Consensus emerging that system is no longer fit for purpose This week Labour leader Ed Miliband pledged to freeze business rates if his party is successful at the next election. While this has been cautiously welcomed by the business and commercial property... Read More
Monthly commercial property returns increased to 0.9 per cent in August, and reached their highest levels since March 2011, as positive signs in the economy continue to filter down to the market. According to the IPD UK Monthly Index, returns were... Read More
Commercial property deals in Hong Kong are expected to drop this month after a jump in August that was driven by the phase two release of Billion Plaza in Cheung Sha Wan. The total number of commercial transactions in August was 152, as opposed to 76... Read More
UK's commercial sectors showed total returns of 1.1 per cent, according to CBRE's latest index. Capital values are continuing to grow, and increased by 0.5 per cent over the same period. As a result, the capital growth value increased by 0.1 per cent over the... Read More
When interest rates started to rise this spring, some analysts feared that commercial property values would either slow their rise or even start to fall. It appears that some of these fears are starting to be realised. Green Street Advisors released... Read More
The commercial property market in France dropped for the first time since 2009, due to the sluggish economy and increased selectivity of investors. In the first six months of the year, investment volumes were down 22 percent from 2012 levels, according to a... Read More
Confidence in the sustainability of the UK's economic recovery has spread from London to the rest of the country's commercial property market. This pattern is likely to be mirrored throughout continental Europe and underpin shares of listed property... Read More
A High Court judge yesterday ordered the Metropolitan Police to settle a multi-million pound bill for the destruction of an Enfield warehouse during the riots that took place in the summer of 2011. Many commercial properties were damaged during the... Read More
The government has today published guidance to help local authorities administer the new empty property rate relief for newly built commercial buildings which will be available from next month. The scheme, which the government estimates will benefit... Read More
Pressure is mounting on Justice Secretary Chris Grayling to outlaw squatting in commercial property. Last year squatting in residential property was made a criminal offence and the industry has been calling for the law to be brought into line to cover... Read More
