VTB Bank has signed a prelet on 70,000 sq ft of refurbished office space at the 12 Cornhill building owned by IVG Asticus. The Times
It is paying £67/sq ft — close to a four-year high for a City rent. DTZ advised on the letting with Savills.
Listed property companies faced another day of uncertainty on Friday as the fallout from Prime Minister Teresa’ May’s Brexit withdrawal bill continued.
A South Korean consortium comprised of IGIS and Hana Financial Investment has acquired the 45-storey Trianon skyscraper in Frankfurt from NorthStar Realty Europe for €670m (£595m).
Montagu Evans has appointed Craig Wallace, a former director at JLL, as a partner in its planning and development consultancy team in Scotland.
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