DMGT said it ‘plans to invest substantially in Telegraph Media Group with the aim of accelerating its international expansion’ - Geoff Pugh for The Telegraph The Daily Mail owner Lord Rothermere has entered exclusive discussions to acquire The Telegraph for £500m. Lord Rothermere’s holding company DMGT said it “plans to invest substantially in Telegraph Media Group with the aim of accelerating its international expansion”. The company is in talks with RedBird IMI, the joint venture between the United Ar ...

Core Insights - Newmark Group facilitated the $150.7 million sale of i|o at Playa Vista, marking the highest sale price in Los Angeles year-to-date [1] - The transaction reflects strong institutional investor interest in the office sector, indicating a recovery in capital markets for quality office products [3] Company Overview - Newmark Group, Inc. is a leading commercial real estate advisor and service provider, generating over $2.8 billion in revenues for the twelve months ended March 31, 2025 [6] - The company operates from 165 offices with approximately 8,100 professionals across four continents [6] Transaction Details - The i|o campus spans 306,809 square feet and has maintained an average occupancy level of over 90% since its redesign in 2016 [3] - The property has attracted 78,000 square feet of new leasing over the past 24 months at market-leading rates [3] Market Trends - Trophy buildings in prime locations like Playa Vista are outperforming other asset classes due to strong demand for high-end design and amenities [5] - The competitive bidding process for the i|o campus indicates a broader recovery in the office market, with institutional investors willing to accept leasing uncertainty [3]