— Journal · Page 10
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News &
market analysis.

Observations, data and analysis on the premium real estate market in Munich, Bavaria, Germany and worldwide — straight from our concierge practice.

City National Bank of Florida Sells Former Headquarters in Coral Gables – AI-generated illustrative image
AI generated
Transaction
·2 min read

City National Bank of Florida Sells Former Headquarters in Coral Gables

Following its relocation, City National Bank of Florida has sold its former headquarters in Coral Gables to Baptist Health South Florida for USD 39 million.

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Law Firm Morgan & Morgan Secures 71,000 SF Lease at One Seaport Plaza – AI-generated illustrative image
AI generated
Letting
·1 min read

Law Firm Morgan & Morgan Secures 71,000 SF Lease at One Seaport Plaza

The renowned law firm Morgan & Morgan has signed a comprehensive long-term lease for 70,602 square feet at One Seaport Plaza in Manhattan.

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Westwood Financial Acquires Shopping Centre in Huntington Beach for USD 56 Million – AI-generated illustrative image
AI generated
Transaction
·2 min read

Westwood Financial Acquires Shopping Centre in Huntington Beach for USD 56 Million

Westwood Financial has acquired the “Peninsula Marketplace” in Huntington Beach, California, for approximately USD 56.2 million, adding a sought-after retail…

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Jemal-Led Joint Venture Plans Office-to-Residential Conversion for 323 Units in D.C – AI-generated illustrative image
AI generated
Development
·2 min read

Jemal-Led Joint Venture Plans Office-to-Residential Conversion for 323 Units in D.C.

A joint venture led by Jemal Real Estate plans to convert an office building in Washington, D.C., into 323 residential units.

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Perkins&Will Leases 51,000 SF in the Altman Building in Chelsea – AI-generated illustrative image
AI generated
Letting
·1 min read

Perkins&Will Leases 51,000 SF in the Altman Building in Chelsea

Global design firm Perkins&Will has signed a long-term lease for 50,680 square feet at 135 West 18th Street in Manhattan's Chelsea neighbourhood.

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Marx Realty Closes Two Office Leases at 10 Grand Central – AI-generated illustrative image
AI generated
Leasing
·2 min read

Marx Realty Closes Two Office Leases at 10 Grand Central

Marx Realty has signed two new office leases totalling 14,000 square feet at 10 Grand Central, including a major lease by Brenton Point Capital Partners.

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Data Centres: Challenges and Opportunities in an Evolving Asset Class – AI-generated illustrative image
AI generated
Market analysis
·3 min read

Data Centres: Challenges and Opportunities in an Evolving Asset Class

A recent forum by Commercial Observer highlighted the multifaceted aspects of the data centre industry, from technological innovations to political influenci…

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AI financial platform Brex leases 8,712 sqm at 200 Varick Street from GFP – AI-generated illustrative image
AI generated
Letting
·2 min read

AI financial platform Brex leases 8,712 sqm at 200 Varick Street from GFP

Brex, an artificial intelligence-based financial company, has signed a lease for just under 8,712 square metres of office space at 200 Varick Street in Manha…

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Cooling in the Las Vegas Property Market: Higher Interest Rates Impact September Sales Figures – AI-generated illustrative image
AI generated
Market analysis
·1 min read

Cooling in the Las Vegas Property Market: Higher Interest Rates Impact September Sales Figures

Rising mortgage rates are dampening the Las Vegas property market, leading to a decline in sales figures and an increase in inventory in September 2026, whil…

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AI Platform Synthesia Leases 50,000 SF at 675 Avenue of the Americas from GFP Real Estate – AI-generated illustrative image
AI generated
Leasing
·2 min read

AI Platform Synthesia Leases 50,000 SF at 675 Avenue of the Americas from GFP Real Estate

AI video platform Synthesia, backed by Mark Cuban, has signed a 50,000 square foot lease for its US headquarters in the Flatiron District.

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Toll Brothers Acquires Development Site in West Chelsea for US$45 Million – AI-generated illustrative image
AI generated
Transaction
·2 min read

Toll Brothers Acquires Development Site in West Chelsea for US$45 Million

Toll Brothers, through its subsidiary Toll Brothers City Living, has acquired a development site in West Chelsea, Manhattan, for US$45 million to realise a s…

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Dwight Capital Refinances Pennsylvania Apartments with US$34 Million HUD Loan – AI-generated illustrative image
AI generated
Transaction
·2 min read

Dwight Capital Refinances Pennsylvania Apartments with US$34 Million HUD Loan

Vanguard Development has secured refinancing for The Reserve at Willow Ridge, a 160-unit property in Lancaster, Pennsylvania.

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T.J. Maxx Leases 2,684 Square Metres on Manhattan's Upper East Side, Replacing H&M – AI-generated illustrative image
AI generated
Leasing
·1 min read

T.J. Maxx Leases 2,684 Square Metres on Manhattan's Upper East Side, Replacing H&M

Discount department store chain T.J. Maxx has signed a lease for 2,684 square metres of retail space in Extell Development's property on Manhattan's Upper Ea…

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Mortgage Affordability Outweighs Interest Rate Concerns for First-Time Buyers – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Mortgage Affordability Outweighs Interest Rate Concerns for First-Time Buyers

Current survey data indicates that more than half of potential first-time buyers consider the monthly affordability of mortgage instalments as their primary…

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Terra-led Joint Venture Secures US$507 Million Construction Loan for South Beach Condominiums Before Sales Launch – AI-generated illustrative image
AI generated
Development
·2 min read

Terra-led Joint Venture Secures US$507 Million Construction Loan for South Beach Condominiums Before Sales Launch

A Terra-led joint venture has received US$507 million in construction loan financing for a luxury condominium project in Miami Beach, even before the sales p…

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Interactive Floor Plan Platform Planpoint Emerges from Anonymity – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Interactive Floor Plan Platform Planpoint Emerges from Anonymity

Planpoint, a platform that transforms floor plans and site plans into interactive tools for marketing real estate, emerged from stealth mode on Thursday.

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Brooklyn: Evolution in Property Development Requires New Strategies – AI-generated illustrative image
AI generated
Market analysis
·4 min read

Brooklyn: Evolution in Property Development Requires New Strategies

The development market in Brooklyn has fundamentally changed, requiring actors to reassess strategies and priorities to meet current market conditions and bu…

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Three Property Firms Excluded for Non-Payment of Compensation – AI-generated illustrative image
AI generated
Market analysis
·1 min read

Three Property Firms Excluded for Non-Payment of Compensation

The Property Ombudsman has excluded three property firms from its redress scheme after they failed to pay compensation totalling over £1,000 to consumers.

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Bristol: Former Pub to Become Student Accommodation – Development Financed with £3.1 Million – AI-generated illustrative image
AI generated
Development
·1 min read

Bristol: Former Pub to Become Student Accommodation – Development Financed with £3.1 Million

A former pub in Bristol is being converted into 33-bed student accommodation with development funding of £3.1 million, promising a gross development value of…

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Marlene Hamad of Platinum Forbes Global Properties: A Global Vision for the Real Estate Market – AI-generated illustrative image
AI generated
Market analysis
·3 min read

Marlene Hamad of Platinum Forbes Global Properties: A Global Vision for the Real Estate Market

Marlene Hamad has established herself as a successful broker in New York City and aims to build a truly global real estate consultancy.

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Almost 40% of London Flats Resold at a Loss in 12 Months – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Almost 40% of London Flats Resold at a Loss in 12 Months

Almost four out of ten flats in London were resold at a loss within the twelve months up to August 2026, according to an analysis by e.surv Chartered Surveyors.

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Property Experts Endorse Reforms for Upfront Information – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Property Experts Endorse Reforms for Upfront Information

A survey of 300 property professionals shows that 77% believe proposed reforms for home buying will bring about positive changes.

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Leadership Changes at Chestertons, Savills, and Views: Three British Brokerage Firms Strengthen Their Management Teams – AI-generated illustrative image
AI generated
Market analysis
·1 min read

Leadership Changes at Chestertons, Savills, and Views: Three British Brokerage Firms Strengthen Their Management Teams

Three leading property companies – Chestertons, Savills, and Views – have announced significant new appointments to their management teams to respond to mark…

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Conservatives promise inheritance tax exemption for family homes – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Conservatives promise inheritance tax exemption for family homes

The Conservatives plan to exempt owner-occupied family homes from inheritance tax and grant couples an additional £1 million nil-rate band.

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43% of Property Enquiries Received Outside Business Hours – AI-generated illustrative image
AI generated
Market analysis
·1 min read

43% of Property Enquiries Received Outside Business Hours

A recent analysis reveals that almost half of all enquiries to estate agents are received outside regular office hours, highlighting the need for flexible co…

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Pace on the UK Residential Property Market Slows Amid Rising Interest Rate Concerns – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Pace on the UK Residential Property Market Slows Amid Rising Interest Rate Concerns

The UK property market showed a slowdown in September as rising interest rate expectations dampened buyer sentiment.

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Pet food delivery service Spot & Tango and advertising firm MediaRadar sign leases at 11 Bryant Park Plaza – AI-generated illustrative image
AI generated
Letting
·1 min read

Pet food delivery service Spot & Tango and advertising firm MediaRadar sign leases at 11 Bryant Park Plaza

Two companies have signed leases for a total of nearly 32,000 square feet of office space at 11 Bryant Park Plaza in Midtown Manhattan, underscoring the cont…

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Three Fashion Companies Sign Leases at 231 West 39th Street – AI-generated illustrative image
AI generated
Letting
·1 min read

Three Fashion Companies Sign Leases at 231 West 39th Street

Three women's fashion brands have leased office and showroom space at 231 West 39th Street in Manhattan's Garment District.

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Citigroup refinances revitalised office building in Arlington, Va., with $28m – AI-generated illustrative image
AI generated
Transaction
·2 min read

Citigroup refinances revitalised office building in Arlington, Va., with $28m

Jemal Equities secures $28m CMBS financing from Citigroup for the 1530 Wilson Boulevard office building in Arlington, Va., where occupancy has significantly…

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ESRT faces new activist investor after stake acquisition – AI-generated illustrative image
AI generated
Market analysis
·2 min read

ESRT faces new activist investor after stake acquisition

A new activist investor, Erez Asset Management, has acquired a significant stake in Empire State Realty Trust (ESRT) and is demanding changes as the REIT has…

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