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Derwent London in talks to sell Grosvenor Place (UK)

Derwent London today announced that it has entered into non-binding heads of terms to sell its 50% interest in 1-5 Grosvenor Place SW1 to Peninsula Hotels for £132.5 million (approx. €154.5 million ...

Union Investment acquires two office properties for new institutional real estate fund (DE)

Union Investment has acquired the first two properties in Germany for its UniInstitutional German Real Estate fund. The office properties, which are located in Darmstadt and Frankfurt am Main, reflect ...

AstraZeneca selects new £330 million global R&D center and corporate headquarters in Cambridge (UK)

AstraZeneca today announced that its new UK-based global research and development center and corporate headquarters will be located at the Cambridge Biomedical Campus on the southern outskirts of the ...

pbb and Helaba provide € 163 million credit facility to finance the acquisition of the Pacific Tower in La Defense (FR)

pbb Deutsche Pfandbriefbank and Helaba have jointly provided a € 163 million senior loan to Tishman Speyer. The credit facility will be used to finance the acquisition of the Pacific Tower in La Dé ...

Europe’s biggest office complex up for sale in Paris (FR)

The Coeur Défense Towers in La Defense, the biggest office complex in Europe with 190,000 m² of leasable space has reportedly been put up for sale by Hold. According to French newspaper Le figaro ...

CA immo completes new corporate sales headquarters for Mercedes-Benz sales division Germany in Berlin (DE)

Together with guests from industry and politics Mercedes-Benz Vertrieb Deutschland (MBVD) inaugurated last Thursday, its new headquarters in Berlin's Friedrichshain district. The office complex consis ...

Skanska starts work on 66 Queen Square development in Bristol (UK)

Skanska Project Development Limited, under the Workplaces by Skanska banner, has started work on site at its office development scheme in Bristol, 66 Queen Square. It is Skanska’s first development ...

IVG purchases Gallileo office tower in Frankfurt in a club deal (DE)

IVG has acquired the office tower Gallileo in Frankfurt am Main in a club deal for a number of South Korean institutional investors. The core property with total rental space of just under 40,000 m² ...

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