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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 ...

Germans re-enter Spanish market alongside South Americans, Brits and Canadians (ES)

According to Savills latest office report, whilst domestic investors continue to dominate the market in Madrid, German institutional funds have returned to the sector joining the new buyers in this ar ...

HOCHTIEF Projektentwicklung sells Tivoli Office to AXA Investment Managers (DE)

HOCHTIEF Projektentwicklung has sold the Tivoli Office building in Munich to a real estate special fund operated by AXA Investment Managers Deutschland. The two parties agreed that no details of th ...

Prologis signs 15,400 m² leasing agreement with Dirks Group in Germany (DE)

Prologis, Inc. today announced that in the second quarter of 2013, it signed a 10-year leasing agreement with Dirks Group covering 15,400 m² at Prologis Park Gernsheim near Frankfurt in Germany. D ...

LondonMetric sells One Fleet Place for £112.5 million (UK)

LondonMetric has announced it has conditionally exchanged contracts on the sale of One Fleet Place, London EC4, for £112.5 million (approx. €130.35 million) to One Fleet Place Realty Limited, a who ...

AXA Investment Managers Deutschland acquires the Arte-Fabrik building in Munich (DE)

AXA Investment Managers Deutschland GmbH has acquired on behalf of one of its clients the Arte-Fabrik building, a mixed used core asset located in Feilitzstrasse in the city center of Munich for €40 ...

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