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.
Offices, warehouses, hotels and shops valued at 30.8 billion euros changed hands in Germany in 2013. This was the highest level since 2007, as buyers sought to take advantage of low interest rates and sellers benefitted from rising prices. Commercial... Read More
So many properties have been listed on a recently launched internet auction site that the Dubai government has been forced to schedule two more virtual sales. The country’s eMart was unveiled last November and held its first sale of commercial and... Read More
Nigeria is now the most expensive country in sub-Saharan Africa to rent commercial office space, a new survey claims. The report, by Broll Property Services, says that businesses are now paying $37 a month for a square metre of Grade A office space in... Read More
Ireland’s National Asset Management Agency (NAMA) generated almost €6bn last year from rents and by selling off chunks of its vast property portfolio. Overtaken by controversy almost from the day it was created in 2010, the state’s so-called... Read More
The Royal Bank of Scotland has announced that it has sold almost 100 branches located in the Chicago area of the United States as part of the process of gearing up towards the stock market flotation of its American RBS Citizens Financial Group arm later this... Read More
In spite of concerns regarding the oversupply of office space, commercial property in Malaysia continues to offer lucrative returns to investors. According to investment professional Renesial Leong, commercial property offers a return of 5-7 per cent.... Read More
An Irish city has declared itself “open for business” by setting the lowest commercial rate in the country's history. The landmark 15.8 per cent reduction in commercial rates now makes Limerick the cheapest place in Ireland to own and manage retail... Read More
Australian commercial property sales hit the $17 billion mark in 2013. This figure includes retail, offices, industrial and hotel assets and compares to the record levels set in 2012 of $20.6 billion. Furthermore, early indications point to 2014 being another... Read More
Capitalising on its winning bid to stage Expo2020, Dubai has opened the first freehold commercial property in the centre of Deira. The 12-storey Centurion Star Tower is a joint venture between Royal Star International and Centurion Residence Limited... Read More
The US office market has been on an upward curve since the economy began the slow recovery from recession. November's employment figures were much better than expected with 203,000 jobs created nationwide. In October 200,000 jobs were added, which... 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.
