MIPIM 2014, which closed on Friday, demonstrated a marked improvement in confidence among property investors. The annual industry gathering celebrated its 25th anniversary against the backdrop of a year of strong market growth which suggests the recovery from... Read More
According to data released by Deloitte earlier this week, the UK hotels market has rebounded strongly since the end of the financial crisis, with the value of transactions skyrocketing in the second half of 2013. The Shard's Shangri-La Hotel will open... Read More
Epic LLC — a division of the London-based property management company — has paid almost $53m for a Washington office block. The acquisition of the 10-storey building near Farragut Square makes Epic the most recent foreign investor in downtown DC... Read More
Commercial property investment in London hit £19.9bn in 2013, representing a six-year high, according to figures released on January 2 by Cushman & Wakefield. Investment was up by 47 per cent on 2012 levels, although it remains below the... Read More
Chinese banks are on track to complete a major global expansion which may see them acquire as much as 2 million sq ft of commercial space in the City of London over the next 10 years, according to a report from Savills. The report states that the... Read More
Chinese investors have discovered distressed U.S. commercial properties in places like Detroit and are parking their cash in these areas. The deeply discounted prices are appealing to investors who are used to the higher prices in China. Well-to-do... Read More
Commercial property investment in the Asian market appears set for a record year and it looks as though it will surpass pre-financial crisis levels. For the first nine months of the year, the region's commercial transactions totaled $89.6 billion, an increase... Read More
There are signs of growing activity in the regional commercial property market as the economy improves and investors look beyond the capital in search of higher yields. Demand for prime London property has pushed prices for office space so high that... Read More
Farmland has outperformed central London property for the first time in 16 years. The cost of prime arable land increased by 10.7 per cent to £7,594 per acre last year, according to Savills, and growth of 40 per cent, to £10,631 per acre, has been forecast... Read More
St Martins, the property investment arm of the Kuwaiti government, is considering a bid for the More London development alongside Tower Bridge. The 53,000 sq m site includes City Hall, headquarters of Mayor Boris Johnson and the London Assembly. The... Read More
