The UK commercial property market has finally turned the corner following six years in the doldrums. However, until recently, the vast majority of activity has been focussed on London and other major business centres such as Manchester and Birmingham, with... Read More
So many properties have been listed on a recently launched internet auction site that the Dubai government has been forced to schedule two more virtual sales. The country’s eMart was unveiled last November and held its first sale of commercial and... Read More
This time five years ago, the retail industry in the UK was shaken by the onslaught of Britain’s longest ever recession. One of the earliest casualties, still regarded as one of the most shocking administrations of recent years, was Woolworths, with the... Read More
Ireland’s National Asset Management Agency (NAMA) generated almost €6bn last year from rents and by selling off chunks of its vast property portfolio. Overtaken by controversy almost from the day it was created in 2010, the state’s so-called... Read More
The global commercial investment group CBRE is awaiting European Commission clearance for its £250m takeover of the British-based building services provider Norland. Norland — which employs 4,000 people across 14 offices and serves 300 existing... Read More
The hospitality arm of London-based property company Dominvs Group has unveiled plans to build three hotels north of the border. Founded in 2011 by Sukhpal Singh Ahluwalia, the millionaire entrepreneur behind Euro Car Parts, Dominvs intends to build... 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
Australian commercial property sales hit the $17 billion mark in 2013. This figure includes retail, offices, industrial and hotel assets and compares to the record levels set in 2012 of $20.6 billion. Furthermore, early indications point to 2014 being another... Read More
Construction firms enjoyed a hugely successful 2013, with the Help to Buy scheme introduced in the latter part of the year contributing significantly to the number of projects underway. However, the latest data released by the Markit/CIPS Purchasing... Read More
Recruiting and retaining staff is a challenge for the commercial property industry in Canada's national capital, Ottawa, according to the results of a survey conducted by the Building Owners and Managers Association and Hays, a recruiting firm. Over... Read More
