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Ærium completes sale of 40 Portman Square in £181 million transaction (UK)

European Fund Manager, Ærium, has completed the sale of 40 Portman Square in London's West End. The sale price is £181 million (approx. €213.7 million), reflecting a net initial yield of 5.57%, an ...

Savills advises IVG Institutional Funds on €28 mln. office sale (ES/DE)

Savills has advised IVG Institutional Funds in the sale of an exclusive office building. The five-story office building comprises approximately 4,000 m². ...

Fabege sells 16 properties for SEK 1,350 million (SE)

Fabege has divested a total of 16 properties, mainly outside of its prioritized market segments of Stockholm inner city, Solna and Hammarby Sjöstad. The buyer is Profi Fastigheter II AB and purchase ...

BNP Paribas Real Estate embarks on its first development project in London (UK)

As part of the globalization of its development business, BNP Paribas Real Estate has just signed with Kings Cross Central Limited Partnership, represented by Argent, to purchase a site at Kings Cross ...

STRABAG signs contract for construction of multifunctional center on Katowice's main railway station (PL)

On November 25, 2010, STRABAG Sp. z o.o. and Galeria Katowicka Sp. z o.o. (company associated with Neinver Polska) signed a contract for the construction of a multifunctional integrated transport and ...

Deka Immobilien invests in Australia (DE/AU)

Deka Immobilien GmbH has acquired the South Wharf Office Tower in Melbourne for approximately €85 million.The property forms the office tower component within the landmark Melbourne Convention and Ex ...

REDEVCO sells Savoy Court, London to USS for £45.4 million (UK)

REDEVCO UK has exchanged contracts with United Superannuation Scheme (USS) for the sale of Savoy Court in London's West End for £45.4 million (approx. €53 million). Savoy Court is located adjacent t ...

JLL: More European office markets close in on prime rental growth (EU)

Jones Lang LaSalle's Q3 European Office Clock highlights that prime office rents continued to grow during the quarter, albeit at a slower pace. The Jones Lang LaSalle Office Rental Index rose by a mod ...

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