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While economic uncertainty still affects the main commercial real estate centres around the world, global real estate markets are showing steady improvements, according to Jones Lang LaSalle’s latest forecasting report.
How do you celebrate the 200th birthday of Charles Dickens? One way is to buy his old house. Winterbourne Country House on the Isle of Wight was home to the author in 1849 and has hit the market just in time for his bicentenary. Dickens, who was born 200 years ago today, lived there while writing David Copperfield and desribed it as "the prettiest place I ever saw".
Lettings activity showed an increase of 25% in 2011 in Dublin, compared to 2010, causing vacancy to reduce from 23% to 21.6%, according to Savills latest office report.
Brazil's commercial property sector is one of the few in the world to record positive sentiment towards rental expectations and capital value growth during the first quarter of 2012.
Commercial real estate trends and issues that were prevalent in 2011 will continue into 2012, according to Steve Hentschel, managing director and head of Real Estate Banking, Gleacher & Co.
Student housing demand is outstripping supply despite a drop in university applications.
Commercial property markets in Europe struggled to keep pace with other parts of the world, as the effects of the global financial crisis continued to impact on investment and occupier markets, it is claimed.
Transaction volumes for Germany’s commercial real estate market will exceed €20 billion in 2012 with continued strong demand from both domestic and foreign investors, it is claimed.
A British couple have sold their home and moved across the UK to live in an unusual new property: a toll bridge. The Whitney-on-Wye bridge, which is attached to a cottage, cost £403,000 and lets the couple charge anyone travelling between Hereford and Hay-on-Wye. But toll crossings are not a buyer's only bridge to profit this year, as London real estate prepares for the Olympics.
Performing exceptionally well compared to traditional investments over the last year, student accommodation in the UK has outperformed every other commercial property class, supplying regular returns throughout the economic crisis according to the Knight Frank Student Property Report 2012.
UK commercial property performance for December followed the pattern of previous months, with total returns of 0.5% and no overall movement in capital values, according to CBRE’s latest Monthly Index.
Development finance available for new UK commercial properties has continued to dry up, with fully pre-let and speculative projects falling out of favour with major lenders who have been spooked by the eurozone debt crisis, a survey shows.
According to a new study by STR Global and Whitebridge Hospitality, London hotel profitability over the last 11 years has outperformed the rest of the UK, seeing the profit gap between London and regional hotels across Britain widen since 2000.
Despite on going financial concern across the euro zone region, Italian real estate investment has the potential to be a platform for growth in the medium term, according to Jones Lang LaSalle research.
Kimco Realty Corp’s decision to go public in 1991 kicked off what is now considered the Modern Real Estate Investment Trust Era. Twenty years later, Kimco President and CEO David Henry says the company’s initial public offering changed the face of commercial real estate investment.
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