British Land has sold its Ropemaker Place development in London for £472 million to raise capital to buy several new office properties. The sale is part of the company's efforts to accumulate nearly £1 billion it needs to take advantage of the growing... Read More
Market insiders say the Greek commercial property market is ready to bottom out by next year and will start to post higher numbers in 2014, if not sooner. Rental rate renegotiations and a general reduction in prices is expected to continue until the third... Read More
Since the turn of the year there have been signs of improvement in the UK commercial property market. This has led to a number of analysts forecasting that 2013 will be the year the market begins to enter the recovery phase. The poor performance of the... Read More
Green Street Advisors is predicting that commercial property prices in the United States will increase over the next six months. The California-based research firm is ‘80 per cent certain’ that prices will hit near peak-levels last seen in 2007. A... Read More
The European commercial property market is at its most appealing level in 10 years, according to DTZ. According to its Fair Value Index, which provides information about the relative attractiveness of current pricing of European property markets by... Read More
But Manchester is leading the way says property firm boss Despite signs of improvement, the provincial commercial property market has a lot of catching up to do warns the CEO of Leeds based firm Town Centre Securities (TCS). Edward Ziff, whose late father... Read More
The commercial property market in New Zealand fell in the last three months of 2012, with total returns falling by 0.6 per cent. According to figures released by the Property Council/IPD NZ All Property Index, the total average (capital plus income) annual... Read More
The director of Airport City, Karen Campbell, has revealed that the development of the four million square foot business park will begin next month. However, she denies that the project will steal the focus of businesses from the nearby centre of Manchester... Read More
As 20,000 property professionals departed Cannes following the close of MIPIM 2013, the mood that accompanied them on their journey home was one of growing optimism. Throughout the four day annual event the talk in the conference halls, the hotels and along... Read More
Bristol City Council has purchased the Aviva Investors office block for a sum of £18 million as part of its on-going £70 million office estate revamp. The 128,000 sq ft commercial property will be used as one of the two buildings used to house council staff... Read More
