— Journal · Page 22
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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.

Shorenstein acquires fully leased office property in SoHo from Tishman Speyer – AI-generated illustrative image
AI generated
Transaction
·2 min read

Shorenstein acquires fully leased office property in SoHo from Tishman Speyer

Tishman Speyer sells the office building at 148 Lafayette Street in SoHo to Shorenstein Properties for approximately US$135 million.

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Digital Financial Services Provider Zip Leases 13,000 sq ft at Rudin's 41 Madison Avenue – AI-generated illustrative image
AI generated
Leasing
·2 min read

Digital Financial Services Provider Zip Leases 13,000 sq ft at Rudin's 41 Madison Avenue

Digital financial services company Zip is relocating its headquarters to Rudin's 41 Madison Avenue in NoMad, occupying the entire 18th floor.

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US Property Market Under Pressure: Fed Rate Hike Worsens Affordability Crisis – AI-generated illustrative image
AI generated
Market analysis
·2 min read

US Property Market Under Pressure: Fed Rate Hike Worsens Affordability Crisis

The Federal Reserve's first interest rate increase in three years is burdening the US property market and significantly increasing the cost of borrowing for…

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The Phenomenon of Sham Buyers in the New York Real Estate Market – AI-generated illustrative image
AI generated
Market analysis
·3 min read

The Phenomenon of Sham Buyers in the New York Real Estate Market

In the New York real estate market, so-called sham buyers are a constant challenge, consuming a great deal of time but sometimes unexpectedly leading to genu…

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MERA Completes Refinancing of Office Property in London – AI-generated illustrative image
AI generated
Transaction
·1 min read

MERA Completes Refinancing of Office Property in London

MERA has successfully completed an equity release refinancing of £6.1 million for an office building near Chancery Lane in London.

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Shawbrook finances £2.5m conversion of listed building in Bath – AI-generated illustrative image
AI generated
Development
·1 min read

Shawbrook finances £2.5m conversion of listed building in Bath

Shawbrook Bank has provided APS Homes with £2.5 million in development finance for the conversion of a historic building in Bath.

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Warehub Founder James Holbrook on the Need for Flexibility in the Industrial Sector – AI-generated illustrative image
AI generated
Market analysis
·3 min read

Warehub Founder James Holbrook on the Need for Flexibility in the Industrial Sector

James Holbrook's platform aims to accelerate temporary warehouse space rentals as this asset class adapts to new economic conditions.

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Bank of England Holds Key Interest Rate at 3.75% – Inflation Concerns Persist – AI-generated illustrative image
AI generated
Market analysis
·1 min read

Bank of England Holds Key Interest Rate at 3.75% – Inflation Concerns Persist

The Bank of England has kept the key interest rate at 3.75%, providing mortgage holders with some relief for now, although geopolitical tensions are intensif…

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Profile: Ian Slater of Compass’ Trove Partners – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Profile: Ian Slater of Compass’ Trove Partners

We introduce Ian Slater, a leading estate agent at Compass’ Trove Partners, and his successful career in the New York residential property market.

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Real Estate Marketing: Perfection Can Arouse Suspicion – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Real Estate Marketing: Perfection Can Arouse Suspicion

A recent analysis suggests that overly flawless real estate marketing could undermine potential buyers' trust, rather than strengthen it.

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UK Residential Property Prices: Growth Slows to 1.4 Percent – AI-generated illustrative image
AI generated
Market analysis
·1 min read

UK Residential Property Prices: Growth Slows to 1.4 Percent

Growth in UK residential property prices slowed to 1.4 percent in July, while London recorded price declines for the eleventh consecutive month.

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Durden & Hunt Expands with Acquisition of Diggins & Co in Essex – AI-generated illustrative image
AI generated
Transaction
·1 min read

Durden & Hunt Expands with Acquisition of Diggins & Co in Essex

Durden & Hunt has acquired the South Essex-based estate agency Diggins & Co, thereby expanding its network in the region.

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Property listings in England rise by 16 per cent in early September – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Property listings in England rise by 16 per cent in early September

The number of properties for sale in England increased significantly by 16 per cent in the first two weeks of September.

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Sales Activity in Prime London Reaches Lowest August Level Since 2008 – AI-generated illustrative image
AI generated
Market analysis
·1 min read

Sales Activity in Prime London Reaches Lowest August Level Since 2008

The Prime London property market recorded its weakest sales performance in almost two decades in August, with transactions falling to 2008 levels.

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Davis Tate Appoints Marc Williams as Sales Director – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Davis Tate Appoints Marc Williams as Sales Director

Davis Tate has appointed Marc Williams as Sales Director for its network of nine branches across Oxfordshire and Berkshire.

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IMG Worldwide Renews Lease for 90,202 Square Feet at SL Green's 304 Park Avenue South – AI-generated illustrative image
AI generated
Leasing
·2 min read

IMG Worldwide Renews Lease for 90,202 Square Feet at SL Green's 304 Park Avenue South

Global talent agency IMG Worldwide has renewed its lease for 90,202 square feet of office space at SL Green's 304 Park Avenue South building.

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George Soros offers Argonaut Building for sale for around $100 million – AI-generated illustrative image
AI generated
Transaction
·2 min read

George Soros offers Argonaut Building for sale for around $100 million

George Soros's Soros Fund Management has put the landmarked Argonaut Building in Midtown Manhattan on the market for approximately US$100 million.

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Resistance to Building Projects in South Florida: NIMBYism Grows in a Development-Oriented Region – AI-generated illustrative image
AI generated
Market analysis
·4 min read

Resistance to Building Projects in South Florida: NIMBYism Grows in a Development-Oriented Region

Despite long-standing, development-friendly policies, West Palm Beach and Miami Beach face increasing resistance to building projects, exacerbated by a contr…

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Greenberg Traurig expands office space in One Vanderbilt to 133,000 sq ft – AI-generated illustrative image
AI generated
Leasing
·2 min read

Greenberg Traurig expands office space in One Vanderbilt to 133,000 sq ft

The law firm Greenberg Traurig has significantly expanded its presence in the New York skyscraper One Vanderbilt by leasing additional space, now occupying a…

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US Interest Rate Hike: Commercial Real Estate Market Adjusts to New Realities – AI-generated illustrative image
AI generated
Market analysis
·4 min read

US Interest Rate Hike: Commercial Real Estate Market Adjusts to New Realities

The US Federal Reserve has raised its key interest rate for the first time since 2023, leading to adjustments in the commercial property market but unlikely…

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CIBC refinances SkyREM industrial portfolio with $102 million – AI-generated illustrative image
AI generated
Transaction
·1 min read

CIBC refinances SkyREM industrial portfolio with $102 million

SkyREM has secured $101.8 million in refinancing for a 1.9 million square foot industrial portfolio on the US East Coast.

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Nearwater Management Leases 37,563 SF at SL Green's 245 Park Avenue – AI-generated illustrative image
AI generated
Leasing
·1 min read

Nearwater Management Leases 37,563 SF at SL Green's 245 Park Avenue

Nearwater Management is expanding, moving within SL Green Realty's portfolio to the 245 Park Avenue building in Midtown Manhattan.

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Former CBRE UK Head Joins Proptech Company as Advisor – AI-generated illustrative image
AI generated
Investment
·2 min read

Former CBRE UK Head Joins Proptech Company as Advisor

Ciaran Bird, formerly Head of CBRE UK & Ireland Advisory, has joined the proptech company LightWork AI as a strategic advisor.

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US Apartment Rents Fall for First Time in Eight Months: Report – AI-generated illustrative image
AI generated
Market analysis
·2 min read

US Apartment Rents Fall for First Time in Eight Months: Report

Average apartment rents in the US saw a slight decrease in August, but continue to show annual growth.

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RSM UK Calls for Tax Policy Review to Revitalise Property Market – AI-generated illustrative image
AI generated
Market analysis
·2 min read

RSM UK Calls for Tax Policy Review to Revitalise Property Market

RSM UK appeals to the government to prioritise a comprehensive review of tax policy to stimulate the stagnant British property market.

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Watch Brand Fossil Renews Lease for 1,378 sqm Showroom on Fifth Avenue – AI-generated illustrative image
AI generated
Letting
·1 min read

Watch Brand Fossil Renews Lease for 1,378 sqm Showroom on Fifth Avenue

The well-known watch brand Fossil has extended its lease for the showroom on the entire second floor of 366 Fifth Avenue in Midtown Manhattan.

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JLL's Matt Landek Takes Helm at L5 Mission Critical – AI-generated illustrative image
AI generated
Transaction
·1 min read

JLL's Matt Landek Takes Helm at L5 Mission Critical

L5 Mission Critical, a new data centre operations and management company, has appointed Matt Landek as its first President and CEO.

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Prologis Acquires Warehouse Near JFK Airport for US$49 Million – AI-generated illustrative image
AI generated
Transaction
·1 min read

Prologis Acquires Warehouse Near JFK Airport for US$49 Million

Prologis has acquired a last-mile logistics centre near John F. Kennedy International Airport in Queens from Wildflower for US$49 million.

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Former CBRE UK Head Becomes Strategic Advisor at Proptech Company – AI-generated illustrative image
AI generated
Investment
·1 min read

Former CBRE UK Head Becomes Strategic Advisor at Proptech Company

Ciaran Bird, who led CBRE's advisory business in the UK and Ireland for over twelve years, is joining the real estate technology company LightWork AI as a st…

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Global branded residences market expected to expand – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Global branded residences market expected to expand

The global market for branded residences is set for significant expansion, increasingly focusing on lifestyle destinations beyond traditional metropolises.

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