Monthly Archives: February 2014



Brokers Bullish about Dublin Office Rents

Posted on 9 February, 2014 by Jodee Redmond under Worldwide Property News

Davy Stockbrokers have claimed that office rents are set to go as high as €50 per square foot in what amounts to one of the most bullish calls on the future of the Dublin commercial property market in recent history. According to the broker's most... Read More

French Connection Turnaround Plan begins to Take Effect

Posted on 8 February, 2014 by Kirsten Kennedy under Business News

As consumer confidence continues to improve and real wages slowly begin to creep up, the retail industry has benefited from a surprisingly strong rise in profitability. However, while chains such as John Lewis and Home Retail Group’s subsidiaries Argos and... Read More

Calgary Commercial Real Estate Market outlook remains Bullish

Posted on by Jodee Redmond under Worldwide Property News

The commercial real estate market in Canada's 'Heart of the New West" remains bullish, according to a new report released by CBRE. The company recently released its 2014 Canadian Market Outlook, which states that, despite a slight slow-down in activity, the... Read More

SA Interest Rate Increase may be Speed Bump for Commercial Property Upturn

Posted on by Jodee Redmond under Worldwide Property News

The latest round of interest rate increases by the South African Reserve Bank (SARB) has proved to be a disappointment to the commercial property market. SARB has increased the repo rate by 50 basis points to 5.5 per cent, due to concerns over the inflation... Read More

European Commercial Property may become a less attractive Investment by 2015 says DTZ

Posted on by Jodee Redmond under Industry News

DTZ has published its European all-property Fair Value Index results for Q4 2013. The Index, which provides insight into the attractiveness of current pricing in European property markets, remained stable in the fourth quarter of last year at 72, although the... Read More

Calls for More Apprenticeships as Each Position attracts 12 Applicants

Posted on 7 February, 2014 by Kirsten Kennedy under Business News

As businesses continue to invest in growth and attempt to widen their client bases, an increasing number are finding it difficult to fill vacant staffing positions with suitably qualified applicants. In response to this problem, a number of industry bodies... Read More

Search begins for Developer to restart £200m Teesside Regeneration Project

Posted on by Cliff Goodwin under Commercial Developments

Three years after a £200m dockland regeneration scheme ground to a halt the Homes and Community Agency has confirmed it is searching for a new partner to restart the Middlehaven project. Middlesbrough College campus at Middlehaven A master plan for... Read More

Home Retail Group asks Suppliers for Rebate

Posted on by Kirsten Kennedy under Business News

In the lead up to Christmas 2013, a number of retailers demanded rebates from their suppliers as a result of the uncertain trading conditions. In part this is because, although the retail industry has taken great steps towards recovery, the memories of the... Read More

Edinburgh Caltongate Development gets the Go-Ahead as City is named Second only to London for Job Creation

Posted on by Cliff Goodwin under Commercial Developments, Economy

Thirteen years after it was originally submitted Edinburgh planners have approved a reworked application to redevelop the city’s Caltongate area. The controversial £150m scheme, like its old town site, has survived a troubled history. The original... Read More

Blackstone joins the shift to German Commercial Property

Posted on by Cliff Goodwin under Worldwide Property News

The private equity firm Blackstone has become the latest investment house to shift its money from Germany’s housing market to the country’s commercial sector. The New York-based Blackstone Group was one of the first multi-nationals to cash in on... Read More