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Savills: Commercial development activity continued to contract in October, but at weaker rate (UK)

and cuts in public spending all contributed to the pessimistic outlook. Summary of activity October data signaled lower levels of activity in eight of the nine broad areas of commercial developmen ...

Union Investment acquires prime, long-term let office building in Glasgow (DE/UK)

Union Investment has acquired the Equinox Building in Glasgow for its open-ended real estate fund UniImmo: Deutschland.The Equinox Building was constructed in 2002 and is located in the heart of Glasg ...

Anixton finalizes sale of 'Louise 250' building (BE)

Belgian REIT Leasinvest Real Estate SCA has sold the 'Louise 250' building to ECF Brussels Office Leasehold SPRL, a subsidiary (SPV) of Cordea Savills GmbH. ...

Invesco Real Estate sells French Charonne asset for approx. €14 million (FR/DE)

Invesco Real Estate, the global cross-border property investment manager, is pleased to announce that it has sold a Parisian office property for approx. €14 million on behalf of its client, the iii-B ...

CBRE: Office vacancy rates decline in most of CEE (CEE)

Office occupier take-up increased by 21% in the first three quarters of 2010 compared to the same period of last year, bringing the region's year-to-date office take-up close to 2 million m², accordi ...

Universal Pictures International under offer at L&G and MEC's Central Saint Giles (UK)

Legal & General Property and Mitsubishi Estate Company can confirm that the first, second and half of the third floor of their 464,50-m² mixed-use development Central Saint Giles is under offer t ...

German fund RREEF acquires more prime assets in Poland (DE/PL)

German fund RREEF has announced the acquisition of two Class A office buildings, Topaz and Nefryt, in the Mokotów district of Warsaw, the premier office location outside of the city center. The proje ...

Hammerson submits application for major city scheme (UK)

Hammerson has submitted a detailed application to the City of London for its office-led scheme London Wall Place (formerly known as the St Alphage site).The existing podium and 1950s tower will be rep ...

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