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.
Irish lender Permanent TSB Group Holdings Plc has hired Morgan Stanley to sell its commercial real estate and subprime residential mortgage loan books, which have a combined face value of approximately €2.6bn. Most of the loans are non-performing and are... Read More
Bewley’s has had its “landmark” victory against endless upward only rent rises overturned by the Irish Supreme Court. The coffee company says it now faces a €1.5m (£1.2m) annual rent bill for its flagship Dublin premises. Last year the company... Read More
Apollo Commercial Real Estate Finance, Inc. (ARI), which specialises in high performing US property, has announced that it has closed on two commercial loan transactions worth $93.4 million. The company has also acquired commercial mortgage backed securities... Read More
Silverstein Properties' $2.3 billion development of Richard Rogers’ 3 World Trade Center has taken a major step forward after the Port Authority of New York and New Jersey gave the go-ahead for an amendment to the financial agreement between the two... Read More
CBRE has been retained by CommonWealth REIT to provide property management services for the trust’s 42.9 million sq ft portfolio, which consists primarily of office buildings located throughout the United States. As part of its business plan,... Read More
With banks pumping billions of dollars into the commercial property sector, Westpac and ANZ Bank are taking the lead in increasing their lending practices. There has been little growth in business lending and commercial property is one area outside of the... Read More
Commerzbank has disposed of more than €5bn in property loans in Portugal, Spain, and Japan, as the global banking and financial services company continues to run down the assets in its "bad bank." The Frankfurt-based lender has announced that it... Read More
The global real estate investment trust Prologis has signed two deals to deliver almost a million sq ft of build-to-suit logistics space in China and Mexico. The biggest contract is for a 500,000sq ft distribution centre in Mexico’s third largest... Read More
The U.S. Bank Plaza in Minneapolis has received LEED Gold certification. Real Estate firm Hines made the announcement about the designation received from the U.S. Green Building Council under the Existing Buildings Rating System. The Class A office... Read More
An Irish property developer is lining up his re-entry into the office construction market after nearly €400m (£320m) of his personal debts were transferred to the National Asset Management Agency (NAMA) during the financial crisis. Johnny Ronan has... Read More
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.
