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DIC Asset AG: Two major deals securing long-term FFO (DE)

DIC Asset AG just reported two large and significant business transactions that will play a definitive role in securing the Company’s operative profitability and the high FFO level in the long run. ...

Survey conducted by CoreNet Global indicates “Collaborative Space Bubble” may be looming

The average amount of space per office worker globally has dropped to 150 ft² (approx. 14 m²) or less, from 225 ft² (approx. 225 m²) in 2010, according to a recent global survey conducted by CoreN ...

Karlin real estate enters European real estate market with London office buy (UK)

Karlin Real Estate has acquired from Glanmore Fund Advisors, Worldwide House, a fully occupied 169,931 ft² (approx. 15,790 m²) office building in Peterborough, UK in a transaction valued at £16 mi ...

JLL: CEE experiences a 38% year-on-year increase in transaction volumes on the commercial real estate market

in the CEE remains varied, we have observed increased investor activity in the region during the first 6 months of 2013, with Poland leading the pack, and the Czech Republic, Hungary and Slovakia sig ...

KPMG selects 30 North Colonnade for new London office (UK)

KPMG today announced that, following an extensive search in the City and Canary Wharf market, it has selected 30 North Colonnade in Canary Wharf for the replacement of the firm’s Salisbury Square of ...

Cornerstone acquires 40 Gracechurch Street in London for £94 million (UK)

Cornerstone Real Estate Advisers announced that it has purchased 40 Gracechurch Street, a Grade A office building in Central London, for £94 million (approx. €107.6 million) on behalf of a new sepa ...

Deka Realkredit Klassik acquires financing for Empire State Building in New York (DE/US)

Deka Realkredit Klassik, a debt fund, has invested in the senior tranche of a commercial property loan granted by DekaBank. The tranche volume amounts to US $20 million (approx. €15 million). The lo ...

GPE sells 90 Queen Street, EC4 for £61.0 million (UK)

Great Portland Estates plc announces that it has exchanged contracts to sell 90 Queen Street, EC4 for £61 million (approx. €70.1 million), reflecting a net initial yield of 5.39% and a capital val ...

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