Tag: commercial property



Calgary Office Demand to Normalise Over Time

Posted on 30 October, 2012 by Jodee Redmond under Worldwide Property News

Calgary's downtown office market has been very dynamic over the last few years, with more than five million square feet of absorption over the past three years alone. It's not likely this level of activity will continue in the long term,... Read More

Irish Commercial Property Returns Rise

Posted on 28 October, 2012 by Jodee Redmond under Worldwide Property News

Returns in the commercial property market in Ireland have been positive over the last four quarters, with returns coming at the rate of 4.8 per cent over the past year. Research firm Investment Property Databank (IPD) has released calculations indicating the... Read More

Dubai Commercial Real Estate Transactions Rise

Posted on 25 October, 2012 by Jodee Redmond under Worldwide Property News

The Dubai Land Department has released a statement indicating the total value of property transactions in the first nine months of the year has reached a very impressive Dh83 billion. A total of 20,925 sales were completed during the period, and 5,042... Read More

US Commercial Property Market Outlook Optimistic

Posted on 23 October, 2012 by Jodee Redmond under Worldwide Property News

The theme of the Emerging Trends in Real Estate report is one of optimism, even though the U.S. recovery remains a slow one. The report is a joint venture between PricewaterhouseCoppers and the Urban Land institute. Jonathan Miller, a partner and co-owner of... Read More

Greek Property Yields Climb on Economic Pessimism

Posted on 21 October, 2012 by Jodee Redmond under Worldwide Property News

Yields on prime commercial property in Athens were up this year due to pessimism over the Greek economy. The prospect of banks selling assets further depressed real estate values, according to Colliers International. The best office properties in the... Read More

Crossrail Set to Boost London Property Values

Posted on 20 October, 2012 by Neil Bird under Industry News

Crossrail is expected to add £5.5 billion to residential and commercial property values along its route by 2021. The claim follows research conducted by industry consultant GVA who also expect Crossrail to lead to the development of 57,000 new homes and 3.25... Read More

Commercial Rents Rise in Key Cities

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

Prime rents in key cities were up by 2.3 per cent in the first half of 2012, according to Knight Frank. This amount was considered modest compared to the kinds of increases that were the norm before the goal financial crisis of 2008. Economists at the... Read More

UK Commercial Property Returns Up in Third Quarter

Posted on 18 October, 2012 by Jodee Redmond under Industry News

Third quarter returns in the UK are offering encouraging numbers for investors, according to the latest report released by Jones Lang LaSalle. Returns were in the black by a rate of 1.3 per cent, compared to 0.4 per cent in the second quarter. Analysts noted... Read More

Irish Retail Companies Feeling the Pinch

Posted on 16 October, 2012 by Jodee Redmond under Worldwide Property News

According to London-based index firm Investment Property Databank (IPD), Irish commercial properties have fallen on hard times due to a combination of low consumer demand and a lack of tenants. This situation arises although the Irish economy has so far... Read More

American Property Companies on European Spending Spree

Posted on by Jodee Redmond under Worldwide Property News

Large US-based property companies have their corporate eyes firmly on European properties and are cashing in at an impressive rate. In the first nine months of this year, corporations have spent 3.5 billion euros on foreign real estate... Read More