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Asia’s Office Market Prepares for New-Normal 24.06.20According to a survey by JLL, as businesses prepare to return to the office amid an easing of lockdown restrictions across Asia Pacific, many are considering how their corporate real estate portfolios should look in the ‘new normal’. JLL reports…
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Commercial Property of the Week 22.06.20
A stunning new development of offices, retail and residential. designed by award winning architects arquitectonica collaborating with brisac gonzales. the courtyard design is by internationally renowned landscape and garden designer andy sturgeon. Price on application. The floors feature full height…
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Trafalgar House Signs Lease at Farnborough Aerospace Centre 18.06.20
Federated Hermes has completed a letting with specialist pensions administrator Trafalgar House to take 5,548 square foot of space at Ascent 4, within the Farnborough Aerospace Centre. Located on the second floor of this extensively refurbished 60,000 square foot building,…
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Schroder REIT Cautiously Optimistic 17.06.20
The company reported a £32.5m loss for the year to 31 March 2020, compared with a profit of £15.9m in 2019, as adjusted EPRA earnings fell 16%. It attributed a 13.1% fall in net asset value (NAV) to one-off debt…
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Slovakia’s JTRE South Bank Scheme 17.06.20
Slovakian developer JTRE has reiterated its faith in London’s real estate market, securing a £177m construction loan on a flagship scheme and acquiring a well-known luxury development firm. The loan, agreed with ICG Real Estate, will be for the development…
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DGE has unveiled designs for its 250,000 square foot office scheme at London Bridge 10.06.20
The developer, which acquired 60 Thomas Street last year, claimed the development would be “London’s most sustainable office tower”. The new office will have BREEAM Outstanding and WELL Platinum certification, which will make it the only office tower in London…
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US Construction Deemed ‘Essential’ During Lockdown 10.06.20
Global real estate consultant CBRE is reporting this week that despite economic disruptions caused by COVID-19, industrial construction is continuing in the majority of major U.S. markets. CBRE’s analysis found that construction has been deemed “essential” in 16 of the…
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Allianz Acquire Prime Multi-Family Residential Assets in Tokyo 08.06.20
Allianz Real Estate, acting on behalf of several Allianz companies, has acquired a portfolio of prime multi-family residential assets in Tokyo for approximately €110 million. The portfolio comprises 11 newly built assets with 275 units offering 8,400 sqm net rentable…
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