Tag: commercial property



Germany Sells State Owned Property Firm to Lone Star

Posted on 19 December, 2012 by Jodee Redmond under Worldwide Property News

The German government has signed an agreement to sell sate owned property firm TLG Immobilien to Lone Star Funds for $1.4 billion (€1.1 billion). This deal represents the company's largest commercial property transaction of 2012. TLG Immobilien owns... Read More

Azerbaijan Joins London Property Scramble

Posted on by Neil Bird under Commercial Sales and Lets

Despite continuing economic uncertainty the London commercial property market continues to attract growing numbers of foreign investors. Overseas institutions, including pension and sovereign wealth funds, have been pouring billions into UK property over... Read More

Autumn Statement Measure to Boost Development

Posted on 17 December, 2012 by Neil Bird under Industry News

In last week’s Autumn Statement the Chancellor George Osborne announced all newly built commercial property completed between October of next year and September 2016 will be exempt from empty property rates for 18 months. It is hoped this move will give... Read More

Hong Kong Commercial Property Demand Soars

Posted on by Jodee Redmond under Worldwide Property News

The commercial property market in Hong Kong has increased dramatically in 2012. Transaction volumes and values have reached their highest level since 1997 as a result of strong demand from investors after the government moved to impose special stamp duties on... Read More

CMBS Offer Favourable Returns to Investors Betting on Property Recovery

Posted on 15 December, 2012 by Jodee Redmond under Industry News

Commercial Mortgage-Backed Securities (CMBS) are offering better yields to investors than corporate bonds issued by lenders, which means investors seem to be betting on a commercial property recovery. According to JPMorgan Chase & Co., relative spreads... Read More

Minor Contraction in Russian Market

Posted on 14 December, 2012 by Jodee Redmond under Worldwide Property News

This year has seen a minor contraction in Russian commercial property value. Cushman and Wakefield has released figures indicating that the expected volume of investment is expected to reach approximately $7.2 billion (€5.5 billion) by the end of the year,... Read More

Opportunities for Investors as Banks Offload Properties at Auction

Posted on by Jodee Redmond under Commercial Sales and Lets

Low prices and falling rents have created a situation where banks are feeling the pressure to get large loans off their books and have resorted to putting a significant number of commercial properties up for auction hoping for a quick sale. This is... Read More

Manhattan Offices Still Deserted After Sandy

Posted on 12 December, 2012 by Neil Bird under Worldwide Property News

We recently reported that the Manhattan commercial property market would bounce back from the devastation caused by Hurricane Sandy. Last week the New York Times published a story revealing the difficulties faced by firms still struggling to return to... Read More

Klang Valley Attracts Overseas Investors

Posted on by Jodee Redmond under Worldwide Property News

The abundance of commercial real estate on the market in Malaysia’s Klang Valley is good news for tenants and is drawing attention from investors looking for higher yields in the Asian market. The Singapore Business Times reports that 89 million square... Read More

Jakarta is Prime Location for International Investors

Posted on 10 December, 2012 by Jodee Redmond under Worldwide Property News

Indonesia's capital city is home to almost 10 million people and according to a new real estate forecast, it's the place commercial property investors should be focusing on in 2013. PriceWaterhouseCooper (PwC) and the Urban Land Institute have released... Read More