Tag: offices



Brokers Bullish about Dublin Office Rents

Posted on 9 February, 2014 by Jodee Redmond under Worldwide Property News

Davy Stockbrokers have claimed that office rents are set to go as high as €50 per square foot in what amounts to one of the most bullish calls on the future of the Dublin commercial property market in recent history. According to the broker's most... Read More

European Commercial Property may become a less attractive Investment by 2015 says DTZ

Posted on 8 February, 2014 by Jodee Redmond under Industry News

DTZ has published its European all-property Fair Value Index results for Q4 2013. The Index, which provides insight into the attractiveness of current pricing in European property markets, remained stable in the fourth quarter of last year at 72, although the... Read More

Blackstone joins the shift to German Commercial Property

Posted on 7 February, 2014 by Cliff Goodwin under Worldwide Property News

The private equity firm Blackstone has become the latest investment house to shift its money from Germany’s housing market to the country’s commercial sector. The New York-based Blackstone Group was one of the first multi-nationals to cash in on... Read More

Silicon Valley and Bay Area Developers optimistic about Office and Industrial Market Outlook

Posted on 6 February, 2014 by Cliff Goodwin under Commercial Developments, Worldwide Property News

A unique long range survey of Californian building trends has rated Silicon Valley as the most “optimistic” for office development. The twice-yearly report — compiled by law firm Allen Matkins and the University of California Los Angeles —... Read More

Commercial Lease Lengths at Historic Low

Posted on 4 February, 2014 by Cliff Goodwin under Industry News

With commercial landlords forced to offer greater incentives to attract tenants during the financial crisis, lease lengths have fallen to an historic low Prop-Search reports. Prop-Search surveyor Samantha Jones More than 80 per cent of leases signed in... Read More

Overseas Investment continues to fuel Dublin Revival

Posted on by Cliff Goodwin under Worldwide Property News

Dublin is facing an invasion of international businesses and retail chains pushing rents to record highs and forcing a fresh wave of office developments. According to the commercial property consultancy, CBRE Ireland, prime office rents in Dublin 2 and 4... Read More

Vornado set to make 50 per cent Profit on Three-Year Manhattan Office Deal

Posted on 3 February, 2014 by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

Three years after rescuing a Park Avenue office tower from default Vornado Realty Trust has put the Manahattan property on the market. Vornado — which has a stake in more than 20m square feet of Manhattan office space — has instructed Eastdil Secured to... Read More

Landmark Washington Hotel Sold

Posted on 2 February, 2014 by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

One of Washington’s landmark hotels has been sold and moth balled prior to a multi-million dollar redevelopment. Details surrounding the sale by Stanford Hotels Corporation of its L'Enfant Plaza Hotel in downtown Washington D.C. are still sketchy with new... Read More

Vancouver Skyline to gain Seven New Office Towers

Posted on 1 February, 2014 by Jodee Redmond under Commercial Developments, Worldwide Property News

Vancouver's downtown building boom will create much-needed office space in the city. Mayor Gregor Robertson broke ground recently on The Exchange, a $200 million, 31-storey Credit Suisse office tower in the financial district. It is one of seven buildings... Read More

Speculative Development gathers pace in the West Country

Posted on 31 January, 2014 by Cliff Goodwin under Commercial Developments

The West Country is facing its biggest surge in speculative development projects for more than five years, according to some of the region’s leading agents. With office space in Bristol at its lowest since the downturn of 2008 and industrial availability... Read More