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.
Earlier this month the distinguished architect Oscar Niemeyer died aged 104. He was responsible for a number of notable buildings throughout the world but his enduring legacy will always be Brasilia, the Brazilian capital where he was able to fully express... Read More
Carey Watermark Investors, a US Real Estate Investment Trust (REIT), has acquired the Courtyard San Diego Mission Valley Hotel for $85 million. The deal was brokered by Jones Lang LaSalle Inc.'s managing director John Strauss. The company's senior vice... Read More
Sacramento's commercial real estate market has seen increased activity as 2012 draws to a close. The push is on to complete transactions before possible tax hikes come into effect in 2013.Valerie Baldo, president of Placer Title, has commented that her... Read More
Santa Monica, California has been the subject of controversy over what types of displays can be erected on public property, and the matter has been taken to court for a judge to decide whether Nativity scenes are appropriate or not. Last year, the city... Read More
Williston, North Dakota, is in the middle of a building boom. The city is expanding at such a rapid pace that it has announced plans to annex nearly 5,000 additional acres into its limits. The new space would bring its size to 13,000 acres. The 20 sections of... Read More
Harvey Norman executive chairman Gerry Harvey has issued a dire warning to retailers, saying that conditions in the industry are dire and that many more stores will go under in 2013 after the Christmas rush is over. He told reporters recently that more... Read More
The German government has signed an agreement to sell sate owned property firm TLG Immobilien to Lone Star Funds for $1.4 billion (€1.1 billion). This deal represents the company's largest commercial property transaction of 2012. TLG Immobilien owns... Read More
The commercial property market in Hong Kong has increased dramatically in 2012. Transaction volumes and values have reached their highest level since 1997 as a result of strong demand from investors after the government moved to impose special stamp duties on... Read More
The prestigious Sheraton Norfolk Waterside Hotel in Virginia will be sold at auction on 20th December, according to a legal notice published in the December 6 issue of the Virginian Pilot. The 468-room hotel was acquired by a local company for $40 million in... Read More
This year has seen a minor contraction in Russian commercial property value. Cushman and Wakefield has released figures indicating that the expected volume of investment is expected to reach approximately $7.2 billion (€5.5 billion) by the end of the year,... 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.
