Demand for commercial property in the United Arab Emirates (UAE) has stabilized and demand from occupiers has reached a four-year high according to a report released by the Royal Institution of Chartered Surveyors (RICS). The countries gradual recovery in... Read More
Business conditions in Australia are deteriorating, and the commercial property market is taking a beating as a result. Figures released by National Australia Bank's Commercial Property Index indicate the market in Victoria is the weakest area in the country.... Read More
Caroline Lucas, the Green Party MP for Brighton, has urged the government to consider introducing a Land Value Tax (LVT) arguing that it would stimulate economic activity and allow the Treasury to cut income tax for middle earners. Ms Lucas made the call via... Read More
Although there is a serious shortage of land zoned for commercial use in the Durban area and it can take a considerable amount of time to find a property that meets all of a potential buyer's criteria, the market is considered favorable for new... Read More
With Hong Kong introducing a clampdown on speculation on the residential market, investors are turning their attention toward commercial property and the influx of money into the region is driving fears that conditions will fuel a property... Read More
The commercial property market in the UK is not immune to the events that are shaping the economy as a whole. Although the euro zone crisis is an ongoing source of concern for many investors and the domestic economy remains weak, there is still an underlying... Read More
There are signs that the collapse in UK commercial property values is coming to an end, according to a leading banker. Ben Broadbent, who sits on the Bank of England’s Monetary Policy Committee, believes that the UK market is better placed than most to... Read More
Demand for riverside property is fueling a development boom on the banks of the Thames. Investors are buying up redundant industrial buildings from Vauxhall to Greenwich as both residential and commercial developments along the stretch of river have... Read More
Foreign investors were involved in 67 per cent of all commercial property transactions in Australia in the third quarter of 2012. In the same quarter of 2011, buyers in this group accounted for approximately 30 per cent of transactions. Over half of... Read More
Business groups in Scotland have united to oppose plans to reform rates relief on empty properties. Under the proposals, due to be discussed by parliament, business rates relief on unoccupied premises will be cut from 50 per cent to 10 per cent. Supporters of... Read More
