LONDON-The investment firm takes up the new Drapers Gardens building in the City of London and could show signs of a leasing shift in the area.
The 49 pounds-per-square-foot lease is through Songbird Estates and partner Exemplar Development provides free rent for the 36 months and a five-year lease review. Noting the competition for the space, the article says that Blackrock beat out Australian bank Macquarie Group.
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By Adele Carter | July 24, 2018
"We believe the acquisition provides diversity and attractive risk adjusted value for our investors and we anticipate continuing to pursue actively investment opportunities in the London market.”
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LONDON—Acoustic filters help reduce noise levels and thoughtful design means that people don't need to sit by a window to get natural light, said one source when talking about office space trends.
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LONDON—Dispositions of French commercial property returned 9% in the 2015 full year, but income return on leases was weak.
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