With property on the high street becoming increasingly popular with bookmakers and pawn shops rather than the traditional retailers, those attempting to increase town centre footfall have found themselves faced with something of a dilemma. While it is... Read More
Oxford Properties Group has announced plans to develop an office tower in the heart of downtown Toronto. The Ernst & Young Tower will offer 900,000 sq ft of space to tenants and will be a Class AAA, LEED Platinum skyscraper. Ernst & Young, an... Read More
The government is currently consulting on the details of its previously announced proposals to provide exemption from empty property rates for new-build commercial property. The move is designed to boost speculative development by removing the burden... Read More
The Welsh Government has entered the commercial property market by buying a Grade A office scheme from developer JR Smart at its Capital Quarter development. Under the terms of the agreement, the 80,000 sq ft building, which is currently under... Read More
There are encouraging signs that property investors are slowly returning to the provincial markets. The latest figures show that between January and April there was a doubling of transactions across the UK accompanied by a rise in capital values.... Read More
The IPD capital growth index results have been released and they show a month-on-month decline of 0.4 percent in April. If the figures are rounded out there is effectively no change. Offices were the best performing sector and retail was the worst which... Read More
Soho Estates will next month submit an application for a commercial development in Walkers Court. Besides serving as the new headquarters of the investment and development company, the building will house a restaurant and a 150 seat cabaret theatre. It will... Read More
Since the property market crash, private equity and investment groups have descended on the Dublin commercial property market and have been able to pick up some bargains the Irish Times reports. One of the biggest investors to enter the Irish... Read More
According to a new report released by RealNet Canada Inc., property valuations have become so high in Vancouver's commercial market that it is starting to take a toll on the number of deals that are closing. The company says that capitalisation rates,... Read More
US financial institutions that foreclose on commercial properties may find themselves in a position where they are liable if the site requires an environmental cleanup. This problem has been made worse by the global financial crisis. According to... Read More
