Tag: commercial property



European Commercial Property Loans Remain Unpaid

Posted on 10 December, 2012 by Jodee Redmond under Industry News

Fitch Ratings has released data indicating that the majority of European commercial property loans that have reached maturity this year remain unpaid. However the data relates exclusively to those loans that were part of secularization deals structured... Read More

California Pilots New Way to Finance Efficiency Upgrades

Posted on 9 December, 2012 by Jodee Redmond under Worldwide Property News

Commercial property owners in California who are looking for a way to make savings financing energy efficiency upgrades will have a new option available to them under a pilot programme that is set to launch early next year. The state's Public Utilities... Read More

Vacant Offices Could House New School

Posted on by MOVEHUT under Top Properties

A free school could be opened in unused office buildings in Portishead in an attempt to solve the shortage of class places in the growing town. The Village Quarter Parents Action Group has selected educational visionary Marcus Orlovsky to push forward... Read More

Investors Confident About Rebounding Irish Market

Posted on 8 December, 2012 by Jodee Redmond under Worldwide Property News

The top commercial property agents in Ireland are predicting the market is set to rebound in 2012 with transactions worth up to €650 million expected to change hands. This amount represents a huge change from the €200 million in sales for... Read More

New Zealand Convention Centre Takes Shape

Posted on by Jodee Redmond under Worldwide Property News

The New Zealand government has confirmed that it has completed a deal for the first three properties it plans to complete by early 2013. Warwick Isaacs, the Director of Christchurch Central Development Unit (CCDU) has confirmed the Crown has signed... Read More

Norway to Invest in US Real Estate

Posted on 7 December, 2012 by Jodee Redmond under Worldwide Property News

Norway's sovereign wealth fund is planning to invest approximately $11 billion in the U.S. real estate market. The fund will eventually put a full five per cent of its assets into commercial property. Yngve Slyngstad, chief executive officer of... Read More

US Commercial Investors Show Caution

Posted on 5 December, 2012 by Jodee Redmond under Worldwide Property News

US commercial real estate investors are responding to higher risks by being more cautious about the amount of money they are borrowing. They are also being realistic about the returns they expect on investments. Buyers have benefitted from the Federal... Read More

US Commercial Rents Rise as Vacancies Fall

Posted on 4 December, 2012 by Jodee Redmond under Worldwide Property News

Most major US commercial markets are showing signs of slow improvement according to the National Association of Realtors' quarterly commercial real estate forecast. The market is currently building momentum, and the increased demand is directly related to... Read More

UK Commercial Property Values Fall for Twelfth Straight Month

Posted on by Jodee Redmond under Industry News

October marked the twelfth straight month that UK commercial property values fell due the country's sluggish economy, according to figures released by Investment Property Databank (IPD). The average value of warehouses, offices and stores fell by 0.3... Read More

Manila in Throes of Commercial Property Boom

Posted on 3 December, 2012 by Jodee Redmond under Worldwide Property News

Manila, the capital city of the Philippines, is currently experiencing a property boom the likes of which has not been in 20 years. This is believed to be due to the changing perception of the area, which until quite recently had not been a place where... Read More