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.
Green Street Advisors is predicting that commercial property prices in the United States will increase over the next six months. The California-based research firm is ‘80 per cent certain’ that prices will hit near peak-levels last seen in 2007. A... Read More
The commercial property market in New Zealand fell in the last three months of 2012, with total returns falling by 0.6 per cent. According to figures released by the Property Council/IPD NZ All Property Index, the total average (capital plus income) annual... Read More
The Cheesecake Factory will be moving into a brand new building at the corner of 15th and Walnut Streets in Philadelphia at the end of next year, and its design definitely won't leave a bad taste in visitors' mouths. The new building is being designed by... Read More
Sunday, March 3 marked the beginning of a 30-day relocation of Starwood Hotels and Resorts Worldwide Inc.'s global company headquarters from Stamford, Connecticut to Dubai in the United Arab Emirates. Ten senior executives will make the trip for the duration,... Read More
Piedmont Office Realty Trust announced that it has closed a deal on its acquisition of 901 N. Glebe Road in Ballston for $175.6 million, or $526.00 per square foot. The Georgia-based real estate investment company is expanding its portfolio of properties in... Read More
The total assessed value for commercial properties in Concord New Hampshire has increased for the first time since 2008, and a number of owners have filed applications for tax abatements. Of the 184 applications received by the March 1 deadline, about 150... Read More
Last weekend, in scenes reminiscent of 1989, thousands of protesters gathered at the Berlin Wall. Only this time they weren’t there to tear it down, but to show their opposition to the demolition of one of the last remaining sections. The East Side... Read More
Virgin Active is expanding its South African interests by opening a new and highly exclusive healthcare club in the upmarket Sandton area of Johannesburg, thanks to further investment from Sir Richard Branson. The tycoon has invested R150 million (just... Read More
Two suburban office buildings have recently been sold in Chantilly, Virginia, for $3.21 million. The possibility that they may be developed into office condos suggests that this asset class may be making a comeback. The properties were purchased by Stonecroft... Read More
Less than two months after buying the Wilshire Courtyard complex in Los Angeles, property firm Tishman Speyer has successfully signed two leases with two new tenants. The transactions, for nearly 75,000 sq ft of space, bring the two-building complex... 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.
