2023 REAL ESTATE TOP 150 RANKING: 32
Union Investment has extended the lease with its current tenant teleffekt.
Gesellschaft für Direkt-Marketing mbH for 1,567 sq m of office space in Düsseldorf’s Global Gate III by five years ahead of schedule. The ten-storey office building has been part of the portfolio of the open-ended mutual property fund immofonds 1, which is distributed exclusively in Austria, since 2017.
You can now read the full press release at the link below
The positive trend in European retail markets is becoming more entrenched. In the third quarter of 2024, the Global Retail Attractiveness Index (GRAI) for Europe stood at 114 points, 1 point higher than in the previous year (Q3 2023: 113 points). In eight of the European markets covered by the Union Investment and GfK retail index, the index showed moderate to strong gains.
The positive trend in European retail markets is becoming more entrenched. The signs of recovery that emerged in the first quarter of 2023 gained in strength and breadth in Q2 2023. This upward trend then continued in the majority of countries in the first quarter of 2024.
Decarbonisation, digitalisation and demographic change: the property industry is facing a wide range of transformation challenges.
Copyright © 1997–2024 IPE International Publishers Limited, Registered in England, Reg No. 3233596, VAT No. 685 1784 92. Registered Office: 1 Kentish Buildings, 125 Borough High Street, London SE1 1NP
