International
CBRE: Global Office Occupancy Costs Still on the Rise
Spurred by tenants’ desire to attract and retain the best-of-the-best, average occupancy costs for premier office space increased 3.6 percent over a 12-month period, according to a new CBRE report.
Savills Launches Coworking Platform PIVOT
The fully integrated service will be rolled out exclusively in the U.K. and will offer an all-inclusive price point for tenants.
Skanska Agrees to $152M Helsinki Office Sale
The 190,000-square-foot development, set to become the headquarters for the European Chemicals Agency, is under construction and anticipated to be delivered by the end of 2019.
Energy Efficiency and Empowering Operations
Green Generation’s Bradford Dockser connects the dots between real estate, energy, technology and improving the environment. He also shares tips for those starting to include energy-efficiency strategies in their businesses.
HBC Plans $1.5B Sale of German Retail Holdings to JV Partner
The deal comes as HBC and other shareholders, including WeWork Property Advisors, offered a plan to take the Canadian-based retail company private.
RioCan to Acquire Full Ownership of 1 MSF Toronto Mixed-Use Asset
The deal consolidates the company’s ownership of Yonge Sheppard Centre while also giving the seller, KingSett Capital, a $75 million stake in the investment trust.
Starwood Capital JV Acquires Sydney Office for $307M
Centuria and BlackRock had owned The Zenith, a two-building office complex in the city’s Lower North Shore, since 2016. The deal marks Starwood’s single largest transaction to date in Australia.
Call for Submissions: Be Part of CRE’s Most Popular Global Survey
Contribute to a high-profile global report on market sentiment that international policymakers and top organizations use to set their agenda.
Coworking Firm Venture X Expands in Europe
The shared workspace company, which has locations in 25 countries around the world, has agreed to bring its brand to the United Kingdom and Ireland.
Enel Sells 540MW of Renewable Capacity for $743M
The transaction included three renewable energy plants, two solar farms and a wind park acquired by Chinese company CGN Energy International Holdings Co.