With Admiral still in the process of occupying its new Cardiff headquarters the presence of the motor insurance group has already been praised for attracting new businesses to the city. One developer has claimed the so-called “Admiral effect” has... Read More
The Canadian commercial real estate market is in good shape, according to CBRE Canada, which is forecasting a "steady and stable" remainder of the year. PricewaterhouseCoopers (PwC) has assigned an overall rating of "modestly good" to the country's nine... Read More
According to new research conducted by JLL, Auckland commercial property is expected to keep pace with demand. The current development pipeline is said to be "relatively well-matched" to the current demand profile which is forecast for the next 10... Read More
A national property firm with offices in the North-East, which has concluded more than 65 industrial sales and lettings in the past year, has identified eight of the region’s hottest commercial locations. Sanderson Weatherall — named “Property... Read More
The price of commercial property in New Delhi, which includes retail space as well as offices, has dropped 30% from its peak value in 2008 due to a glut in supply and weak demand over the past few years. One-fifth of commercial space is currently... Read More
A £200m, 15-year plan to build a new community development on the outskirts of Edinburgh has been unveiled by the Scottish government. To be called Shawfair, the project was first mooted almost two decades ago. Since then it’s been shelved, revived... Read More
As the number of businesses courting expansion continues to rise the commercial property market, in some locations, is being pushed to its limits as the balance of supply and demand grows ever more disproportionate. Yet while this is creating problems in... Read More
British Land has posted record full-year profits of £297m. The year-on-year rise of more than eight per cent is being credited on a “burgeoning economy and continued commercial demand”. The latest accounts show the value of its UK property... Read More
The number of distressed properties advertised for sale in Australian national newspapers has fallen to the lowest level in several years, which is being taken as further evidence that the commercial property sector is on an upwards trajectory. According to... Read More
Praxis Holdings has added a seventh shopping mall to its retail portfolio by acquiring the St John’s Shopping Centre in Preston. It’s also snapped up a Cheshire office building, with both deals costing the London-based property investor just £7m. The... Read More
