A recent report commissioned by the British Property Federation (BPF) has revealed that commercial real estate is worth £1,662bn and represents 20.6% of the total net wealth in the UK. In 2014, commercial real estate contributed £94.2bn to the UK's... Read More
In 2014, construction firms completed 600,000 sq ft of retail development in Central Florida, and national commercial real estate firm Marcus and Millichap anticipates that an additional 900,000 sq ft will be added by the end of this year. With... Read More
For more than six years the US Federal Reserve has kept interest rates down to stimulate spending but this era has to come to a close, warns entrepreneur Jorge Newbery, and lifting the lid will hit commercial real estate values. Writing in the... Read More
During 2014, the US Consumer Price Index (CPI) increased by only 0.8 per cent. Recent figures released by the Bureau of Labor Statistics indicated that it went down by 0.4 percent in December. Much of the December decrease has been attributed to falling... Read More
New York City has emerged as the top spot among global commercial real estate investors pushing London into second place. The vast majority (more than 90 per cent) of respondents to a survey conducted by the Association of Foreign Investors in Real... Read More
Global commercial real estate transaction volumes hit record levels in the fourth quarter of 2014, according to JLL. Volumes in the final quarter reached $218 billion, which brought the preliminary volumes for the year to $700 billion, 28 per cent... Read More
Sales of commercial real estate in the Lower Mainland slowed in the period from July to September, compared with the same period in 2013. The Real Estate Board of Greater Vancouver reported that the value of transactions dropped to $1.2 billion during... Read More
Mixed-use and transit-oriented developments are becoming a staple of new construction across the US Southeast. Mixed-use buildings are now so popular that it is becoming increasingly rare to see a new office building being constructed without either a... Read More
Real estate firm Coldwell Banker is reporting that the commercial real estate market in Bermuda is looking up, after going through a difficult period. The firm stated recently that it had either rented or placed in contract close to 80,000 sq ft of... Read More
The upturn in the US economy should keep interest in commercial real estate steady, according to the quarterly forecast released by the National Association of Realtors®. (NAR) Lawrence Yun, NAR’s chief economist, commented recently that commercial... Read More
