US asset manager Blackstone's Real Estate Partners Europe IV and Germany's Quantum Capital have agreed to acquire the Treptowers office building in the Mediaspree sub-market of Berlin for €230 mln, reflecting a yield of 6%.
Central London's Grade A office market has seen a 4% increase in take-up volume compared to the five-year quarterly average before the pandemic, according to new data from Cushman & Wakefield.
