A Middle Eastern bidder has made an astonishing $2.1 billion offer for the Empire State Building. According to the Daily News the identity of the would-be-buyer remains a mystery, but the unnamed group is said to be serious and prepared to enter a bidding war... Read More
Despite signs of a slow-down in the Chinese economy, investors from the country are continuing to target the US commercial property market. Chinese interest in US assets began with a trickle of purchases two years ago but, recently, this has developed into a... Read More
The Crown Estate has posted record profits of £252.6 million, a 5.2 per cent improvement on last years’ figures. The return on the estate’s £8.1 billion portfolio, which includes prime West End assets in Regent Street and St James’s, was 11.3 per... Read More
According to the IPD Pan-European Hotel Performance Report released this week, investment in hotels provided the highest return in the commercial property sector last year. The report shows that the European hotel sector provided a total return of 5.8... Read More
Senator Robert Menendez (D-N.J.) has introduced a bill to make it easier for owners of commercial real estate to access private capital from overseas. Senator Menendez The measure, which was re-introduced by Menendez and Senator Mike Enzi (R-Wy) is... Read More
Rochdale Exchange Shopping Centre has this week been placed on the market by Co-operative Insurance Services (CIS). The development contains 270,000 sq ft of retail space, an 850 space car park, Rochdale’s market hall and, additionally, an office unit... Read More
The US commercial real estate market is surging ahead, and bringing with it fresh opportunities for investors and business owners. Chicago is among the leading US markets Property owners are making improvements to buildings and tenants are seeking out... Read More
Throughout the recession London remained a prime destination for foreign investment and with recovery underway multiple developments are currently in the pipeline. One of the most striking of these is One Nine Elms which is due to be constructed on the site... Read More
The Welsh Government has entered the commercial property market by buying a Grade A office scheme from developer JR Smart at its Capital Quarter development. Under the terms of the agreement, the 80,000 sq ft building, which is currently under... Read More
There are encouraging signs that property investors are slowly returning to the provincial markets. The latest figures show that between January and April there was a doubling of transactions across the UK accompanied by a rise in capital values.... Read More
