Tag: Commercial Market



Savills on Commercial Market Post Election

Posted on 8 May, 2015 by Chris Grigorovsky under Business News

In light of the 2015 UK general election coming to a dramatic conclusion, property company Savills have responded with their views on the effect it will have on the commercial market, which overall seems minimal. According to Savills' head of European... Read More

CBRE Ireland posts Losses but anticipates Improving Market Activity

Posted on 9 December, 2013 by Cliff Goodwin under Industry News

The Irish division of the international property giant CBRE plunged into the red last year with pre-tax losses of €4.57m (£3.82m). In its annual return CBRE Ireland claimed revenues for 2012 had tumbled by 34 per cent to  €7.5m (£6.27m),... Read More

Irish Commercial Property Prices Hit Bottom of Deep Cycle

Posted on 2 October, 2013 by Jodee Redmond under Worldwide Property News

But the market is bouncing back says report Irish commercial property prices have dropped by over two-thirds since reaching their peak and are now at 1983 levels, according to a report released by Goodbody Stockbrokers. Dublin Docklands The country is... Read More

Property Investors turn to Regional Markets

Posted on 30 September, 2013 by Neil Bird under Commercial Sales and Lets

Domestic property investors are turning towards the regions as overseas money continues to dominate the London Market, according to Knight Frank. The news follows a series of reports suggesting that the improving economy is stimulating demand and the boom in... Read More

US Property Prices Fall as Interest Rates Rise

Posted on 31 August, 2013 by Jodee Redmond under Worldwide Property News

U.S. commercial property prices fell by a single percentage point in July from the previous month. Rising interest rates are blamed for increasing the cost of financing deals. The Green Street Commercial Property Price Index was four per cent higher... Read More

UK Commercial Property Values Rise for Third Month

Posted on 22 August, 2013 by Jodee Redmond under Industry News

Commercial property values in the U.K. increased for the third straight month in July with office buildings leading the way, according to Investment Property Databank (IPD). The average value of shops, warehouses and offices increased by 0.2 per cent... Read More

Commercial Property Deals in Ireland Forecast to Triple

Posted on 19 July, 2013 by Jodee Redmond under Worldwide Property News

Investors will spend three times as much on commercial property in Ireland in 2013, according to research released by property consultant Savills. Total sales for the year are likely to break the 1.5 billion euros mark, as opposed to 576 million... Read More

Newcastle Commercial Property Market Showing Signs of Recovery

Posted on 17 July, 2013 by Jodee Redmond under Industry News

Newcastle's commercial property market is showing clear signs of improvement in some sectors, which is providing cause for cautious optimism. The city's retail market is quite diverse and its city centre shopping district is continuously evolving with... Read More

Is Location Critical to Commercial Property Success?

Posted on 1 July, 2013 by Jodee Redmond under Industry News

In the case of residential property, the three most important factors are "location, location, and location." But when it comes to commercial property, does the mantra apply in the same way? The London market is very active right now, and has reached... Read More

Confidence Returning to Regional Market

Posted on 16 May, 2013 by Jodee Redmond under Industry News

Jones Lang LaSalle says that confidence is returning to the regional commercial property market and that it is "stronger now than at any point since the financial crisis." Tim Luckman, of the North West valuation advisory team, made the comment at the... Read More