Worldwide Property News


While our primary focus is the UK commercial property market we will occasionally carry international stories. In the Worldwide News category you can read articles exploring global market developments or looking at a particular overseas commercial property story that has caught our attention.


Growth of High-Tech Sector drives US Office Market

Posted on 31 August, 2014 by Jodee Redmond under Worldwide Property News

CBRE has published a research report entitled, U.S. Tech-Twenty: Measuring Office Market Impact, which shows that high-tech employment growth has played a pivotal role in the recovery of the office market. It has also helped to generate rent increases... Read More

Canadian Private Investors outstrip Pension Funds

Posted on 30 August, 2014 by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

Private investors in the Canadian commercial property market outstripped the country’s big pension funds in the last quarter, overturning the prevailing trend of the previous quarter. In the first quarter of 2014, pension funds dominated the market,... Read More

German Fund wins Bidding War for Landmark Auckland Tower

Posted on 24 August, 2014 by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

A German investment fund has paid £74m for Auckland's landmark Lumley Centre office block in what is claimed to be New Zealand’s biggest commercial deal for more than six years. One of only five premium office towers in the North Island city, the... Read More

Cape Town Granary Building to be leased to Tutu Foundation

Posted on 23 August, 2014 by Jodee Redmond under Worldwide Property News

The City of Cape Town has announced that it is considering offering the Desmond & Leah Tutu Legacy Foundation a long-term lease on The Granary. The building, which was built in 1812, is one of the oldest and most important historical structures in the... Read More

San Francisco Rental Values set to surpass Manhattan

Posted on by Cliff Goodwin under Worldwide Property News

A surge in west coast leasing by high-tech companies looks set to make San Francisco the most expensive US office location. According to brokers CBRE, it will be the first time in more than a decade that Manhattan has lost its number one spot as America’s... Read More

US extends Terrorism Insurance Scheme for Commercial Property

Posted on 16 August, 2014 by Cliff Goodwin under Worldwide Property News

The US Senate has agreed to extend a government-backed insurance scheme to compensate commercial property owners in the event of a terrorist attack. First introduced in 2002, the scheme was devised to calm the insurance markets after the 11 September... Read More

Ottawa Office Vacancy Rate hits Double Digits

Posted on 10 August, 2014 by Jodee Redmond under Worldwide Property News

The office vacancy rate in Canada’s capital has hit 10.6 per cent, according to the latest office report released by Colliers International. Vacancy rates were up in all sub-markets in Q2 of this year, except for the fringe core, which includes... Read More

Melbourne Sales almost double as Offshore Investors pour into Market

Posted on by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

Sales of Melbourne commercial real estate have nearly doubled over the year to June, according to agents. During the last financial year, more than $6.6 billion in retail, industrial, and office transactions were finalized, compared with $3.77 billion... Read More

New US Lenders focus on ‘Mom and Pop’ Investors

Posted on 9 August, 2014 by Jodee Redmond under Worldwide Property News

A group of US lenders is focusing on loans for smaller properties, which is good news for ‘mom and pop’ type investors. These lenders, including ones controlled by Guggenheim Partners LLC, Sabal Financial Group LLC, and Waterfall Asset Management,... Read More

Is Google among the World’s Top Ten Property Owners?

Posted on 5 August, 2014 by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

Internet giant Google — better known for buying out internet rivals and software companies — has now turned its attention to commercial property. In the second quarter of this year alone it spent $2.6bn (£15.4bn) on capital expenditure. Although... Read More

Learn more about our Worldwide Property category

The ups and downs of the international commercial property market are closely related to the global economy. However the picture is not always uniform. While demand can be low in one country it can outstrip supply in another.

In this category we report on these trends and the outlook for the occupier and investment markets in Europe, the Far East and elsewhere. We also cover individual commercial property stories from around the world.

These might be articles looking at office developments in global financial centres like New York, Paris and Frankfurt. Equally they could focus on worldwide retail, industrial or leisure developments. You will also find related human interest stories in this category.