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Office Market News

With eight new acquisitions, IMMOFINANZ extends its STOP SHOP portfolio to 80 locations

IMMOFINANZ continues to expand its successful portfolio of shopping centers under the brand STOP SHOP and has now purchased eight shopping centers in Slovenia, Serbia and Croatia. The total purchase price is approximately € 90.5 million.

How Blackstone paid for The Ritz-Carlton on Maui

Blackstone Group paid a reported $275 million to purchase the The Ritz-Carlton, Kapalua on Maui last month and financed the deal with a securitized debt package from Goldman Sachs.

Amazon's HQ2 is a Split Decision, New York and Northern Virginia Win Bids

This week Amazon announced their final selection for the location of their second headquarters. In a change to the original plan, Amazon decided to split the location of their new headquarters between two cities choosing New York and Northern Virginia.

Top build-to-rent performance is built behind the scenes

The Grenfell tragedy and Dame Judith Hackitt’s recently published review on building regulations and fire safety highlights the responsibilities of landlords and the importance of good management.

Vítkova CPI will pay off all its bonds worth 8.5 billion by the end of November. Money wants to get on the capital markets

Real estate company Czech Property Investments, which is a subsidiary of CPI Property Group, controlled by billionaire Radovan Vítek, will pay all its bonds at the end of November. Creditors will pay approximately CZK 8.5 billion.

Bakala sold real estate in Karlin

Businessman Zdeněk Bakala sold a real estate complex in Prague Karlin to Amundi Czech Republic real estate fund. Part of the Forum is the multifunctional forum of Karlín, Šárka Samková's spokeswoman Bakal said. Both sides agreed not to publish the transaction price.

It’s Possible to Design a Workspace That Employees Love. Here’s How.

THERE WAS A TIME when a good salary and health care plan were enough to attract almost any employee. But in today’s ultracompetitive recruiting environment, top talent often seek benefits that go beyond monetary compensation.

WeWork lands another big tenant

The business catering service ezCater will lease all 100,000 square feet of space that WeWork is scheduled to open early next year at 40 Water St. in downtown Boston, with room for up to 750 employees on four floors.
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