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.


Plans for Barcelona Space Hotel Provoke Outrage

Posted on 22 May, 2013 by Neil Bird under Worldwide Property News

We are a city of culture insists mayor Barcelona is accustomed to outlandish buildings dividing opinion. After all, this is the city where construction of Antoni Gaudi’s Sagrada Familia Cathedral has been underway for over 130 years. Construction of... Read More

North Jersey Data Centre Landlords Becoming Energy Brokers

Posted on by Jodee Redmond under Worldwide Property News

Location, location, location, has long been the mantra for real estate buyers and tenants alike. Companies wishing to set up shop in prestigious high-rises on Fifth, Madison or Park Avenues have been prepared to dig deeply into their pockets for the... Read More

Tenants Have the Upper Hand in Australian Market

Posted on 21 May, 2013 by Jodee Redmond under Worldwide Property News

When it comes to the current Australian commercial property market, tenants have the upper hand. Landlords have their eyes firmly on the bottom line and want to keep units occupied, and tenants are seizing the opportunity to negotiate lower rental prices.... Read More

New Jersey Retail Property Market Looking Different After Recession

Posted on 19 May, 2013 by Jodee Redmond under Worldwide Property News

As New Jersey emerges from the recession the retail property market is shifting, with the emphasis now on variety rather than large holdings. Furthermore it is now a tenant’s market. In 2002, vacant stores accounted for only about 2 per cent of... Read More

Canadian Finance Minister Unconcerned by REITs Wave

Posted on 18 May, 2013 by Jodee Redmond under Worldwide Property News

Jim Flaherty, the Canadian Finance Minister, says he is not concerned about the recent increase in businesses spinning off real estate holdings into tax-preferred trusts. He stated recently, "We have seen an uptick in commercial real estate certainly in... Read More

Investors Roll the Dice in Las Vegas

Posted on 16 May, 2013 by Jodee Redmond under Worldwide Property News

But are the returns worth the gamble? The commercial property market in Las Vegas has a definite perk for investors: low prices. Office buildings, strip malls, warehouses and other commercial properties are being offered for sale at approximately 20 per cent... Read More

Banks Buying Hong Kong Offices as Rents Rise

Posted on 14 May, 2013 by Jodee Redmond under Worldwide Property News

Banks and insurance companies have launched a strategy to acquire office buildings in Hong Kong. Rents are rising, while the amount of available space is on the decline in the location where occupancy costs are the second-highest in the world. Canadian... Read More

Foreclosures Ahead for US Commercial Property Owners

Posted on 13 May, 2013 by Jodee Redmond under Worldwide Property News

Many small US companies and investors holding commercial properties are facing a financial crisis. Banks usually re-evaluate this type of mortgage loan at the five or 10-year term mark. They have the option of renewing it or asking the owner to pay it... Read More

Danish Firm BIG to Design Paris Retail and Leisure District

Posted on 7 May, 2013 by Jodee Redmond under Worldwide Property News

Danish firm BIG will design an 80-hectare shopping and leisure complex to be built between two Paris airports, Dezeen reports. EuropaCity is slated for construction in the Triangle de Gonesse, which is located southwest of Charles de Gaulle... Read More

South Florida Commercial Properties Heading for Foreclosure Auction

Posted on 5 May, 2013 by Jodee Redmond under Worldwide Property News

Four commercial properties in South Florida have been scheduled for foreclosure auctions. A fifth building has recently been seized by a loan investor. The owner of the largest property to be put up for sale lost an $11.5 million foreclosure judgment.... 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.