The value of commercial property deals in Melbourne has increased by 55 per cent in Q1 of 2014 and doubled in the past 12 months. Research conducted by Knight Frank indicates that property with a value of over $1.8 billion changed hands during this... Read More
Record price sought for 8 Canada Square Canary Wharf’s HSBC building is on the market for offers over £1.1 billion. If the price is realised it will be a British record for a single asset, reflecting the current strength of the London market. The... Read More
A consortium of private investors has paid more than a quarter-of-a-million pounds for the Art Deco former Dock Office building at Salford Quays. The iconic Grade II listed building was once part of a debt-ridden property portfolio sold on by Lloyds... Read More
Commercial real estate is increasingly regaining its popularity among investors. These investors have been able to create wealth by finding quality properties where they can generate a high level of returns. For those who are new to commercial real... Read More
The Welsh Government has paid just over £12m for one of the country’s largest business parks as part of its campaign to attract inward investment. Its latest land deal comes just 48 hours after the authority spent £1.55m to acquire the site of a former... Read More
The Boston Globe has hired commercial real estate firm Colliers International to identify potential buyers for the newspaper's Morrissey Boulevard headquarters. CEO Mike Sheehan has stated that selling the 16.5 acre site in the Dorchester section of the city... Read More
Increasing investment in UK commercial property is expected to push prices higher throughout 2014. London will continue to be the focus of interest, particularly in the case of overseas investors, but the regional markets will also benefit as investors look... Read More
Development Securities has acquired The Mall Shopping Centre in Armagh, Northern Ireland for £7.4 million. The Mall was first built in 1998, and since then has grown in prestige with the result that it now generates a net operating income of £748,000 per... Read More
Nuneaton and Bedworth Council has become one of the first local authorities in the country to launch a pioneering property business. Profits raised from the venture will go toward funding council services. Nuneaton Town Hall: The council believes the new... Read More
Belfast’s Obel tower — the tallest building in Ireland — has been sold for more than £20m. Part of a mixed-use development, it is thought that as many as 15 individuals and institutions had posted bids for the Donegall Quay site. The exact sale... Read More
