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Office Market News

IMMOFINANZ with significant increase in office portfolio occupancy: plus seven percentage points to 82%

IMMOFINANZ raised the occupancy level in its office standing investments by roughly seven percentage points to nearly 82% by the end of the 2015/16 financial year (as of 30 April 2016). Rentals in the office segment totalled approx. 388,000 sqm, or 29% of the total area, according to preliminary numbers.

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Blackstone Leading Bids for Blanchardstown Centre - Report

Blackstone Group has been chosen as the lead bidder for the Blanchardstown shopping centre in Dublin, according to two people familiar with the sale.

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China Life and Brookfield buy £346m Aldgate Tower

China Life Insurance Company Limited and Brookfield Property Partners have acquired Aldgate Tower from Starwood Capital-backed Aldgate Tower Investments.

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London Records Fastest Growth in Skyscraper Commercial Rents in the World

Commercial rents in London’s prime skyscrapers are rising faster than those in any other global city, according to the latest index specifically for office tower blocks.

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Demand for Office Space in London Remained in Quiet First Quarter of 2016

Demand for office space in London remained robust through the traditionally quiet first quarter of 2016 with 3.1 million square feet leased by companies, a new report shows.

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Retail Cross-Border Expansion is Rising in the Top 50 Global Cities

Asia Pacific remains growth engine of the retail industry, but Middle Eastern cities increasingly lure international retailers

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NewRiver Retail buys London mall for €150mln

UK REIT NewRiver Retail has completed the acquisition of The Broadway shopping centre and Broadway Square retail park in Bexleyheath, south east London, for a total of £120 mln (€150 mln).

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IMMOFINANZ and CA Immo Announce the Commencement of a Process to Combine the Two Companies

Earlier today, IMMOFINANZ AG (“IMMOFINANZ”) announced that it has entered into an agreement to acquire 25,690,167 ordinary shares that represent ca. 26% of the outstanding share capital and voting rights in CA Immobilien Anlagen Aktiengesellschaft (“CA Immo”) from O1 Group Limited and Terim Limited.

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