Latest Office News – Page 3
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NewsLendlease and Google end San Francisco Bay project development pact
Lendlease said existing agreements were no longer ‘mutually beneficial given the current market conditions’
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NewsAsian insurer cornerstones GLP Capital’s single-asset income China office fund
GLP Capital seeds China office income strategy with RMB 3.6bn asset from its balance sheet
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NewsCBRE IM sells San Francisco office at 45% discount to its 2020 price
Rubicon Point Partners buys The Townsend Building for $72m
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NewsCBRE-owned TCC expands into UK office market with Candour purchase
Candour founders Toby Pentecost and Dan Rees will join TCC as SVPs and co-heads of UK offices
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NewsEuropean commercial real estate deals continue to tumble in Q3, MSCI finds
No sector or market in Europe escapes slowdown for commercial real estate investment in Q3
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NewsCanary Wharf Group gets £400m investment from owners Brookfield and QIA
Pair inject capital to help reposition CWG and build out additional residential and life sciences projects
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![99 QVS External CGI 2022[83]](https://d15duu1h3gsd2d.cloudfront.net/Pictures/100x67/2/5/0/145250_99qvsexternalcgi202283_612519.jpg)
NewsFidelity snaps up prime London office building
The purchase is first for newly launched Fidelity European Real Estate Climate Impact Fund
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NewsInvesco sells Majestar City Tower B office in South Korea’s capital
Disposal price of KRW520bn is almost double the price Invesco paid when it acquired the Seoul office tower in 2017
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NewsPGIM Real Estate acquires landmark Edinburgh office from Kennedy Wilson
PGIM thought to have paid in the region of £38m for the office building
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NewsConversion of vacant London offices could deliver 28,000 homes to the UK capital
Research by CBRE strengthens the case for office-to-residential conversions
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NewsLa Française snaps up prime London office HQ from Grosvenor in £55m deal
The asset expands La Française’s existing London portfolio into the capital’s West End
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NewsTPG Real Estate bids €21 a share for Belgian REIT Intervest
Intervest has recommended the offer to its shareholders
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NewsNine in 10 global investors expect to convert US offices to alternative use
Survey of AFIRE members finds 30% of investors’ office assets will require upgrading
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NewsProceeds from Clearbell’s Amber Portfolio top £174m following final sale
Fund manager makes final sale of asset from portfolio acquired from Abrdn in 2015
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NewsUK investor cornerstones Feldberg’s £500m central London green workplace fund
Brown-to-green workplace fund’s initial close received ‘significant backing’ from UK institutional investor
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NewsEuropean real estate to weather the storm of WFH, repricing and debt costs
AEW’s Vrensen believes challenges are of ‘significantly lower magnitude’ than post-GFC adjustments
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NewsCoima to redevelop 1950s building in Milan into office
The project at Piazzale Zavattari 12 is expected to cost €50m to develop
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NewsWP Carey to spin off office portfolio into separate REIT
WP Carey is transferring 59 office properties into NLOP and intends to sell 87 office properties
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NewsAzora’s US division adds Boston office building and Miami Beach retail asset
Azora Exan buys 7 Post Office Square for $41m and pays $16m for 1000 17th Street in South Beach
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NewsUK property investor Praxis and Veld buy Brindleyplace estate for £125m
HSBC Alternative Investments sells 14.9-acre canal side Birmingham city centre campus
