Blackstone has sold its 50 per cent stake in Broadgate, the office and retail complex, at the heart of the City. The £1.7 billion sale comes four years after the US private equity firm paid £1.07 billion to buy its share from British Land. The identity of... Read More
The commercial property market in New Zealand is showing positive signs, as sentiment is running high and the market has pulled away from Australia, according to the latest regional report released by the Royal Institution of Chartered Surveyors... Read More
Investors are being urged to add commercial property to their portfolios as strong returns make it an increasingly attractive asset class. According to the FT the improving economic outlook is persuading many investors - including a rising number of... Read More
Millions of UK business owners and investors are overlooking large chunks of unclaimed tax relief, which is often worth thousands of pounds. Complex rules mean that many people don't know what they can legitimately make a claim for, which means that 96 per... Read More
In the past decade or so, sustainability and eco targets have become huge focuses for the government as Britain aims to meet energy efficiency goals. This has had a huge effect upon commercial properties, with increasing numbers of building firms... Read More
The Global Commercial Property Survey by the Royal Institution of Chartered Surveyors (RICS) showed a significant increase in investor confidence in the UAE commercial property market. The country came in second in the RICS Investment Sentiment Index. These... Read More
Investor confidence in the Australian commercial property market plunged in Q2 as the economy softened. The NAB Commercial Property Index dipped to minus 16, the third lowest level since the bank started keeping track in March 2010. This level represents the... Read More
The former Wickes boss leading the latest study of the high street has dismissed one of the key recommendations of the Portas Review. Bill Grimsey argues that Mary Portas’ proposal to switch the business rates multiplier from the retail price index (RPI) to... Read More
Auctioneers are seeing more lots fetching higher prices as auction fever returns to London. A total of 156 property auctions were held throughout the United Kingdom in June and over 72 per cent of lots were sold, for a total price of almost £239... Read More
A new commercial rent regulation, the Commercial Rent Arrears Recovery (CRAR), will take effect in the spring of next year to replace the common law right of landlords to recover "pure" rent arrears. It will only be used as compensation for unpaid rent,... Read More
