— Journal · Page 19
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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.

Irish Arts Center leases 4,422 sq ft at GFP's Film Center Building in Hell's Kitchen – AI-generated illustrative image
AI generated
Leasing
·2 min read

Irish Arts Center leases 4,422 sq ft at GFP's Film Center Building in Hell's Kitchen

The Irish Arts Center has signed a lease for 4,422 square feet at the Film Center Building in Hell's Kitchen, while its permanent facility undergoes redevelo…

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On, the sports shoe manufacturer favoured by Roger Federer and Kylian Mbappé, relocates its headquarters to Penn 1 – AI-generated illustrative image
AI generated
Transaction
·2 min read

On, the sports shoe manufacturer favoured by Roger Federer and Kylian Mbappé, relocates its headquarters to Penn 1

The Swiss company On, known for its sports shoes, is moving into new office space of 85,000 square feet in Vornado Realty Trust's Penn 1 in New York City.

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AI will transform US office jobs rather than eliminate them – AI-generated illustrative image
AI generated
Market analysis
·1 min read

AI will transform US office jobs rather than eliminate them

A new CBRE Research report highlights the impact of Artificial Intelligence on the US office job market, which is set for fundamental change.

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C-PACE Financing Opportunities for Ground-Leased Properties – AI-generated illustrative image
AI generated
Investment
·4 min read

C-PACE Financing Opportunities for Ground-Leased Properties

C-PACE financing can offer an effective solution for funding ground-leased properties, which are often considered an obstacle to capital raising.

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Luxury Property Rents in Prime Central London Rise Significantly Amid Shrinking Supply – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Luxury Property Rents in Prime Central London Rise Significantly Amid Shrinking Supply

Rental values for high-end properties in Prime Central London saw significant increases in the first half of 2026, while available supply shrank considerably.

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365 Finance Appoints George Visser as New Chief Risk Officer – AI-generated illustrative image
AI generated
Market analysis
·2 min read

365 Finance Appoints George Visser as New Chief Risk Officer

365 Finance, a financing provider specialising in small and medium-sized enterprises, has appointed George Visser as its new Chief Risk Officer.

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The Plan: New York's First Flight Club Aims for a Bullseye at 31 Union Square West – AI-generated illustrative image
AI generated
Market analysis
·3 min read

The Plan: New York's First Flight Club Aims for a Bullseye at 31 Union Square West

The opening of the first New York location of the Flight Club event venue at 31 Union Square West is imminent, marking a significant expansion into the US ma…

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Rental Prices for Premium Properties in London Rise Significantly – AI-generated illustrative image
AI generated
Market analysis
·1 min read

Rental Prices for Premium Properties in London Rise Significantly

Rents for high-end properties in central London recorded substantial increases in the first half of 2026, while supply decreased sharply.

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Leasehold costs become a 'second mortgage' for millions – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Leasehold costs become a 'second mortgage' for millions

An estimated five million leaseholders in the United Kingdom are facing sharply rising ancillary leasehold costs, described as a 'second mortgage'.

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Tax advisers question Stamp Duty on £265m property transaction – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Tax advisers question Stamp Duty on £265m property transaction

The Stamp Duty paid on the sale of the UK's most expensive residential property in Chelsea is being critically reviewed by tax experts.

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CIP Real Estate acquires industrial park in San Gabriel Valley for USD 60.7 million – AI-generated illustrative image
AI generated
Transaction
·2 min read

CIP Real Estate acquires industrial park in San Gabriel Valley for USD 60.7 million

Irvine-based investment company CIP Real Estate has acquired the Walnut Tech Business Center, an industrial park in the San Gabriel Valley, for USD 60.7 mill…

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Distyl AI doubles office space at 135 Madison to over 30,000 sq ft in under a year – AI-generated illustrative image
AI generated
Leasing
·2 min read

Distyl AI doubles office space at 135 Madison to over 30,000 sq ft in under a year

Distyl AI has significantly expanded its office space at 135 Madison Avenue in New York City, now occupying over 30,000 square feet.

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Richard Born Joins Investor Group in BlackRock's $245 Million Sale of 600 Third Avenue – AI-generated illustrative image
AI generated
Transaction
·2 min read

Richard Born Joins Investor Group in BlackRock's $245 Million Sale of 600 Third Avenue

Hotel investor Richard Born joins a prominent investor group to acquire the 42-storey office building 600 Third Avenue in Midtown East for $245 million.

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Happier Grocery opens second location on the Upper East Side in New York City – AI-generated illustrative image
AI generated
Letting
·2 min read

Happier Grocery opens second location on the Upper East Side in New York City

Happier Grocery, a retailer specialising in healthy foods, will open a second branch on New York's Upper East Side.

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J.P. Morgan Chase Sells South Florida Rental Property for US$106 Million – AI-generated illustrative image
AI generated
Transaction
·1 min read

J.P. Morgan Chase Sells South Florida Rental Property for US$106 Million

J.P. Morgan Chase has sold a garden-style apartment complex in Wellington, Florida, for US$105.5 million after owning it for nearly a quarter of a century.

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Dwight Investment Management refinances College Station apartments with $42m – AI-generated illustrative image
AI generated
Transaction
·1 min read

Dwight Investment Management refinances College Station apartments with $42m

Dwight Investment Management has provided $42m in bridge financing for the 288-unit property, 1720 at Harvey.

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Harrison Street strengthens team with further ex-PGIM staff – AI-generated illustrative image
AI generated
Market analysis
·1 min read

Harrison Street strengthens team with further ex-PGIM staff

Harrison Street has hired Jon Glass and two other experts from PGIM Real Estate to expand its capabilities in the healthcare and senior housing sector.

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Sephora Relocates Store in Meatpacking District to 401 West 14th Street – AI-generated illustrative image
AI generated
Leasing
·1 min read

Sephora Relocates Store in Meatpacking District to 401 West 14th Street

The cosmetics chain Sephora is moving its existing store in New York's Meatpacking District to a new retail premises at 401 West 14th Street.

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Allied Global Marketing renews 28,098 sq ft lease at Woolworth Building – AI-generated illustrative image
AI generated
Letting
·1 min read

Allied Global Marketing renews 28,098 sq ft lease at Woolworth Building

Marketing firm Allied Global Marketing extends its lease for 28,098 square feet of office space in the iconic Woolworth Building in Lower Manhattan.

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Office tenants should negotiate mobile reception as part of the lease agreement – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Office tenants should negotiate mobile reception as part of the lease agreement

The traditional division of responsibilities for mobile coverage in office buildings is changing, posing new demands on owners and tenants.

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Conversion of 100 Gold Street: Increase to 4,000 Residential Units in the Financial District – AI-generated illustrative image
AI generated
Development
·2 min read

Conversion of 100 Gold Street: Increase to 4,000 Residential Units in the Financial District

The planned conversion of the office building at 100 Gold Street in the Financial District is now set to include 4,000 residential units, 300 more than origi…

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AI Company Rogo Technologies Doubles Lease at 360 Park Avenue South to 46,000 sq ft – AI-generated illustrative image
AI generated
Transaction
·2 min read

AI Company Rogo Technologies Doubles Lease at 360 Park Avenue South to 46,000 sq ft

Rogo Technologies, a startup specialising in artificial intelligence, has expanded its office space at 360 Park Avenue South in Midtown South to 46,000 squar…

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Tokyo leads global prime property index as luxury home prices surge by 51 per cent – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Tokyo leads global prime property index as luxury home prices surge by 51 per cent

Prices for prime residential properties in global luxury markets rose slightly in the second quarter of 2026, led by an exceptional upturn in Tokyo.

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Trump and Mamdani drive discussion on housing development in Sunnyside Yards – AI-generated illustrative image
AI generated
Development
·1 min read

Trump and Mamdani drive discussion on housing development in Sunnyside Yards

President Donald Trump and Mayor Zohran Mamdani have agreed to continue planning for an affordable housing project in Sunnyside Yards, Queens.

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Kelly Kennedy Mack: Two Decades at the Helm of Corcoran Sunshine Marketing Group – AI-generated illustrative image
AI generated
Market analysis
·3 min read

Kelly Kennedy Mack: Two Decades at the Helm of Corcoran Sunshine Marketing Group

Kelly Kennedy Mack, President of Corcoran Sunshine Marketing Group, is leading an expansion phase for the luxury residential sales company after two decades…

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Reframe Systems: Automated Microfactories for Efficient Housing Construction – AI-generated illustrative image
AI generated
Market analysis
·3 min read

Reframe Systems: Automated Microfactories for Efficient Housing Construction

Reframe Systems secured 40 million dollars to expand its automated microfactories, which produce various house types faster and more cost-effectively.

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Ian Michael Klein, Head of Development at Rabina, always wanted to be 'a real estate professional' – AI-generated illustrative image
AI generated
Market analysis
·4 min read

Ian Michael Klein, Head of Development at Rabina, always wanted to be 'a real estate professional'

Ian Michael Klein, Rabina's Head of Development, began his career as an Ivy League-educated architect and is now responsible for groundbreaking residential p…

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Rubin Museum of Himalayan Art in Chelsea Up for Sale – AI-generated illustrative image
AI generated
Transaction
·2 min read

Rubin Museum of Himalayan Art in Chelsea Up for Sale

The Rubin Museum of Himalayan Art in Chelsea is selling its 80,000-square-foot property located at 140–154 West 17th Street in New York City.

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Hampshire Trust Bank refinances Nottingham portfolio with £22 million – AI-generated illustrative image
AI generated
Transaction
·1 min read

Hampshire Trust Bank refinances Nottingham portfolio with £22 million

Hampshire Trust Bank has refinanced a substantial property portfolio in Nottingham with £22 million in funding.

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Shawbrook finances residential project on former quarry site in Bath with £4.5m – AI-generated illustrative image
AI generated
Development
·1 min read

Shawbrook finances residential project on former quarry site in Bath with £4.5m

Shawbrook Bank has provided Arc X Developments with £4.5 million in development finance for a residential project in Combe Down, near Bath.

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