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.


Chinese Developer buys Majority Stake in Chicago Waterfront Scheme

Posted on 20 July, 2014 by Jodee Redmond under Worldwide Property News

Wanda Commercial Properties,the Chinese real estate developer, has agreed to buy a 90% share in a Chicago waterfront project. The site will include high-end residential units, as well as commercial space and a hotel. The company chairman has said that... Read More

NYC Real Estate Professionals dismiss Global Property Measuring Standard

Posted on by Jodee Redmond under Worldwide Property News

The International Property Measurement Standards Coalition, a nonprofit group made up of 45 national and international real estate organizations, is seeking to put into effect a standard system of measurement for the worldwide office market. The goal... Read More

California start-up launches app for Property Managers

Posted on 19 July, 2014 by Jodee Redmond under Worldwide Property News

Visual Mobile Technologies, a California startup, has completed beta testing of software that will allow property managers to document issues and manage maintenance workflow. The product, called vMobile Collaborator, which users have been able to... Read More

SEB buys Anson House as Singapore Market heats up

Posted on by Cliff Goodwin under Worldwide Property News

CBRE Global Investors has sold a 13-storey office block in the heart of Singapore’s central business district for $172m (£100m) — less than three years after it paid just $148m (£86m) for the property. Anson House was bought by Frankfurt-based... Read More

Commercial Development is booming in China’s rapidly growing Cities

Posted on by Jodee Redmond under Worldwide Property News

The skylines of China’s rapidly growing cities are constantly changing as new construction projects are progressing. New office buildings, retail malls, and housing projects are being built at such a rapid rate that, according to CBRE, of the... Read More

Strong New Zealand investor demand drives yields below 5 per cent in Queenstown

Posted on 13 July, 2014 by Jodee Redmond under Worldwide Property News

Bayleys Research says that a healthy level of investor interest in New Zealand has pushed commercial property yields below the 5% mark in Queenstown. The latest report on the district's property market notes that the CBD in general is sought after, but... Read More

Dubai Unveils World’s First Climate-Controlled City

Dubai-Unveils-Worlds-First-Climate-Controlled-City
Posted on by Cliff Goodwin under Worldwide Property News

First it was the world’s tallest building, then a hotel shaped like a sail. Now, even before work has finished on its palm tree shaped archipelago of luxury properties, Dubai has unveiled plans for its biggest project yet - the world’s largest shopping... Read More

Demand for U.S. Office Space Bounces Back in Q2

Posted on 12 July, 2014 by Jodee Redmond under Worldwide Property News

U.S. commercial real estate services provider, Cassidy Turley, reports that demand for office space in that country rose sharply in the second quarter of this year. It also stated that development of new office buildings is "accelerating." U.S. office... Read More

Wave of Lease Agreements confirms Mall of Scandinavia as the Home of the Flagships

Posted on 9 July, 2014 by Kirsten Kennedy under Commercial Developments, Worldwide Property News

As the economic recovery continues to take hold  throughout Europe, a number of hotly anticipated new retail developments have sprung up to boost local economies. One of the most exciting is the Mall of Scandinavia, in Stockholm, which has been given... Read More

Manhattan’s 530 Fifth Avenue sold for $595m

Posted on 6 July, 2014 by Cliff Goodwin under Worldwide Property News

The four-way partnership which owns a 26-storey office and retail building on Manhattan’s Fifth Avenue has to agreed sell the prestige property for a reported $595m (£349m). The current owners of 530 Fifth Avenue — Rockwood Capital, Jamestown,... 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.