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Land Securities commits to the £260 million development of 1 & 2 New Ludgate, EC4 (UK)

Land Securities is committing to the £260 million (approx. €303 million) development of 1 & 2 New Ludgate, EC4, a speculative mixed-use development in the City of London. The 379,000 ft² (a ...

AlloyMtd Group acquires One Crown Place from UBS (UK)

AlloyMtd Group, a leading Asian infrastructure conglomerate headquartered in Kuala Lumpur, has today announced that it has completed on the purchase of the strategic and landmark freehold of UBS’s d ...

Aberdeen Asset Management Deutschland AG sells Montoyer 47 office in Brussels (BE)

Jones Lang LaSalle is pleased to have concluded the sale of the Rue Montoyer 47 office building in Brussels on behalf of owner Aberdeen Asset Management Deutschland AG. GLL Real Estate Partners Gmb ...

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 ...

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