Tag: commercial property



Deadline Looming on Commercial Property Tax Relief

Posted on 2 January, 2014 by Cliff Goodwin under Industry News

The New Year seems like a good time to remind commercial property owners that a little known deadline is rapidly approaching. As much as £80bn in tax relief is being left unclaimed, according to research, and any left unclaimed by April will be lost... Read More

Coventry has High Hopes for MIPIM 2014

Posted on 1 January, 2014 by Cliff Goodwin under Industry News

With two multi-million pound developments on the horizon, a Midland’s city is preparing its annual visit to the world’s largest commercial property show with “its most optimistic message for the last five years”. Last year Coventry — which... Read More

Maltese Property Index Would Close Tax Loophole say Supporters

Posted on 26 December, 2013 by Cliff Goodwin under Worldwide Property News

A new property register for Malta would level the commercial playing field and close a tax loophole, according to supporters of the online database. If it receives government approval the Mediterranean island should see its Property Market Value Index... Read More

Retail Space Leads the Way in Global Rental Growth

Posted on 19 December, 2013 by Jodee Redmond under Industry News, Worldwide Property News

Global retail properties saw the highest levels of growth in capital values and rents of all property types during the third quarter, according to a new report released by CBRE. The global retail capital value index increased by a full two percentage... Read More

Scotland Yard to Welcome a Different Kind of Guest

Posted on 18 December, 2013 by Cliff Goodwin under Commercial Developments, Commercial Sales and Lets

Scotland Yard — the backdrop to thousands of crime stories and hundreds of film and television mysteries — is being converted into a £10,000-a-night luxury hotel. The Grade II listed former headquarters of the Metropolitan Police is one of a... Read More

Call to end US Tax on Foreign Property Investors

Posted on 16 December, 2013 by Cliff Goodwin under Worldwide Property News

A US congressman is pressuring Washington to repeal a law which forces foreign real estate investors to pay up to 35 per cent of a building’s sale price to the Inland Revenue Service (IRS). Republican Kevin Brady claims scrapping the 33-year-old tax... Read More

Refurbished India Buildings offers Blend of Old and New

Posted on by Cliff Goodwin under Top Properties

Ireland’s Green Property has unveiled what it claims is the biggest single office floor space in the city of Liverpool. The Dublin-based company hopes its 35,000sq ft refurbishment of the iconic India Buildings in Water Street will help attract... Read More

Commercial Property Buyers willing to take on More Debt as Market Recovers

Posted on 15 December, 2013 by Jodee Redmond under Commercial Sales and Lets, Industry News

Commercial property investors in the United Kingdom are prepared to take on more debt for new transactions as the market recovery heats up. The average loan-to-value ratio sought by investors increased to 58.3 per cent in Q3 of the year from 43.6 per... Read More

Brazilian Commercial Rents fall due to Excess Supply

Posted on 14 December, 2013 by Jodee Redmond under Worldwide Property News

But hoteliers await World Cup bonanza Rental prices for commercial property in next summer’s football World Cup host Brazil will fall in 2014 due to excess supply and declining occupancy rates, according to analysts. Sao Paulo Prices in Sao Paulo,... Read More

Office Deal sets seal on US Property Recovery

Posted on 13 December, 2013 by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

The sale of a half-empty Manhattan building — for less than $1m of its pre-recession price — is being seen as the final hurdle in the American commercial property market recovery. The six-storey office block at 246 Fifth Avenue was bought at... Read More