Tag: commercial property



Dublin Rents to Rise with Wave of New Developments

Posted on 24 January, 2014 by Cliff Goodwin under Commercial Developments

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

Demand for Coventry and Warwickshire Commercial Property could soon Outstrip Supply warns Agent

Posted on 23 January, 2014 by Kirsten Kennedy under Industry News

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

China plans Property Register Crackdown on Corruption

Posted on 22 January, 2014 by Cliff Goodwin under Worldwide Property News

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

Historic Chelsea Pub to Reopen Following Sale

Posted on 19 January, 2014 by Jodee Redmond under Commercial Sales and Lets

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 makes first US acquisition of 2014

Posted on by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

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

Chinese Property Developer targets London for First Euro-Investment

Posted on 18 January, 2014 by Cliff Goodwin under Commercial Developments, Commercial Sales and Lets

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 Buys into Washington Office Market

Posted on 17 January, 2014 by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

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

US Commercial Market ends 2013 on a High Note says CBRE

Posted on 16 January, 2014 by Jodee Redmond under Worldwide Property News

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

London Office Tenants Could make Big Rental Savings says Agent

Posted on 15 January, 2014 by Cliff Goodwin under Industry News

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

German Commercial Property Market Activity hits Six-Year High

Posted on by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

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