Economic uncertainty continues to have an impact on US corporate decision-making and, consequently, on the commercial real estate market. This is likely to remain the case until the latter part of 2013, according to a report released by Jones Lang... Read More
An Asian investment spree has helped to cement London’s position as the top office market in the world. Billions of pounds from China, Malaysia, Singapore and South Korea have been pouring into the capital pushing the market to levels not seen since before... Read More
Banks in the UK and Europe are currently preparing to take a major hit on their assets as they prepare to lessen their exposure to commercial property. Financial institutions have offloaded their best assets but are left with the problem of making the choice... Read More
Local real estate executives say New York City's commercial property market will recover in the wake of the devastating effects of Hurricane Sandy, just as it has from previous disasters. Peter Hauspurg, the chairman and chief executive officer of... Read More
Only two weeks ago we reported that squatters had occupied a former Chelsea rehab clinic that had once treated pop superstar Michael Jackson. This followed the earlier occupation of the nearby Cross Keys pub. Now another Chelsea commercial property is in the... Read More
US commercial property owners who may have been worried about being able to refinance existing mortgage debt earlier this year may find their situation vastly improved now. Credit markets have strengthened in recent months, and mezzanine debt has become a lot... Read More
Going green can be beneficial to commercial real estate landlords but they tend to focus their attention on projects that are easy on the wallet and that tenants can actually see. A new report released by Jones Lang LaSalle, entitled Global Sustainability... Read More
The national high street vacancy rate has hit record levels according to a survey by the British Retail Consortium (BRC). The figures reveal that 11.3 per cent of shops currently stand empty. Put another way this amounts to more than one in ten, and the BRC... Read More
Demand for luxury branded goods is boosting the performance of prime retail property in Europe’s leading shopping destinations. Cushman & Wakefield reports that, in sharp contrast to many high streets, rental growth on so called ‘super streets’ rose... Read More
As Movehut has previously reported, recent changes to the law have made squatting in residential property a criminal offence. However, the changes do not apply to commercial property and we forecast that this could lead to a rise in unoccupied business... Read More
