Worldwide Property News

While our primary focus is the UK commercial property market we will occasionally carry international stories. In the Worldwide News category you can read articles exploring global market developments or looking at a particular overseas commercial property story that has caught our attention.

Joint Initiative launches Brooklyn Navy Yard scheme

Posted on 11 July, 2015 by Jodee Redmond under Commercial Developments, Worldwide Property News

A joint initiative involving Boston Properties, Rudin Development and WeWork is developing a new 675,000 sq ft scheme in Brooklyn Navy Yard, designed to meet the demand from the emerging creative and tech sectors. The $380 million project is being carried out... Read More

Global Property Transaction Volumes unchanged despite Greek Crisis

Posted on 10 July, 2015 by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

Preliminary data from Jones Lang Lasalle (JLL) shows that global real estate transaction volumes in Q2 remained unchanged year-on-year, despite Greece’s debt crisis and difficulties in the Chinese equity markets. Transaction volumes increased by 30... Read More

Spicer Oppenheim and AECOM sign St Petersburg Agreement ahead of Russia 2018

Posted on 6 July, 2015 by Neil Bird under Commercial Developments, Worldwide Property News

UK based property developer Spicer Oppenheim and strategic partner AECOM have finalised an agreement with the City of St Petersburg to deliver a major scheme to support the 2018 FIFA World Cup. Paul Jarvis, CEO of Spicer Oppenheim and Georgy Poltavchenko,... Read More

Chinese Investment in Australian Market Expected to Continue

Posted on 4 July, 2015 by Jodee Redmond under Worldwide Property News

Chinese investors were very active in the Australian commercial property market during the last quarter, pouring more than 25 per cent of total capital into the market, according to CBRE. Australia is proving popular with Chinese investors and there... Read More

The Luxury Collection announces plans to expand US Hotel Portfolio

Posted on 28 June, 2015 by Jodee Redmond under Worldwide Property News

Starwood’s Luxury Collection, one of the fastest-growing luxury hospitality brands in the world, is to invest $300 million into the expansion and enhancement of its North American hotel portfolio. The Luxury Collection is investing in additions to... Read More

Which are the hottest Locations for NYC Tech Sector growth?

Posted on by Jodee Redmond under Worldwide Property News

New York City’s tech sector will thrive in areas outside of Manhattan, according to the Spring 2015 Gotham Commercial Real Estate Monitor, a survey conducted by accounting firm Marks Paneth. More than 100 New York commercial property owners, as well... Read More

South Australia to Abolish Commercial Property Stamp Duty

Posted on 27 June, 2015 by Jodee Redmond under Worldwide Property News

South Australia has pledged to phase out the stamp duty on commercial property sales over the next three years. Tom Koutsantonis, the Treasurer, stated that he was looking for a way to stimulate the business sector in the state, which has the highest... Read More

Abandoned Pontiac Silverdome on market for $30m

Posted on 20 June, 2015 by Jodee Redmond under Worldwide Property News

The Pontiac Silverdome, former home of the Detroit Lions football team, is being offered for sale for $30 million, by Toronto-based Triple Properties who paid an auction price of just $583,000 for the abandoned property six years ago. Triple Properties... Read More

Steady or Increasing Rents forecast for Asia Pacific Office Market

Posted on 14 June, 2015 by Jodee Redmond under Worldwide Property News

Independent global property consultancy Knight Frank Asia Pacific has released its Asia-Pacific Prime Office Rental Index for Q1 2015. The index was up slightly in the first quarter, increasing by 1.3 per cent and is now sitting at 5.3 per cent above... Read More

Lower Oil Prices give Investors Opportunity to enter Calgary Market

Posted on by Jodee Redmond under Worldwide Property News

Despite a downturn in oil prices, commercial real estate developers in the Canadian city of Calgary are not experiencing a downturn in investment – instead they report increasing opportunities. Investors who found that prices were previously out of... Read More

Learn more about our Worldwide Property category

The ups and downs of the international commercial property market are closely related to the global economy. However the picture is not always uniform. While demand can be low in one country it can outstrip supply in another.

In this category we report on these trends and the outlook for the occupier and investment markets in Europe, the Far East and elsewhere. We also cover individual commercial property stories from around the world.

These might be articles looking at office developments in global financial centres like New York, Paris and Frankfurt. Equally they could focus on worldwide retail, industrial or leisure developments. You will also find related human interest stories in this category.