Tag: offices



Analysts predict that 2014 will be a Good Year for the US Office Market

Posted on 5 January, 2014 by Jodee Redmond under Economy, Worldwide Property News

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

New Zealand Commercial Sales hit Six Year High

Posted on 4 January, 2014 by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

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

Broadgate Redevelopment to Expand Retail Offer

Posted on 3 January, 2014 by Neil Bird under Commercial Developments, Commercial Sales and Lets

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

Pinnacle Development could restart following Review

Posted on 2 January, 2014 by Jodee Redmond under Commercial Developments, Top Properties

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 Office Market set to outperform 2012 Levels

Posted on 28 December, 2013 by Jodee Redmond under Industry News

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

Edinburgh Land Sale Reflects Recovering Market

Posted on 19 December, 2013 by Cliff Goodwin under Commercial Sales and Lets

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

Refurbished India Buildings offers Blend of Old and New

Posted on 16 December, 2013 by Cliff Goodwin under Top Properties

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

Canary Wharf Group unveils Ambitious New Development Plans

Posted on 12 December, 2013 by Kirsten Kennedy under Commercial Developments

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

North-East Demand on the Rise

Posted on 11 December, 2013 by Cliff Goodwin under Industry News

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

Speculative Development Resumes in Bristol

Posted on 9 December, 2013 by Cliff Goodwin under Commercial Developments

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