Market Reports World

Hong Kong (Central) and London's West End topped the list of prime office occupancy costs again, according to CBRE Research's latest annual Global Prime Office Occupancy Costs report. Hong Kong (Central) and London's West End remained the two most expensive office locations in the world. Hong Kong's (Central) overall prime oc...

Global growth has strengthened moderately and become more broadly based, including within the Euro Area and among emerging market economies that have been suffering severe recessions. In the advanced economies, headline inflation has risen close to targets except in Japan, but core inflation has remained well short of targets...

Global real estate investment volumes are expected to hit €1.27 trillion (USD1.39 trillion) in 2017, according to Cushman & Wakefield’s The Atlas Summary 2017. Of this amount, Asia Pacific accounts for 44% (€559 billion or USD611 billion), followed by North America (34%; €430 billion or USD470 billion) and EMEA (22%; €281 bil...

AXA Investment Managers - Real Assets has completed, on behalf of CNP Assurances, the acquisition of Zeisehof, a new office building in Hamburg, from a joint venture between Procom and Quantum. The acquisition further adds to AXA IM - Real Assets' property portfolio in Hamburg, totalling 78,235 sqm, across the office and resi...

On behalf of one of its investor clients Redevco has acquired a 5,540 sqm retail unit from Investore for €28.5 million. The former Donner building is located right in the heart of Rotterdam’s prime retail pitch and provides good opportunities to add significant value to the unit through active asset management. In this transa...

Union Investment has now fully reached the investment target for its infrastructure fund UniInstitutional Infrastruktur SICAV-SIF, launched in 2012. Carrowleagh Wind Farm on Ireland’s Atlantic coast is the final major investment for the Union Investment fund, which is invested exclusively in plants for generating renewable en...

Global real estate transaction volumes fell in the first quarter of this year in line with weaker market sentiment, according to JLL's preliminary global capital flows data. However, pockets of growth were registered in some regions with expectations for 2016 activity to stay broadly in line with 2015. EMEA volumes were 20% l...

New capital targeting commercial real estate globally grew to reach a new record of €393.1 billion (US$443 billion) in 2015, according to a report out today from Cushman & Wakefield. The 12th edition of the Great Wall of Money report – launched at MIPIM at Cushman & Wakefield’s stand – tracks the amount of newly-raised capita...

Drum Income Plus REIT enjoys continued growth having now purchased four major UK investment properties totalling £26 million. The REIT has completed another significant acquisition with the purchase of Monteith House in George Square, Glasgow for £5.75 million. Monteith House is a prime multi-let office development with key t...

According to the Industrial Research Forum, at the end of Q3 2015, the vacancy rate in the Czech Republic reached 5.7%, having decreased by 122 bps since Q2 2015. This represents a record-low vacancy rate level, previously recorded in the pre-crisis period. There is currently 315,000 sq m of modern industrial premises ready f...

Four and five star hotels in Dubai reported weakening performance levels in August, with revenue per available room (RevPAR) declining 10.1% to US$147.45 for the month compared to the same period last year. Due to a marginal rise in occupancy levels by 0.6 percentage points, the contraction in room revenues was led largely by...

Despite increased stock market volatility, uncertainty of events in China and the Middle East as well as the approaching return of US monetary tightening, real estate investors have delivered another robust year of rising volumes and values, according to annual research out today from Cushman & Wakefield.

The world’s housing markets continue to surge, and the boom now includes Europe, North America, and some parts of Asia. Of the five strongest housing markets in our global survey, three are in Europe (Ireland (+10.81%), Estonia (+8.99%) and Iceland (+6.19%)) while the other two (Hong Kong (+16.43%) and the Philippines (+6.61%...

Abu Dhabi Hotels reported a 27.2% growth in revenue per available room (RevPAR) to US$73.01 in July, driven by a 10.5 percentage point rise in occupancy levels to 60.8%. The improvement in RevPAR can also be attributed to an average room rate (ARR) growth of 5.2% to US$120.05. The rise in room revenues helped offset the decl...

Global investment in commercial property has grown sharply in the first half of the year to reach USD 318bn, 15% higher than H1 2014, according to research published by DTZ.

Despite Israel’s ongoing geo-political instability the country’s hotel sector has cause for optimism, according to a report from global hotel consultancy HVS. With a number of new properties due to open over the next four years and leisure destinations in the country remaining relatively resilient, international hotel chains ...

Rents increased 0.7% quarter-on-quarter in Q2 2015, while office prices likewise increased 0.7%. This came as occupier demand was driven by expansionary and relocation activity in Tokyo, Shanghai, Hong Kong and Bangalore. However, at a regional level, new office supply outstripped demand for the second consecutive quarter, po...

Following the Global Financial Crisis (GFC), real estate bank lending in Asia Pacific significantly moderated due to key factors: international regulators implementing stricter capital requirements on bank lending such as the Basel III framework, and cooling measures imposed by domestic authorities to curb rapidly rising prop...