The government is facing a setback to its plans to allow landlords to convert offices to residential use without planning permission. Eric Pickles, the Secretary of State for Communities and Local Government, was confident the new rules could be in place by... Read More
A two-story building in Beverly Hills has been sold for almost $12 million to a local investor. The 11,000-sq-foot Marian Building was built in 1928 by movie mogul Jack Warner and is one of the oldest commercial properties in the city. It is located at Little... Read More
According to the world’s leading commercial property services advisor, the value of the Scottish market fell to the lowest recorded level since 2001 in the final quarter of 2012. In research conducted by CBRE it is shown that only £212 million worth of... Read More
The head of the Queen’s extensive property portfolio has revealed she is considering a ten year plan for the £8 billion Crown Estate. Speaking to the Evening Standard Alison Nimmo, the first woman to hold the post, was also keen to highlight the diversity... Read More
Figures released for 2012 show a continued slow and steady recovery for the US commercial real estate sector. Ron Kaiser, the chairman of the National Council of Real Estate Investment Fiduciaries (NCREIF) stated recently; “Real estate investment... Read More
January marked the 15th consecutive month of falling commercial real estate values in the United Kingdom, according to figures released by Investment Property Databank Ltd. The retail sector led the way in the disappointing returns. The average value... Read More
Newly-elected California assembly member Rob Bonata has introduced a bill that will allow Alameda school districts to set different rates for residential and commercial properties. If passed it will nullify a state Appeals Court ruling in December... Read More
The Mortgage Bankers Association (MBA) is projecting a double-digit increase in lending in US commercial real estate mortgages over 2012. This works out to $254 billion in loans. Analysts are predicting the momentum to continue throughout the rest of... Read More
Since the beginning of the year there have been various local and regional reports suggesting that we are about to see an upturn in the UK commercial property market. In recent weeks agents in London, Basingstoke, Eastbourne and Leicestershire have all... Read More
Buying a commercial insurance policy is not a decision a property owner should make lightly. It is one that requires careful thought and should not be unduly influenced by a persuasive marketer. This is the type of produce that one buys hoping that it... Read More