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Office

AM Sci Tech completes hat-trick of office lettings in Aberdeen

AM Sci Tech has recently completed a hat-trick of significant deals across the Aberdeen Energy & Innovation Parks, totalling approximately 7,000 sq ft. The agreements include the expansion of existing occupier Kaseum Technology, as well as new leases with Italmatch Chemicals and WorkNest.
Thursday, 28. March 2024

Union Investment sells Sthlm Hub to Vasakronan for €62m

Union Investment has sold the Stockholm office building Sthlm Hub, also known as Uggleborg 14, to Swedish property investor Vasakronan for approximately €62 million (SEK 715 million). The purchase price is higher than the most recent valuation. Vasakronan is owned by four of Sweden's national pension funds and already owns th...
Wednesday, 27. March 2024

London falls behind NYC in demand for office space

VTS has pulled data from the 13 billion sf of space managed on its platform and it shows that London has fallen behind New York in demand for office space this month - the first time since the pandemic.
Wednesday, 27. March 2024

Real I.S. achieves full investment for SCF I-fund

The latest acquisition of an office property at Innere Wiener Strasse 17 in Munich's Haidhausen district means that the specialised institutional real estate alternative investment fund Real I.S. SCF I is now fully invested and broadly diversified in its target country, Germany, with total investment of more than 250 million ...
Wednesday, 27. March 2024

Trident expands office space in C200 Office in Gdańsk

Trident BMC will continue as a tenant in C200 Office. It has renewed and expanded its lease to occupy more than 2,200 sqm of office space. The tenant was represented during the renegotiation process by Newmark Polska.
Tuesday, 26. March 2024

Czech regional office market increases attractiveness

Regional cities in the Czech Republic are becoming an increasingly interesting alternative for investors looking for cheaper, yet high quality, office space outside of Prague. This finding comes from the latest survey by Colliers. According to the market research, net realized demand in Brno grew by 43% year-on-year, while in...
Tuesday, 26. March 2024

MSCI reports abrupt fall in France annual property index

The MSCI France Annual Property index posted a negative total return of -7.7% in December 2023 compared with 2022, an abrupt fall not seen since the beginning of the 1990s. Total returns combine the income return from rents with the capital return derived from the change in assets' valuations.
Tuesday, 26. March 2024

BIG unveils design for Transport Hub in Toulouse

BIG – Bjarke Ingels Group and A+ Architects unveil design for the 12,000 m² Marengo Multimodal Transport Hub in France's fourth largest city, Toulouse. Located adjacent to the central station Gare Matabiau on the eastern border of the city, the building will expand the city center beyond the Canal du Midi and strengthen its p...
Monday, 25. March 2024

Helical sells 25 Charterhouse Square to Ares

Helical plc has exchanged contracts on the sale of the long leasehold interest in 25 Charterhouse Square, London, EC1 to a Real Estate fund managed by Ares Management for £43.5 million. The disposal price represents a 6.5% discount to the 30 September 2023 book value.
Monday, 25. March 2024

British Land and Royal London join on €450m science building

British Land and Royal London Asset Management Property (‘Royal London Asset Management’) announce the formation of a new 50:50 joint venture (‘JV’) to accelerate the delivery of 1 Triton Square into a best in class science and innovation building at Regent’s Place. The agreement values 1 Triton Square at £385m.
Friday, 22. March 2024

CA Immo pays dividend despite high write-offs

CA Immo reports a loss of € 224.5 million for the 2023 financial year due to the revaluation of the portfolio. CA Immo reports a loss of € 224.5 million for the 2023 financial year due to the revaluation of the portfolio. Nevertheless, the company is maintaining its dividend policy and plans to pay out a dividend of €0.80 pe...
Thursday, 21. March 2024

Hartwell unveils £35 million masterplan for Wootton Science Park

Hartwell Plc has unveiled emerging designs to deliver new carbon efficient lab and workspace buildings for small and medium sized science and technology companies and amenities at Wootton Science Park to the south-west of Oxford. Hartwell has owned the park since 1975 and built the first office building in 2005. It has recent...
Wednesday, 20. March 2024

Real I.S. leases 650 sq m in Amsterdam office building De Alexander

Real I.S. has signed a new lease agreement with Property investment manager Heeneman & Partners in De Alexander office building at Oosterdokstraat 80 in Amsterdam. In the first quarter of 2024, Heeneman & Partners entered into an agreement for the lease of approximately 650 sq m of office space in the multi-tenant office buil...
Wednesday, 20. March 2024