Latest Commercial Property News Articles

08 June, 2011:

French mall deal volumes to rise 2 bln eur in 2011

Large investors are pouring money into French retail property in 2011 in a move away from the increasingly crowded UK and German markets, with deal volumes set to rise by almost 2 billion euros ($2.9 billion) this year.

07 June, 2011:

Distressed property listing up in Ireland, Spain, South Africa and the US

Ireland, South Africa, the US and Spain have seen the largest increase in distressed property listings in the first three months of the year, according to the latest index from the Royal Institution of Chartered Surveyors.

06 June, 2011:

Trump to open Panama City hotel July 6; others to follow

The Trump Hotel Collection will open its sixth hotel in Panama City on July 6, possibly giving the growing hotel chain a jump on its bigger rivals in this growing business destination.

03 June, 2011:

Investors jump back into rebounding hotel market

With the U.S. hotel sector firmly in recovery mode, the number of large hotel investment sales has continued to rise in the second quarter.

02 June, 2011:

Commercial property and carry forward rules - great pension partners

Commercial property investment within a SIPP and the new carry forward rules may help high net worth individuals maximise their pension contributions this tax year, according to SIPP provider Alliance Trust Savings.

27 May, 2011:

Boom ahead for European commercial property?

Investors looking for higher yield in commercial property would do well to migrate from London to Eastern Europe, Holger Schmidtmayr, Board Director at Austrian real estate investment company Sparkassen Immobilien, told CNBC.com Thursday.

24 May, 2011:

Qatar to build leisure complex in Cyprus

Cyprus has approved an agreement with Qatari Diar Real Estate Investment Co to set up a joint venture with the initial investment exceeding $150m to develop a hotel, shopping, office and apartment complex in the capital Nicosia, the Peninsula has reported.

20 May, 2011:

Portas must suggest radical solution in her town centre review

Mary Portas, the shopping expert and broadcaster, has been asked by the Government to lead a review into the future of the High Street. She will look at how to create “more prosperous and diverse high streets.”

18 May, 2011:

Copenhagen's new design hotel opens its doors

The largest hotel in Scandinavia opened May 16 in Copenhagen, another new entrant into the Danish capital's rapidly growing hotel market.

Bulgarian Hotel Revenues Up 2% Q1 2011 Y/Y

The total number of accommodation facilities in Bulgaria - hotels, motels, camping sites, mountain chalets and others increased by 1.9% in the first quarter of 2001, compared to the same period of 2010.

11 May, 2011:

Egypt set to uphold Palm Hills verdict

Egypt's housing minister Fathi Abdelaziz el-Baradei has said the government will uphold a court ruling to scrap a sale of state land to developer Palm Hills but will ensure ordinary Egyptians are not hurt, Ahram has reported.

10 May, 2011:

Rise in US commercial property sales predicted on job growth

Better than expected statistics in new job growth for April have some economists optimistic about the commercial real estate market.

09 May, 2011:

Demand for London office space surges ahead

Office space in London continued to outperform all other sectors and regions of the UK’s commercial property market during the first three months of 2011, according to the latest RICS UK Commercial Market Survey.

Bahrain developers might face new tax

Bahrain is considering collecting up to 3% of the value of investments by real estate firms to fund community projects.

Top 5 factors to close an investment-grade property

For investors considering buying a property, the decision can be confusing. Here are the five most important factors that will determine closing.