Take-up in Hamburg's office letting market remained strong in the first quarter of 2019 thanks to a booming labour market and strong economy, according to Colliers International.
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London-based real estate investment and asset management firm Neo Capital has made its first purchase in the Netherlands, acquiring an office complex in Rotterdam for €50 mln.
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Warsaw-listed developer LC Corp has sold a portfolio of two office assets in Katowice and Wroclaw for a total of €113 mln.
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UK property group Grosvenor has returned to commercial investing in Spain with the acquisition of an office building in Madrid from Blackstone for close to €80 mln.
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German fund manager, Union Investment, has purchased an under-construction office complex in the city of Bonn.
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Lebanon-based, multi-family office SFO Group has acquired a prime office asset in the central business district of Paris, in partnership with French investment manager L’Etoile Properties.
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Flexible global office provider Knotel has reported signing three new lease agreements covering over 40,000 ft2 (3,700 m2) in properties across central London since February this year.
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Global investment firm LaSalle Investment Management has acquired an office development on rue Jeanne d’Arc from AG Real Estate, on behalf of its pan-European fund Encore+.
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German investor-developer Art-Invest has acquired an office property in Munich for a reported outlay of €75 mln.
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German office specialist Godewind Immobilien has secured an €80 mln loan to finance the Herzogterrassen office complex in Düsseldorf.
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German fund manager Union Investment Real Estate has appointed Jörn Stobbe to the position of chairman of the management board, as of 1 January 2020. He will take over from Dr. Reinhard Kutscher, who will retire at the end of 2019.
