Tag: commercial property



Google Unveils Plans for New London Headquarters

Posted on 2 July, 2013 by Neil Bird under Commercial Developments

Google has unveiled the details of its new London headquarters. The internet giant submitted plans for the one million sq ft development to Camden Council on Friday and, if approval is granted, construction is expected to begin early next year. The... Read More

Prince Charles Gets Income Boost from Duchy of Cornwall

Posted on by Neil Bird under Top Properties

Prince Charles has received a £700,000 boost to his income thanks to the performance of the Duchy of Cornwall. Official figures show that the Prince earned £19 million from the estate last year in comparison to £18.3 million in 2011. The Duchy is a... Read More

Chinese Investors Target US Market

Posted on 1 July, 2013 by Neil Bird under Worldwide Property News

Despite signs of a slow-down in the Chinese economy, investors from the country are continuing to target the US commercial property market. Chinese interest in US assets began with a trickle of purchases two years ago but, recently, this has developed into a... Read More

Is Location Critical to Commercial Property Success?

Posted on by Jodee Redmond under Industry News

In the case of residential property, the three most important factors are "location, location, and location." But when it comes to commercial property, does the mantra apply in the same way? The London market is very active right now, and has reached... Read More

Sports Direct Moves in on HMV Flagship Store

Posted on 30 June, 2013 by Kirsten Kennedy under Commercial Sales and Lets

Since the demise of JJB Sports, rival chain Sports Direct has been growing both its market share and commercial property portfolio. Chief executive Mike Ashley, who also owns Newcastle United Football Club, has increased the worth of the chain several times... Read More

Washington is Still a Tenants Market

Posted on by Jodee Redmond under Worldwide Property News

Commercial real estate leasing in the Washington D.C. area was limited during this quarter. Vacancy rates were on the rise, according to preliminary data collected by CBRE Group Inc. CBRE stated, "While the overall economy continues to show positive... Read More

Generation Y Survey Provides Good News for Property Industry

Posted on 29 June, 2013 by Neil Bird under Industry News

A new survey of 18 to 35 year olds provides an insight into the thinking of the age group dubbed Generation Y and, according to its joint author, it provides good news for the property industry. The survey, Generation Y: Shopping and Entertainment in... Read More

Crown Estate Announces Record Financial Results

Posted on 28 June, 2013 by Neil Bird under Industry News

The Crown Estate has posted record profits of £252.6 million, a 5.2 per cent improvement on last years’ figures. The return on the estate’s £8.1 billion portfolio, which includes prime West End assets in Regent Street and St James’s, was 11.3 per... Read More

UK Commercial Development Returns Rise but Completions Halve

Posted on 24 June, 2013 by Neil Bird under Commercial Developments

Figures released on Friday reveal that the number of commercial property developments completed during 2012 was half of that recorded in the previous year. According to the IPD UK Annual Property Index, only 40 commercial developments were completed... Read More

High Quality US Commercial Real Estate Market on an Upswing

Posted on 22 June, 2013 by Jodee Redmond under Worldwide Property News

The US commercial real estate market is surging ahead, and bringing with it fresh opportunities for investors and business owners. Chicago is among the leading US markets Property owners are making improvements to buildings and tenants are seeking out... Read More