A host of new tenants at Media City has led to revenues almost doubling for the Peel Group, the company that owns the site. Recently released figures show a jump in revenues from £9 million to £17. 1 million following a rapid increase in take-up since the... Read More
Manchester city planners have given the go ahead to the UK’s first airport city. The £650 million project will deliver a high quality commercial community that is expected to create over 11,000 jobs over the next ten years. The 65 acre development... Read More
Strict capital rules imposed on UK banks will increase costs for commercial developers and have a detrimental effect on the wider market, industry insiders have warned. The regulations, called slotting, have been introduced by the Financial Services... Read More
The Irish commercial property market will be polarised in 2013. According to the latest predictions from CBRE, the Dublin market will be vibrant and active but secondary markets will struggle in comparison. Demand is currently quite high from... Read More
The results of a new market research report from Jones Lang LaSalle indicate that global real estate volumes increased in the final quarter of 2012. A total of $141 billion in transactions closed during the three-month period to bring the total preliminary... Read More
It is forecast that commercial property market conditions in Taipei are likely remain slow over the next several months. Tighter investment thresholds will continue to restrict life insurance companies, which accounted for over half of the transactions that... Read More
The estimated total value of outstanding debt secured against commercial property was £285 billion as of the middle of 2012. This figure takes into account loans secured by Ireland's NAMA bank according to De Montfort University's UK Commercial Property... Read More
A TV monitor in the lobby of a Birmingham office and retail building has been credited with helping to cut energy consumption by over 55 per cent. This is the finding of the Climate Change Property Fund (CCPF) which owns and manages the building in the... Read More
Commercial real estate specialists in the Atlantic City area are pleased by the slow but steady growth pattern the market experienced in 2012 and are hoping it continues into 2013. Vacancy rates for industrial, retail, and office properties are... Read More
The majority of respondents to a survey conducted by the Association of Foreign Investors in Real Estate (AFIRE) have indicated they would prefer to buy property in the United States this year. Turkey is expected to be another hot spot in 2013, while... Read More
