Tag: commercial property



Big Defaults on Las Vegas Commercial Property Loans

Posted on 12 January, 2013 by Jodee Redmond under Worldwide Property News

More than $120 million in commercial loans in Las Vegas went into default in November, according to a report released by the Nevada Title Co. The $37.9 million loan on the Rainbow Promenade shopping centre is included on the list. JP Morgan is the original... Read More

Expansion of Oxfordshire Business Park Divides Opinion

Posted on by Neil Bird under Commercial Developments

The expansion of an Oxfordshire business park could boost the local economy by £10.5 million a year by the end of the decade officials believe. However, residents of nearby villages are concerned about the impact of the development and insist they have not... Read More

Commercial Properties Must Display EPCs under New Rules

Posted on 10 January, 2013 by MOVEHUT under Industry News

Certain commercial properties which currently have an energy performance certificate (EPC) are now required to display it following legislation which came into force yesterday. The new requirement applies to properties over 500 sq. m. in size which are... Read More

Fall in UK Commercial Property Values Expected to Halt in 2013

Posted on by Neil Bird under Industry News

The downward trend in UK commercial property values will bottom out this year according to Deloitte. Although the market will show little sign of improvement until later in the year, 2013 is expected to mark the beginnings of the long awaited... Read More

California Commercial Real Estate Market Showing Signs of Recovery

Posted on 8 January, 2013 by Jodee Redmond under Worldwide Property News

California's commercial real estate market, which has been feeling the pinch from high vacancy rates and low rents, now appears to have turned the corner and is moving towards recovery. Large institutional investors coming into the market have played a... Read More

Big Rise in Welsh Commercial Property Sales

Posted on 7 January, 2013 by Jodee Redmond under Commercial Sales and Lets

Figures released by Lambert Smith Hampton show that the value of commercial property deals in Wales increased by 143% during the third quarter of 2012. The property consultancy's firm's investment research has revealed that the overall value of... Read More

Opportunities in all US Commercial Property Sectors in 2013

Posted on 5 January, 2013 by Jodee Redmond under Worldwide Property News

According to the fourth quarter PwC Real Estate Investor Survey, US commercial real estate offers a number of opportunities for investors across all sectors. Investors in the office sector are prepared to accept slower growth and are less apprehensive about... Read More

Government Property Disposal Gathers Pace

Posted on by Neil Bird under Top Properties

The Department for Transport (Dft) could soon be sharing offices with the Ministry of Defence (MOD) as the government presses ahead with its cost cutting property disposal. Since 2010 the government has vacated over 1,000 buildings, reducing the costs of... Read More

Canadian Market Will Get REITs Boost in 2013

Posted on 2 January, 2013 by Jodee Redmond under Worldwide Property News

A new report released by CB Richard Ellis Canada predicts that Real Estate Investment Trusts (REITs) will drive demand for commercial property this year. Pension funds and foreign buyers will also be responsible boosting the market in 2013. Alberta is... Read More

Commercial Property Market News 2012

Posted on 31 December, 2012 by Neil Bird under Industry News

Throughout the year we have been bringing you commercial property market news and stories on related topics.  Below is a reminder of the ups and downs of 2012. January The year opened with news that, despite the impact of prolonged economic... Read More