Commercial rents in the Irish capital could rise by as much as 15 per cent this year as the city braces itself for a record number of commercial developments. Two of Ireland’s leading estate agents have confirmed the office market is leading the recovery... Read More
In locations throughout the UK, commercial agents are reporting rising demand as the economy improves and business confidence rises. This has led to agents in a number of regional areas voicing concerns over a lack of supply following years of almost zero... Read More
The Chinese government has confirmed it may well extend its planned property register to include commercial real estate as a way of cracking down on fraud and internal corruption. Tracking property ownership and keeping a record of sales is seen as one... Read More
Two years after it was boarded up and squatters took over, an historic Chelsea pub is about to reopen. The Cross keys, which opened in 1708, is located between King's Road and Cheyne Walk and served its last pint in 2012. Notable former patrons include... Read More
Google has started 2014 by adding to its Palo Alto holdings. The new property, located at 1076 East Meadow Circle, is situated on about an acre of land. The company paid approximately $6.5 million for the 19,700 square-foot building. The search engine... Read More
China’s state-owned property investment company firm has continued its worldwide buying spree by acquiring two London properties for £1.2bn. The Shanghai-based Greenland Holding Group — which owns projects in 65 Chinese cities and has now turned... 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
The US commercial real estate market ended last year strongly, with continued recovery noted in the fourth quarter according to CBRE. The office vacancy rate declined by a total of 30 basis points to hit 14.8 per cent in Q4. This was the most distinct... Read More
The majority of London businesses could save as much as 24 per cent on rent, claims a leading commercial property agent. DeVono says many businesses end up overpaying because they don’t know where savings could be made. Adam Landau, a director at... Read More
Offices, warehouses, hotels and shops valued at 30.8 billion euros changed hands in Germany in 2013. This was the highest level since 2007, as buyers sought to take advantage of low interest rates and sellers benefitted from rising prices. Commercial... Read More