Tag: Property Investment



Symbolic Atlanta Skyscraper Stands Half Empty

Posted on 15 February, 2013 by Neil Bird under Worldwide Property News

Life Imitates Art on Peachtree Street  In a case of life imitating art, Atlanta’s tallest building stands half empty a year after becoming the city’s costliest foreclosure. The story of the troubled Bank of America Plaza echoes that of Croker Concourse... Read More

Birmingham City Council Considers Property Sale

Posted on 8 February, 2013 by Neil Bird under Commercial Sales and Lets

Birmingham City Council is considering a major property disposal to settle a series of equal pay compensation claims the Birmingham Post reports. Birmingham Town Hall The council faces a bill of £757 million after losing its appeal against a court... Read More

Commercial Property is Priced to Perform say Industry Experts

Posted on 1 February, 2013 by Neil Bird under Industry News

Many commercial property investors have seen the value of their portfolios fall significantly over the past five years. Since the onset of the global economic crisis in 2007 investors have witnessed average falls of 11.4 per cent, while some have lost as much... Read More

London Office Market Returns to Pre-Recession Levels

Posted on 31 January, 2013 by Jodee Redmond under Commercial Sales and Lets

International demand for central London offices helped to bring £14 billion in investment into the city in 2012, which brought the market back to its pre-2008 activity level. Two-thirds of this figure came from foreign investors and drove last year's... Read More

Asia Pacific Market Tipped to be Long-Term Winner

Posted on 30 January, 2013 by Jodee Redmond under Worldwide Property News

A new report released by Jones Lang LaSalle has revealed that investors are eager to put more capital into the commercial real estate market. The Asia Pacific market is an especially active one and the company estimates that by the year 2030 direct... Read More

Hammer Falls on Growing Number of Commercial Property Sales

Posted on 23 January, 2013 by Neil Bird under Industry News

The amount of commercial property sold at auction is on the rise and small investors are increasingly among those looking for a piece of the action. Figures from CBRE show that disposals by banks and administrators are fuelling the auction bonanza because... Read More

New Zealand Investors Upbeat about Auckland

Posted on 21 January, 2013 by Jodee Redmond under Worldwide Property News

The results of Colliers International's fourth quarter 2012 commercial property investor confidence survey are in and they show that Auckland retail investors feel most positive about the market. The survey asked participants to share their views about... Read More

Property Investors Deterred by Northern Ireland Violence

Posted on 20 January, 2013 by Neil Bird under Industry News

Images of the violence currently rocking Northern Ireland are deterring investment in the commercial property market, Belfast agents warn. One deal, worth £1.5 million, has reportedly fallen through due to the unrest which has led to politicians calling... Read More

Washington Investment Firm Launches New Real Estate Fund

Posted on by Jodee Redmond under Worldwide Property News

Washington investment firm Meridian Group recently closed the deal on its first real estate private equity fund with over $160 million in discretionary capital from investors. The money can be leveraged to buy property worth more than $500 million in the... Read More

Rise in Worldwide Commercial Real Estate Volumes Reported

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

The results of a new market research report from Jones Lang LaSalle indicate that global real estate volumes increased in the final quarter of 2012. A total of $141 billion in transactions closed during the three-month period to bring the total preliminary... Read More