The Property Ticker: Blackstone sells €310m pan-European logistics portfolio; Prime regional office rents to continue to perform; Canary Wharf lands PwC for 350ksqft London office move... and more

Research evidence excerpt

The Property Ticker: Blackstone sells €310m pan-European logistics portfolio; Prime regional office rents to continue to perform; Canary Wharf lands PwC for 350ksqft London office move... and more

ucing assets remains resilient thanks to strong income returns,

limited prime supply, and improving long-term fundamentals. (Source: CoStar)

• Edmond de Rothschild REIM goes again with Barnsley warehouse buy: Edmond de

Rothschild REIM has acquired an 86,000 sq ft refurbished warehouse in Barnsley for

£6.4m on behalf of its pan-European real estate strategy. The asset, located near Junction

37 of the M1 and fully let to Tesco-owned Booker on a lease with 14 years remaining,

provides secure long-term income backed by a strong covenant. The acquisition aligns

with the firm's focus on income-producing assets with durable cash flows and follows its

stated plan to deploy a further £100m into real estate over the next 12 months. (Source:

CoStar)

• Canary Wharf lands PwC for 350,000-square-foot London office move: PwC UK has

agreed to lease 350,000 sq ft at One Eden in Canary Wharf, securing high-quality,

sustainable office space to accommodate staff during the planned refurbishment of its

Embankment Place headquarters from 2030 and ahead of the expiry of its More London

lease in 2035. The deal is another major endorsement of Canary Wharf's office market,

reflecting continued demand for best-in-class workspace from blue-chip occupiers. It

also caps a strong period of leasing momentum for the estate, following major

commitments from Visa, JP Morgan and Barclays, helping Canary Wharf achieve its

strongest office leasing performance in over a decade. (Source: CoStar)

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Morgan research from Bloomberg Finance L.P.