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.


Worlds Tallest Hotel Opens in Dubai

Posted on 4 March, 2013 by Kirsten Kennedy under Worldwide Property News

Dubai is quickly becoming the luxury destination of choice for many holidaymakers, which has led to a huge boom in leisure property construction. Last week, the 1,164 foot tall JW Marriott Marquis hotel  opened for business, taking the title of “World’s... Read More

New Seattle Skyscraper to get SLS Boutique Hotel

Posted on by Jodee Redmond under Worldwide Property News

SBE Entertainment Group has announced that it is rolling out its SLS hotel brand in Seattle. The Corporation is teaming up with Stockbridge Capital Group and Daniel Real Estate to put a 184-room luxury hotel in Daniels' $400 million, 43-story mixed-use... Read More

Tax Plan Could Result in Savings for Philadelphia Commercial Properties

Posted on 3 March, 2013 by Jodee Redmond under Worldwide Property News

Under Philadelphia's tax reform plan, taxes would be paid based on the property's actual value instead of the outdated figures currently used by the city. This is good news for the 10 largest commercial taxpayers in the metropolis, which include Franklin... Read More

Commercial Real Estate Market Improving in Lexington Kentucky

Posted on 2 March, 2013 by Jodee Redmond under Worldwide Property News

The commercial real estate market is continuing to improve in Kentucky’s second largest city Lexington, according to the results of the NAI Isaac Commercial Properties' Report. The semi-annual market assessment revealed that vacancy rates were lower... Read More

Property from the Golden Age of Hollywood Sold for 12 Million Dollars

Posted on 28 February, 2013 by Jodee Redmond under Worldwide Property News

A two-story building in Beverly Hills has been sold for almost $12 million to a local investor. The 11,000-sq-foot Marian Building was built in 1928 by movie mogul Jack Warner and is one of the oldest commercial properties in the city. It is located at Little... Read More

Google to Expand its Silicon Valley Office to Become a Googleplex

Posted on 26 February, 2013 by MOVEHUT under Worldwide Property News

If present Google offices are anything to go by, with vibrant colours, fun break out rooms and comfy working areas, the new Google office will be another delight to work in. Google has started the construction of a new office around its Silicon Valley... Read More

US Commercial Market Recovery Steady

Posted on 25 February, 2013 by Jodee Redmond under Worldwide Property News

Figures released for 2012 show a continued slow and steady recovery for the US commercial real estate sector. Ron Kaiser, the chairman of the National Council of Real Estate Investment Fiduciaries (NCREIF) stated recently; “Real estate investment... Read More

California District Wants Fairer Property Tax

Posted on 24 February, 2013 by Jodee Redmond under Worldwide Property News

Newly-elected California assembly member Rob Bonata has introduced a bill that will allow Alameda school districts to set different rates for residential and commercial properties. If passed it will nullify a state Appeals Court ruling in December... Read More

Sunnybank Shopping Centre Sold for 27 Million Dollars

Posted on 23 February, 2013 by Jodee Redmond under Worldwide Property News

A well-known Brisbane shopping centre located in Sunnybank Hills in the city's south side has recently changed hands for the impressive sum of $27.95 million. The sale of Pinelands Shopping Centre was handled by Peter Tyson and Jon Tyson of Savills Retail... Read More

New Jersey Towns Could Receive Aid When Large Companies Leave

Posted on 22 February, 2013 by MOVEHUT under Worldwide Property News

Two towns in the north of New Jersey, USA may receive financial aid after a pharmaceutical giant announced its departure from the city. Clifton, New Jersey Roche, which is one of the largest drug companies in America, currently has a 119 acre site that... 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.