Demand for retail space fell again in the last quarter as economic uncertainty continues to depress the market. The Royal Institution of Chartered Surveyors (RICS) UK Commercial Market Survey, which was released on Friday, shows that take-up of high street... Read More
A ruling by the Supreme Court has brought to an end a five year legal battle that threatened the estates of some of the UK’s wealthiest landlords. An unintended loophole in the 2002 Leasehold Reform Act had led to confusion about the distinction between... Read More
Amazon, the world’s largest internet retailer, is to pay over $1 billion to secure the purchase of its Seattle headquarters. The price paid to Microsoft co-founder Paul Allen, for the 1.8 million square feet of office space, is the highest ever paid in... Read More
Commercial property investors looking to invest in Saudi Arabia have a sense of optimism that makes perfect sense, given the encouraging developments that have been happening in the country. In February 2011, King Abdullah made a major announcement that the... Read More
Proposals designed to ensure banks are protected from the potential risks of property lending could have a negative impact on the UK commercial property market, it has been claimed. A simulation by analysts Investment Property Databank (IPD)... Read More
Experts have warned ministers that the SNP's plans for a new property tax poses a risk to the economy. This measure may dissuade companies and business people who are considering moving to Scotland. The Land and Buildings Transaction Tax... Read More
Logistics is emerging as a distinct and attractive commercial property asset class according to the Investment Property Databank (IPD). The IPD Pan-European Logistics Performance Report published last week shows that logistics property ranks second only to... Read More
Property agent Knight Frank says London is becoming a magnet for foreign commercial property investors in spite of disappointing growth figures for the domestic economy. The company has stated that revenues have grown eight per cent to £334m in the year... Read More
Prospective investors who are interested in the Irish commercial property market are more positive than during the past five years, according to the National Asset Management Agency (NAMA) chief executive. Brendan McDonagh has said that the perception of the... Read More
The number of orders for new construction projects fell for the fourth consecutive month in September, despite a rise in civil engineering activity. The construction sector accounts for just 7 per cent of the UK economy, but its poor performance over the... Read More
