The average Revenue per available rental night (RevPAR) in 2023 was €90, which shows a 9.8% year-on-year increase and an incredible 36.8% increase from 2019.

The purchase price amounted to €2.8 million.

The property is an independent southern part of the total area of 915,099.72 sq.m., with a total area of 276,492.70 sq.m.

Although office vacancy rates are rising around the world, the trend is not a simple one.

An important factor for the rapid increase in sales prices is the ever-increasing cost of construction and energy.

According to Savills the outlook for global property is becoming more positive.

Household net wealth in euro area increased by 29% over last five years, with homeowners’ net wealth increasing more than that of non-homeowners.

Hawthorne House is being built in Farthingale Walk, Stratford, and is replacing the former office block Jubilee House, which has now been demolished.