Aroundtown’s Post

Two new #tenants for #Cologne office building "Gereon". Jamestown and kölnmetall | Arbeitgeberverband der Metall- und Elektroindustrie Köln e. V. have rented a total of 2,200 square meters of office space in Cologne city center. Around 2,200 square meters of office space have been newly rented in the "Gereon" office building in Cologne city center. The new tenants include the German-American real estate company Jamestown and Kölnmetall, the employers' association for the metal and electrical industry in Cologne. Jamestown is moving around 1,200 square meters and is relocating its location from Marienburg to the centrally located Gereonstrasse. Kölnmetall will use 1,015 square meters and leave its current location on Herwarthstrasse. The #property comprises around 6,900 square meters of office space on six floors, including a roof terrace with a view of Cologne Cathedral. Other tenants include the Federal Police and Novolos 01 GmbH. Savills acted as a lead advisor to the landlord and also supported Jamestown in the leasing process. BNP Paribas Real Estate supported Kölnmetall in the brokerage process. https://lnkd.in/eUufnpsp

#FutureSydney. Plans for Sydney’s TWO tallest ever skyscrapers. ✔️ Sydney’s skyline could be transformed with 2 new skyscrapers at the northern end of the CBD. Plans have been put forward by Lendlease and Dexus for 318 metre and 310 metre towers. The proposed development from Lendlease, named the O’Connell Precinct is for the taller 72-storey office tower. Located on O’Connell, Spring and Bent Streets the tower would accommodate 9000 workers. The proposal from Dexus is named ‘Pitt & Bridge’ and is to develop a 310 metre ‘green and global premium office tower’ with 90,000 sqm of office space and ground floor retail. The current skyscraper limit in Sydney is 200 metres. But provisions could be made to allow buildings taller than 300 metres. A City of Sydney spokesperson says this forms the first major planning review of the CBD in 45 years. Premier Chris Minns has said ‘he would like to see the buildings up and running’. Rendering: Showing the proposed tower from Dexus.

Castleforge's Founding Partner Michael Kovacs sat down with CoStar News Paul Norman to discuss the latest on our 75 London Wall Street project and the future of office real estate, including the new priority placed on amenities, flexible space, and #ESG. When asked about amenities, Michael said:   "Location is the biggest amenity. An A building in an A location is obviously best. But next in the pecking order, I think if it is an A building in a B location or a B building in an A location then the latter is less likely to be empty."   Read the full article here: https://lnkd.in/d-eSbFEN

Brookfield Properties secures approval for 54-storey tower at 99 Bishopsgate. Plans for the redevelopment of 99 Bishopsgate have been approved today by the City of London’s Planning Committee. The scheme will deliver over 1 million sq ft of best-in-class office space, alongside more than 60,000 sq ft of vibrant public and cultural amenities, reshaping the northern gateway to the City. Read more: https://bit.ly/3EsSvym #cityoflondon #londonrealestate #bishopsgate #realestatedevelopment #thecity #londonoffices

Brookfield Properties has secured planning consent for the redevelopment of 99 Bishopsgate in the City of London. Designed by RSHP, the scheme will deliver more than 1m sq ft of best-in-class office space, alongside more than 60,000 sq ft of public and cultural amenities, and extensive public realm enhancements, including a seven-day-a-week City Market.

Pixida Group rents offices in Munich's Skyline Tower. Pixida is moving its headquarters to the “Skyline Tower” in Schwabing. The #technology company is renting 3,000 square meters from Bayerische Hausbau GmbH & Co. KG. The Munich-based technology group Pixida has rented around 3,000 square meters of office space in the Skyline Tower in Schwabing. The office #building, which is part of the "THE m.pire" complex, was redesigned by Bayerische Hausbau Real Estate: From a former single-tenant building, the 23-story high-rise has developed into a multi-tenant property with new services and meeting areas. For Pixida, the proximity to the previous location played a key role. The flexible office space also enabled the company to design the new premises according to its own requirements. Cushman & Wakefield managed the leasing on the owner side, while Colliers supported the tenant side. https://lnkd.in/emszx8Gk

#Hamburg: Edge Hafencity goes to PIMCO: PIMCO Prime Real Estate secures a 22,500 square meter #office #building in Hamburg's Hafencity from project developer EDGE. The real estate investor Pimco Prime Real Estate has taken over the "Edge Hafencity" project in Hamburg. The #property, designed by Henn Architects, comprises around 22,500 square meters of office space. With a focus on #sustainability and the well-being of the tenants, the building has already been pre-certified with the WELL Core in platinum and awarded the Hafencity Ecolabel in platinum. Together with the "Edge Elbside", the building forms the gateway to the Elbbrückenviertel. Current tenants include the law firm Fieldfisher, Fieldfisher X, the #environmental company Veolia and EDGE Workspaces. "'Edge Hafencity' meets a clear need for prime office properties in the attractive Elbbrückenviertel and is a very good addition to our #German portfolio," says Nicole Pötsch of Pimco. "The project supports Pimco Prime Real Estate's focus on developing outstanding, #sustainable buildings that create long-term value for our institutional #investors as well as tenants, local communities and other key stakeholders." "Hamburg's Hafencity is based on a fantastic urban development concept that offers a great location and atmosphere for our smart and sustainable buildings," comments Edge CEO Dr. Andreas Muschter FRICS. "As the demand for modern and flexible design that increases productivity remains high, 'Edge Hafencity' will become a real center for innovation."

Two sub-leases secured in Melbourne’s South East - Colliers Two prime-grade offices/warehouses, 17 Pacific Drive, Keysborough, and 48 Goodall Close, Dandenong South leased negotiated by Colliers agents Sam Hibbins, Luke Lowden, and Gordon Code. Colliers Industrial Associate Director Luke Lowden highlighted one of the excellent features of these sub-lease spaces. "The clear separation of the lettable area, hardstand access, and loading faces ensure that the existing and incoming occupiers can operate their businesses with minimal disruptions." Colliers Industrial Associate Director, Sam Hibbins, commented Sub-leasing excess space allows companies to avoid paying for unused space, such as surplus office areas, and provides flexibility in their operational footprint. "Sub-leasing can offer several benefits in the current market. Businesses can occupy premium industrial spaces without the financial burden of unused areas," added Colliers Industrial National Director Gordon Code. Read more on The industrialist - https://lnkd.in/gnAXhJmq Gavin Bishop Taylor Bass Sean Thomson, Jessica Evans, Jade Irvine, Joshua Devitt, Jesse Osborne, Michael Crombie, Trent Gallagher, Daniel Telling, David Brisk, Nick Evans, Tom Barrett, Paul Tierney, Sam Hammond Paul McGlynn COMMO #colliers #leased #sublease #warehouse #realestate #market #mebourne #melbourerealestate #office #industrialnews #industrialleasing #industrialrealestate #industrialproperty

More of this please - Increasingly post-covid we need to be looking at existing building stock and converting single-use, underused office buildings into more sustainable, mixed-use buildings which help create more vibrant neighbourhoods. Perhaps not like Canary Wharf but certainly plenty of underused, semi-redundant buildings in Belfast and Dublin!

A-rated industrial facility in southwest Dublin likely to appeal to occupiers: Shortage of quality stock is likely to spur interest in unit at Greeogue Business Park following refurbishment by Kennedy Wilson https://lnkd.in/e9BAcpEe