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Derwent exchanges contracts on Grosvenor Place (UK)

Derwent London plc has exchanged contracts to sell its 50% interest in 1-5 Grosvenor Place SW1 to The Hongkong & Shanghai Hotels, Limited (Peninsula Hotels) for £132.5 million (approx. €154.5 m ...

Mitsui Fudosan and Stanhope acquire One Angel Court, EC2 (UK)

Mitsui Fudosan UK and Stanhope have purchased One Angel Court, EC2, from US financial services organization TIAA-CREF. This strengthens the development partners’ portfolio of prime commercial proper ...

Atenor to redevelop Cloche d’Or in Luxembourg (LU)

ATENOR and ING Luxembourg have signed an agreement under which ATENOR will acquire the company owning the building Cloche d’Or, the current headquarters of ING Luxembourg, situated at Route d’Esch ...

DTZ: small increase in office take-up and new supply, rents still under pressure (EU)

Aggregate office take-up across Europe reached 2.5 million m² in Q2 2013, up from 2.1 million m² recorded during the previous quarter according to DTZ’s latest analysis. The rolling annual take-up ...

Rockspring sells Bluebox Geneva for €90.6 million (CH)

Rockspring Property Investment Managers  has completed the sale of Bluebox, its state-of-the-art office development in Geneva, to a fund based in Switzerland and managed by the real estate asset mana ...

W. P. Carey announces €31 mln acquisition of Innovation Center in the Netherlands (NL)

W. P. Carey Inc. , announced today that CPA®:17 - Global, one of its publicly held non-traded REIT affiliates, has acquired the new European Innovation Center of Royal FrieslandCampina in the Netherl ...

Niam sells office property in Malmö (SE)

Niam sold the office properties Kronan 10 & 11 in central Malmö, Sweden, to the fund DEREIF SICAV-FIS managed by Corpus Sireo, which will close on September 12, 2013. Stefan Albinsson, Fund Ma ...

M&G Real Estate’s new UK property strategy acquires £50 million of south east offices (UK)

M&G Real Estate today announces two acquisitions on behalf of its recently launched UK property strategy for domestic and international institutional investors managed by Dermot Kiernan. The Renai ...

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