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Asia continued to dominate the world’s most expensive office locations, accounting for seven of the top ten markets, according to CBRE Research’s biannual Global Prime Office Occupancy Costs survey. London’s West End district remained the world’s highest-priced office market.
London’s West End remained the world’s highest-priced office market but Asia continued to dominate the world’s most expensive office locations, accounting for three of the top five markets, according to CBRE Research’s semi-annual Global Prime Office Occupancy Costs survey. The study also found that prime rents are rising fas...
New York attracted the most commercial real estate investment during the last year as the global real estate investment market saw volumes increase by 17.2% to US$788 billion, according to Cushman & Wakefield’s annual ‘Winning in Growth Cities’ report launched today at Expo Real in Munich, Germany.
CBRE Global Investors, has acquired on behalf of a separate account client, Sunrise House, Beaconsfield for £3.2million and Wickes, Madford Retail Park £5.48million. The vendor was Palace Street Group and London and Capital respectively.
UK insurance company QBE has taken 22,000 sq ft of quality office space at McAleer & Rushe’s Central Park development in Leeds. QBE has signed a five-year lease for two floors at Acclaim House, Central Park, at a rent of £11 per sq ft.
According to the 2014 release of JLL and LaSalle Investment Management’s biennial Global Real Estate Transparency report, over 80% of the analysed markets have registered improvements in transparency since 2012. According to the research paper, the world’s most transparent markets are the UK, US, Australia, New Zealand and Fr...
Increasing allocations into commercial real estate in the first half of 2014 is driving transaction volumes higher across much of the globe, with direct commercial real estate transactions reaching US$294 billion, up 27 percent over the same period last year. Due to the stronger-than-expected performance in both the Americas ...
According to a new global retail report from Cushman & Wakefield, global trends remain positive for shopping center development. Although, emerging economies have slowed and development won’t match the strength of 2012 and 2013, significant additions to supply are expected from 2014-2016 in major emerging markets like Brazil...
Asia Pacific investment markets were quiet in Q1 2014, but this was to be expected as the first quarter of the year is traditionally a subdued period. From Q2 2014 onwards CBRE expects activity to rebound, led by Japan and Australia: several major deals are expected to close shortly and a few sizable transactions were reporte...
Hotels in Abu Dhabi capitalised on a surge in demand during March, boosting profits by 14.3%, according to the latest HotStats survey of full-service, four and five star hotels by TRI Hospitality Consulting Middle East.
According to JLL, direct commercial real estate transaction volumes has reached globally US$130bn in the first quarter of 2014, up 23 percent on the same period last year.
According to Cushman & Wakefield’s latest International Investment Atlas the global property investment market delivered €859 billion of transactions in 2013 – a 22.6% increase on 2012 and the highest total since 2007.
Acting on behalf of Scarborough Muir Group Ltd, Ryden announced the letting of the last remaining 4,240 sq ft of office accommodation at Aquarius Court, part of the Innova Campus within Rosyth Europarc. The final tenant is Core Assets, a leading fostering and children’s services group, and they join defence contractor QinetiQ...
Asia's real estate investors are extending their geographical boundaries to include the United States, Australia and countries in Europe as they pour increasing amounts of money from their home markets to overseas, according to Colliers International's latest white paper - Riding the Next Wave of Asian Buying Spree. Whereas ...
Asia Pacific hotel investment volumes reached a historic record high in 2013, with a total of 143 transactions worth US$13.4 billion of sales transacted. Strong investment demand led to a 53% rise in volumes, fueled by the low cost of borrowing in particular from Asian investors. The record breaking performance was supported ...
BNP Paribas Real Estate Hungary has been appointed by Immofinanz Group to manage its portfolio in Budapest. The assignment includes six office buildings, located in the central and northern part of the Hungarian capital city, representing a total rentable surface area of 52,090 sqm. The most significant buildings are Greenpoi...
Demand for office space in Asia Pacific strengthened in Q4 2013 and in the second half of 2013 overall. The office sector showed signs of improvement in Q4 2013, particularly in the media, technology and pharmaceuticals sectors. However, prospects for a significant upturn in demand largely rest on the health of the financial ...
Henderson Global Investor has purchased a 125,000 ft² (approx. 11,612 m²) Retail Park in Bournemouth. Mallard Road Retail Park was acquired from Orchard Street Investments for £34 million (approx. €40.6 million) at a net initial yield of 7.5%.