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.
The tallest building in the Far East topped out on Saturday at twice the height of London’s Shard. The Shanghai Tower is the latest addition to the city’s skyline as China strives to demonstrate its economic ascendancy in soaring steel and... Read More
The most expensive shopping district in the world is not in New York, London, or Paris - it's on Russell Street in Hong Kong. This 150-yard stretch of luxury stores is chock full of designer brands and caters to tourists from mainland China. Over the... Read More
Blue Cross and Blue Shield of Florida is considering buying an unfinished office and retail complex located near the Seminole Towne Center mall. Company officials have announced that it is interested in the complex as a home for its subsidiary Florida Health... Read More
Investors will spend three times as much on commercial property in Ireland in 2013, according to research released by property consultant Savills. Total sales for the year are likely to break the 1.5 billion euros mark, as opposed to 576 million... Read More
Fashion designer Pierre Cardin has bowed to pressure and scrapped his controversial plans to build a skyscraper in Venice. Cardin - along with his architect nephew Rodrigo Basilicati - hoped to erect the 60 storey tower in the mainland district of... Read More
At 500 metres in length, 400 metres wide and 100 metres high, the New Century Global Center almost defies imagination. The total floor space of this colossal structure is 1.76 million square metres, and it has recently been opened to the public in... Read More
The rise in US interest rates has raised speculation in the commercial real estate industry that close to four years of gains in property values may be about to come to a halt, The Wall Street Journal reports. Low rates have been fueling the rise in... Read More
Time Warner is believed to be in advanced talks about shifting its operations to New York’s Hudson Yards development. According to the FT the multinational media corporation is discussing selling its 80 storey Columbus Circle headquarters and taking over 1... Read More
A Middle Eastern bidder has made an astonishing $2.1 billion offer for the Empire State Building. According to the Daily News the identity of the would-be-buyer remains a mystery, but the unnamed group is said to be serious and prepared to enter a bidding war... Read More
Despite signs of a slow-down in the Chinese economy, investors from the country are continuing to target the US commercial property market. Chinese interest in US assets began with a trickle of purchases two years ago but, recently, this has developed into a... 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.
