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.


UBS Moving into Chinese Commercial Real Estate Market

Posted on 21 June, 2014 by Jodee Redmond under Worldwide Property News

UBS AG, the biggest bank in Switzerland, has plans for expanding its Chinese property investment business into the commercial property market. Investor demand is increasing in the office, retail, and industrial sectors, and the supply of assets is... Read More

New York Commercial Property Overvalued say Real Estate Execs

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

If you were to ask New York commercial real estate executives what they think about prices in the Big Apple, more of them are likely to say that property is overvalued in comparison with other major urban centres around the world. Many of them believe that... Read More

China Building Half of World’s Shopping Malls

Posted on by Cliff Goodwin under Worldwide Property News

Communist or former communist states are proving the hungriest when it comes to developing western-style shopping malls — with China leading the pack with almost 19 million sq ft of retail space under construction. According to the international real... Read More

US Tech Start-Up streamlines Property Viewing with Video Tours

Posted on 15 June, 2014 by Jodee Redmond under Worldwide Property News

Former real estate broker-turned-entrepreneur Nick Romito saw a need in the market and came up with way to meet it. He founded a company, View the Space (VTS), in 2012, which started offering motion picture-quality video tours of commercial properties. His... Read More

Two-Paced Recovery leaves 28,000 Irish Commercial Properties unoccupied

Posted on 14 June, 2014 by Cliff Goodwin under Economy, Worldwide Property News

Ireland’s stockpile of vacant commercial buildings has reached almost 28,000, despite the shortage in Dublin being classed as “severe” and a number of other cities warning they will have no prestige offices by the end of the year. A new report... Read More

IKEA turns to Malls to boost Chinese Growth

Posted on by Cliff Goodwin under Business News, Worldwide Property News

IKEA — the world's largest furniture retailer — is preparing to open its first shopping mall in China as part of a £952m shift in its Asian retail strategy. Two more shopping centres will follow next year. The Swedish furniture chain has confirmed... Read More

Avida Land recognised at Asia Pacific Property Awards

Posted on by Jodee Redmond under Worldwide Property News

Avida Land, a leading development company known for its thoughtful approach to its projects, was recognised at the recently-held Asia Pacific Property Awards 2014-2015. This is the second year in a row that the company has won awards. Avida was recognised... Read More

Skyscraper marks South Africa’s Return as a Global Player

Posted on 11 June, 2014 by Cliff Goodwin under Worldwide Property News

Cape Town has opened South Africa’s first high-rise office building for more than two decades. It’s hoped the completion of the 32-floor Portside Tower will now trigger a return of international business investment to the republic. “Investing in... Read More

Resilient Property Income Fund buys Pretoria Jubilee Mall

Posted on 8 June, 2014 by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

South African retail property specialists, Resilient Property Income Fund, has completed the negotiations to buy Jubilee Mall in Hammanskraal, located north of Pretoria, from NAD Property Income Fund.. According to the company, the acquisition is part of the... Read More

Apple agrees Sunnyvale Campus lease

Posted on 1 June, 2014 by Jodee Redmond under Worldwide Property News

Apple is preparing to move into a seven-building campus in Sunnyvale, California. The tech company will move as many as 1,450 workers into the new premises, according to commercial property sources and city documents. This deal is the latest sign of... 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.