New statutory and regulatory changes coming into effect in California will impose new disclosure requirements on commercial landlords and property owners. The law and regulations will apply to all sales, purchases and leases entered into on or after... Read More
Manulife (International) Limited has agreed to buy the West Tower at the One Bay East development in Kowloon East, Hong Kong. The deal, which is worth HK$ 4.5 billion (£379 million), is the largest single office tower purchase in Kowloon. CBRE Group's Hong... Read More
Vacancy rates and empty property taxes have featured prominently in the news as of late indicating that, while the commercial property market may be showing signs of recovery, there is still some way to go. While this may be bad news for landlords with... Read More
Mitsubishi UFJ Financial Group (MUFG) has bought a U.S. commercial loan portfolio from Deutsche Bank with a value of $3.7 billion (£2.4 billion). The deal will move the Japanese bank from being the 17th largest real estate lender to ninth place in the... Read More
The first quarter of 2013 has yielded some excellent property deals in the UK’s capital city, proving beyond doubt that London is still one of the prime markets for businesses to locate to in Europe. With a strong financial sector, a booming tourism... Read More
Two major hotel groups are pressing ahead with new developments at Pacific Quay in Glasgow. Premier Inn confirmed it would start building work soon on a 180-bedroom hotel and restaurant opposite the new Hydro arena and the Scottish Exhibition and... Read More
Commercial property consultants CBRE have released figures for final investment spend data for the Irish commercial property market for the first three months of 2013. They indicate the momentum experienced in this sector during the last six months of... Read More
Canada's commercial property market is performing very well and CIBC World Markets Inc is forecasting that it may outperform for a fifth year in a row. CIBC said that the combination of low interest rates, the availability of debt and equity, and "healthy... Read More
U.S. office construction dropped to its lowest level in 14 years in the first three months of 2013 as high vacancy levels discourage developers from getting shovels into the ground, according to Reis Inc. In the three months ended March 31, office completions... Read More
Colliers International has announced that it is absorbing Manekin LLC's property management and brokerage group. After the move is complete, Collier's will be the largest manager of commercial real estate in the Baltimore area. The merger was a stock... Read More
