Ghelamco’s Post

Ghelamco sells Warsaw Unit in Europe’s largest office deal this year Annual rents amount to €18m, with an average remaining lease term of 5.1 years.  #warsaw #officetower #commercialrealestate #investment #deal #europerealestate https://lnkd.in/gyavtigk

Spain: Leading the Way in European Real Estate Recovery Spain is positioned at the forefront of Europe’s real estate recovery, with exciting opportunities across multiple sectors. According to Carles, Partner at Capital Markets & Consultancy at Cushman & Wakefield Spain, the outlook is highly optimistic, with a promising mix of stability and growth across key real estate markets. Here are the highlights for investors: 🏢 Retail, Logistics, and Hotels: These sectors are poised for strong performance, offering a unique combination of stable income and capital appreciation potential. As Spain’s recovery gains momentum, these asset classes are becoming highly attractive for both domestic and international investors. 🏙️ Office Market Revitalization: A significant uptick in office activity is expected, driven by Spain's robust GDP growth and evolving business dynamics. The demand for quality office spaces is set to rise, creating solid investment opportunities. 📊 Investment Volume Surge: With an anticipated improvement in economic conditions and interest rates, Spain is expected to see a substantial increase in real estate investment volume in the coming months, further solidifying its status as a key European market. Spain's real estate market offers a rare combination of resilience and growth potential, making it one of the most attractive investment destinations in Europe today. More information: https://lnkd.in/ehMNfp66 #RealEstateInvestment #Spain #MarketRecovery #CapitalAppreciation #InvestmentOpportunities

CBRE is celebrating 25 years on the Czech market with a review of how the commercial real estate market has changed over the past quarter of a century and where it is heading next ► https://lnkd.in/dr_qMDbM Clare Sheils, Jakub Stanislav, Helena Hemrová (Hurábová), Jan Janacek, Jan Hřivnacký #commercialrealestate #propertyinvestment #realestateinvesting #realestatetrends

Estonia-based Summus Capital OU is continuing its expansion into Poland with the acquisition of the Lakeside office building in Warsaw from Atenor, in a transaction valued at EUR 61.9 million.

Summus Capital (www.summus.ee) has successfully completed the acquisition of #React office building in downtown Łódź, Poland. A conditional sale agreement was signed on November 27, 2024. As of today, all conditions agreed upon by both the purchaser and the vendor Echo Investment (www.echo.com.pl) have been fulfilled, culminating in the finalization of the transaction. The property, valued at €32.5 million, includes over 15,000 square meters of high-end office space and is entirely occupied by esteemed tenants under long-term agreements averaging close to seven years. This guarantees both stability and a consistent revenue stream. The #React office building is distinguished by its contemporary, environmentally sustainable design, holding both #BREEAM Excellent certification and a #WELL Health-Safety rating, thereby constituting a prime investment for Summus Capital OÜ (www.summus.ee). With this acquisition, Summus Capital reaches an important benchmark in its expansion, now managing a commercial real estate portfolio in Poland. "With the closing of this previously agreed transaction, we at Summus have reached a significant milestone, achieving a €100 million commercial real estate portfolio. We are proud to confirm that we are here to stay. We strongly believe in office building concepts that, in addition to being EU Taxonomy-compliant, have been developed and chosen by tenants after recent crises—serving as a testament to the long-term sustainability of such projects," remarked Hannes Pihl, Board Member at Summus Capital and Managing Partner at Zenith Family Office.  Summus Capital is grateful for the financial backing provided by HYPO NOE Landesbank für Niederösterreich und Wien AG represented by Thomas Milunovic  in course of the transaction and the advisory services rendered throughout the acquisition process by the respected law firm Penteris on borrower`s side and CMS Poland on the lender´s side represented by Jakub Podkowa and Karolina Zając.

Brussels is losing its appeal to Belgian real estate developers due to project development challenges and declining attractiveness to new businesses. A major survey by UPSI-BVS, JLL Belgium, and Trends-Tendances highlights these concerns. Experts from BNP Paribas, PATRIZIA SE, A&O Shearman, Alides and JLL Belgium weigh in. Full article featured in the latest issue of Trends-Tendances. Rikkert Leeman Aurore de Montjoye Suzy Denys Rudy Dupont Vincent Van Brée

MoneyFM - The Afternoon Update with Lynlee Foo: Ashley Swan, Executive Director, Commercial at Savills Singapore shares his insights into Singapore’s commercial leasing landscape, touching on the impact of economic uncertainties, costs and hybrid work policies on the leasing market as well as lack of any one industry driving demand for space. Executive Director, Commercial at Savills Singapore shares his insights into Singapore’s commercial leasing landscape, touching on the impact of economic uncertainties, costs and hybrid work policies on the leasing market as well as lack of any industry driving demand for space. He talks about how companies are grappling with the amount of space they need due to more stringent in-office policies in the first quarter. He also shares his insights into the factors such as less demand from occupiers coupled with a lack of supply in the CBD that has led to a flat market and how it is expected to remain for 2024. Listen to the insights here: http://sav.li/9ee   #savillssg #commercialleasing #CBD #Q1office #singapore #office #rent #vacancy Ashley Joseph Swan Agnes Tay Denise Kiang Kimberly Seow Jieru Ng Lawrence Teo Greg Marler Colin Jones Ng Wan Ping Joseph Seah Emily Q.

Hoi Hup Realty Pte Ltd of Singapore has submitted plans for a new office development on London's High Holborn. The central site is a 1.4 hectare island close to Chancery Land tube station and plans are for 370,000 Grade A office space with BREEAM Outstanding and EPC A. https://ow.ly/Z79f50UpRCy Check out thesectorscope.com for news and analysis on the UK's evolving and growing office market.

🤩 Exited to work on a lettinganalysis for Deka Immobilien on the ± 22.534 sqm “Rubens” in Antwerp. 🤩 The Rubens is a quartet of office buildings along the Antwerp Singel, developed in 2000 by Kairos nv in a timeless and elegant design by SVR-ARCHITECTS NV. Rubens hosts prime companies like GraydonCreditsafe Belgium nv, YER and WijKopenAutos B.V. with the latest leasing transactions by Anker18, CEUSTERS & BNP Paribas Real Estate . In this lettingAnalysis, we "analyse and audit” the commercial & technical attractiveness of the Rubens and we “suggest & budget” all necessary improvements that will maximise leasing opportunities. 👌🏼 The commercial & technical attractiveness is benchmarked against 167 commercial, ESG and technical parameters, relying on 15 years leasing experience (we’ve never left an empty property behind). 💥 #CommercialRealEstate #Retrofit #Luxembourg #CommercialStrategy #distress2success #AttractandRetainTenants #ESG #getfullylet

🏢 Prime investment in Brussels: Deka Immobilien acquires "Tervueren II" With the acquisition of the Tervueren II office building in Brussels' Leopold District – Belgium’s capital and a major European metropolis – Deka Immobilien expands the portfolio of its open-ended Deka-ImmobilienMetropolen fund. This marks the fund's first investment in Belgium. The buyer is the Belgian branch of Deka Immobilien Investment. The seller of the property was AG Insurance, and the purchase price remains undisclosed. Built in 1976, the property formerly served as the residence of the Canadian Embassy. In 2019, it underwent extensive refurbishment and was expanded by two additional floors. Today, it offers approximately 7,300 sqm of leasable space across eight floors, including premium office facilities, and 74 underground parking spaces. Fully and long-term leased to the prominent law firm Loyens & Loeff, the building boasts a BREEAM certification of "Very Good" and a primary energy consumption of just 98.25 kWh/m², making it one of the most energy-efficient buildings in the BeLux region. The Leopold District: A Prime Brussels Location The Leopold District is traditionally Brussels’ most significant office area, home to numerous European institutions, international organizations, and embassies. Exceptional infrastructure, excellent public transportation connections, and direct rail access to the airport ensure outstanding accessibility. Additionally, the area features impressive architecture, such as that along Avenue de Tervueren, and a vibrant environment with restaurants, bars, and leisure opportunities. Highlight: A spacious rooftop terrace spanning 744 sqm offers breathtaking panoramic views of Parc du Cinquantenaire and the Brussels skyline. With the acquisition of Tervueren II, Deka Immobilien secures a premium property in a prestigious location while further diversifying its regional fund portfolio. This transaction underscores Deka Immobilien’s commitment to sustainable and strategic investments in Europe’s most attractive markets. Deka Immobilien was represented by A&O Shearman (legal advisors) and Arcadis (technical due diligence). The seller was advised by CBRE.   #dekaimmobilien #transactionnews #Brussels #property #investment Always find more exciting updates at https://lnkd.in/eXsAdGeY