The office vacancy rate in Canada’s capital has hit 10.6 per cent, according to the latest office report released by Colliers International. Vacancy rates were up in all sub-markets in Q2 of this year, except for the fringe core, which includes... Read More
Sales of Melbourne commercial real estate have nearly doubled over the year to June, according to agents. During the last financial year, more than $6.6 billion in retail, industrial, and office transactions were finalized, compared with $3.77 billion... Read More
In line with its philosophy that potential tenants want to see a building before signing up to a lease, developer JR Smart (JRS) has started work on an 85,000sq ft office scheme for the centre of Cardiff. The M2H designed, Number Two Capital Quarter... Read More
The Olympic Games in London proved to be hugely beneficial for the capital with higher tourism levels, an increase in business opportunities and higher spending recorded during the event and since. Now, it appears that the Commonwealth Games may have had just... Read More
A group of US lenders is focusing on loans for smaller properties, which is good news for ‘mom and pop’ type investors. These lenders, including ones controlled by Guggenheim Partners LLC, Sabal Financial Group LLC, and Waterfall Asset Management,... Read More
The retail market saw returns hit a five-year high during Q2 as consumer spending drives the resurgence in values. Returns jumped from 2.6% during Q1 to 4.3%, according to the latest IPD UK Quarterly Property Index. During the same period, capital values... Read More
The construction and regeneration group Morgan Sindall has said that multi-million pound projects being built by its subsidiary, Muse Developments, are a “major contributor” to the company’s better than expected half year results. Morgan Sindall... Read More
In the past few years, there has been significant investment into transforming Birmingham into a top tourism destination, with advertising campaigns and international marketing strategies playing a central role in this. However, it appears that businesses are... Read More
DNA and medical laboratories are leading a surge in North-East industrial property take-up. The first half of 2014 saw more than a million-and-a-quarter sq ft of space contracted — double the figure for the same period last year. According to Simon... Read More
Global property agents DTZ has been commissioned to find an investment partner for a half-a-million sq ft development in the centre of Manchester. The city council has already signalled its approval for the regeneration of an area adjacent to... Read More
