The US office market has been on an upward curve since the economy began the slow recovery from recession. November's employment figures were much better than expected with 203,000 jobs created nationwide. In October 200,000 jobs were added, which... Read More
A rash of high-value commercial transactions has confirmed New Zealand’s emergence from the global property downturn with total sales for 2013 at a six year high. “The recovery is being reflected across all sectors of our business. The market is... Read More
British Land and new joint owners GIC have unveiled plans to redevelop Broadgate, the 32 acre office and retail complex in the City of London. The plans follow the acquisition of a 50 per cent stake in the estate by GIC from Blackstone which is... Read More
Construction of the Pinnacle office tower in the City appears set to resume, even though the project has been described as "impossible” by some observers. Work on the Pinnacle came to a halt in 2012 and a review process was launched due to increasing... Read More
Leeds city centre office take-up is set to surpass 2012 levels. For the first time in six years, figures are on par with pre-recessionary levels, according to research conducted by BNP Paribas Real Estate. The total Leeds office take-up between Q1 and... Read More
A 48-acre Edinburgh development site has sold for 50 per cent over estimate, reflecting the strength of Scotland’s recovering property market. Jones Lang Lasalle had valued the 48-acre plot and an adjacent 60,000sq ft building at £10m in response to... Read More
Ireland’s Green Property has unveiled what it claims is the biggest single office floor space in the city of Liverpool. The Dublin-based company hopes its 35,000sq ft refurbishment of the iconic India Buildings in Water Street will help attract... Read More
As London continues to grow in popularity as both a residential and business investment hub for multinational companies, developers have begun to realise the value of creating spaces in which both homes and commercial properties can co-exist. As a result,... Read More
Demand for shops, offices and industrial space in the North-East has seen its first real rise since 2011. According to the Royal Institution of Chartered Surveyors around nine per cent more of its regional members reported rises rather than falls in... Read More
Two speculative projects are underway in Bristol after five years of zero-growth in the commercial market. Work has now started at 2 Glass Wharf on a joint development for Salmon Harvester and NFU Mutual. The Swedish-based Skanska group also has an... Read More