Latest Commercial Property News Articles

05 April, 2011:

Distressed bargains strengthen Spanish commercial property

Opportunistic investors chasing cut-price prime commercial property in recession-hit Spain have helped push the sector's total returns into positive territory for the first time in two years, a survey has found.

04 April, 2011:

Marks & Spencer to reopen in Paris

A decade after its flagship Boulevard Haussman store closed its doors, the iconic British supermarket brand will open a new store on Paris's Champs Elysees.

31 March, 2011:

Egyptian resort developer reports healthy profit

It may be a different story for this year's results, but development firm Egyptian Resorts posted a significant 18% revenue rise year on year in Q4 2010.

30 March, 2011:

Bargain rents drive businesses back to UAE

Similarly to the rock-bottom price deals to be had in Florida, commercial tenants are flocking back to Dubai as rents continue to drop. As a result, long-term tenancies that create a 'win-win' for landlords and lessees are now becoming more popular.

29 March, 2011:

Market expert predicts German property price surge

With residential and commercial property markets both firing on all cylinders, the future is looking bright for real estate buyers in Germany, says one property analyst from investment giants Deutsche Bank.

25 March, 2011:

Italian investment fund buys Milan's Rinascente

A privatised pension fund for Italian doctors and dentists has purchased Milan's most famous department store in the Piazza del Duomo.

24 March, 2011:

Libya's stake in European property causes alarm

While Europe's reliance on Libya for oil production is well documented, the stake the cash-rich government holds in many key property markets, particularly that of Britain, is also surprisingly large.

Greek government plans mass sale of state property

In a bid to get its swelling national debt under control, the Greek government will offload a large proportion of its commercial real estate holdings and other state property assets.

Commercial property insiders tip Germany to take off

A key figure from commercial property adviser CB Richard Ellis has indentified Germany as the prime market for investment this year.

23 March, 2011:

Israeli property tycoon buys former Nazi hangout in Paris

Israeli real estate magnate Alfred Akirov has somewhat controversially purchased Hotel Lutetia, a renowned Left Bank hangout for generations of film stars and, most famously, the Nazis during their occupation of France.

French commercial property returns at record highs

Income return on commercial premises in France reached 5.8% last year, according to the bi-annual Property Index from financial database IPD France - in fact, the rate was the highest level in the index's three-year history.

17 March, 2011:

UK retail executive rails at rent increases

Chief executive of high-street giant French Connection has attacked the UK government's policy on 'upward only' rent reviews amongst commercial landlords.

Disgraced British property tycoons to sue Icelandic bank

High-flying property developers the Tschenguiz brothers, who were arrested earlier this month for their role in the collapse of Icelandic bank Kaupthing, are planning to sue the lender for damages.

Luxury Anguilla resort faces bankruptcy

The owners of the Caribbean island's exclusive Viceroy resort, which has hosted the likes of Ellen DeGeneres and Sandra Bullock, will file for bankruptcy in the USA today.

16 March, 2011:

US green building initiative may boost commercial property industry

President Obama’s new Better Buildings Initiative, offering tax incentives for converting office premises into more energy-efficient buildings, may lead to a growth in commercial property investment across the country.