international property investment manager, has purchased the IBM Building, Upper Ground in London SE1 for £120 million (approx. €143 million) on behalf of a private family offic ...

AXA Real Estate starts construction of new unique office campus in Paris (FR)

AXA Real Estate announced that it has commenced construction of the first phase of a major new 86,000 m² office development in Paris. The project is being undertaken on behalf of Development Venture ...

South Korean NPS and Hines purchase Siemens-Forum in Munich for €160 million (DE)

According to reports on the German press, Siemens-Forum in Munich, built by New York architect Richard Meier and located at the Oskar-von-Miller-Ring has changed hands. For the first time in hist ...

CLS Acquires 34 UK properties for £118.6 million (UK)

CLS confirms that it has acquired a UK-wide portfolio of 34 primarily UK Government-occupied properties for £118.6 million (approx. €141.6 million), excluding costs of £5.3 million. The purchase o ...

Benson Elliot accelerates the pace in £1 bln “Reach for the Regions” (UK)

Benson Elliot, the UK-based private equity real estate fund manager, has invested close to £100 million (approx. €119.4 million) in regional towns in recent weeks, demonstrating its continuing conf ...

Amundi Real Estate acquires the office building located at 122-126 Rue du Château des Rentiers in Paris (FR)

Amundi Real Estate, on behalf of the SCPI Edissimo et Rivoli Avenir Patrimoine, has acquired the property located at 122-126 Rue du Château des Rentiers in Paris (13th district) from Tishman Speyer. ...

AXA Real Estate and Eureka acquire Australia Post headquarters in Sydney (FR/AU)

AXA Real Estate Investment Managers announced that it has acquired the Cleveland Street office building in Sydney, from the Australian Postal Corporation. The total deal size is A$168 million (approx. ...

Primonial REIM acquires office building in Paris for €165 million (FR)

Primonial REIM has acquired an office building situated on Avenue d’Ivry in the 13th arrondisement in Paris from Emerige and AOG. This landmark building built in 1870 once belonged to ‘Panhard’ ...

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