News Archive: 2009

09, 2009 September:

Hidden impact?

The full extent of the commercial property market crisis in the US and its impact on banks and lending institutions has not yet been revealed, according to analysts...

08, 2009 September:

Positive gains once more

Commercial property returns returned to positive territory for the first time in two years in July, according to BDO Stoy Hayward's Commercial Real Estate Review...

In for a penny

The number of discount retailers has increased by 60 per cent during the last two years according to new research by the Local Data Company backed by the British Property Federation (BPF)...

07, 2009 September:

Sights and the city

The $5bn City of Arabia development is on schedule for a phased opening starting from the end of 2010...

Office-al growth in India

The office property market in key business districts in India is experiencing an increase in confidence with banks and financial services companies buying but the IT and ITeS sectors are yet to enter the growth spree as they are still depressed by the global economic downturn, according to analysts...

Facelift for ‘Worst building in history'

Poor old North Korea - the country was none too pleased when one of its buildings was dubbed ‘the worst building in the history of mankind' by Esquire Magazine - but now, the 105-storey hotel has been given a new look - so will it finally be able to shed its unfortunate nickname and become a swan?..

What's next for US?

It could take a generation for the US commercial property market to return to the kinds of deals seen during the boom years of 2005 to 2007, according to analysts...

28, 2009 August:

China outpacing competition

Not only is the Chinese residential property market soaring, but now the latest figures show that the country's commercial real estate sector is performing above expectations too...

Dubai rents ‘plummeting'

Residential property rents in Dubai are continuing to plummet, according to the latest real estate report to be published but there are signs of some stabilisation...

Power station's future uncertain

The owner of Battersea Power Station, Real Estate Opportunities' (REO) £1.6bn debt pile represents a ‘material uncertainty' that the company can continue as a going concern, its directors and auditors said today...