Latest Commercial Property News Articles

06 May, 2011:

Budget hotel revolution predicted for Middle East

A leading property consultancy has said that the Middle East could undergo a budget hotel revolution, as the Arabian Travel Market (May 2-5) gets underway in Abu Dhabi.

American Apparel owners purchase fashion chain All Saints

The owner of clothing retailers La Senza and American Apparel has bought fellow fashion chain All Saints in a deal set to secure hundreds of jobs.

Saraya to go ahead with Jordan, Oman projects

Saraya Holdings, a leading Dubai-based developer, has resolved to move forward with the execution of its projects in Jordan and Oman and ensure its continuity under prevailing conditions, a spokesman said.

04 May, 2011:

London sees 10% increase in hotel rates

For those considering making an investment in the lucrative hotel market, the latest data from the Trivago Hotel Price Index suggests that London remains one of Europe's best bets

03 May, 2011:

European property stocks return 3.6% in April

European listed real estate ended April 2.6% higher, with the strong performance being driven by UK stocks.

28 April, 2011:

Disappointing drop in Cyprus real estate prices

The fifth issue of the RICS Cyprus Property Price Index show that real estate prices across the Island fell during the fourth quarter of 2010, with house and apartment prices falling by an average of 2.6% and 2.4% respectively.

27 April, 2011:

US commercial property update: a tale of two markets

With property values rebounding, greater availability of debt financing and a slew of significant recently completed merger-and-acquisition and individual property transactions, commercial real estate investors might be tempted to believe that a robust market recovery is underway. However, a closer look reveals a highly bifurcated market with enough potential future roadblocks to cause investors concern.

European real estate investment up 32% in Q1

Direct commercial real estate investment volumes in Europe reached EUR 26 bn in the first quarter 2011, representing an increase of 32% year-on-year, according to new research from Jones Lang LaSalle.

20 April, 2011:

Revival in French commercial sector

After two years of falls and inactivity, French commercial real estate saw a recovery in 2010, according to the latest IPD France Annual Property Index.

19 April, 2011:

One Hyde Park flat is sold for £136m

Nick and Christian Candy sell the Knightsbridge home for a record price in their new London development

15 April, 2011:

Major brands to set up shop in Sydney

Shoppers in Sydney should get ready as a plethora of high-profile international retailers including Topshop from Britain and Uniqlo from Japan are preparing to open up new stores.

14 April, 2011:

London's Citigroup tower for sale at £1 billion

The 42-storey Canary Wharf tower that houses the European headquarters of Citigroup is being put up for sale for more than £1 billion ($2 billion), the commercial property agents Jones Lang LaSalle said yesterday.

12 April, 2011:

French commercial sector sees strong recovery

French commercial real estate saw a recovery in capital values last year, recording 4% growth with the rebound in values leading to a total return of 10%, according to the latest IPD France Annual Property Index.

11 April, 2011:

New homes to be created from empty UK offices

Dormant offices will be turned into new homes under radical UK government proposals to change the planning system.

07 April, 2011:

Lebanese property market booming, says Damac

Lebanon is currently one of the best performing property markets in the Middle East region with real estate prices in capital Beirut up 25 per cent over the last five years, said a top official of Damac Properties.