The real estate market in the U.S. provides an insight into the health of that country's economy and, according to Lawrence Yun the chief economist for the National Association of Realtors, the fundamentals are on an upward curve. Growth is continuing... Read More
The UAE's commercial proprty market is performing so well that it is leading the way in the global recovery in the midst of an "improving macro climate" according to the most recent RICS Global Commercial Property Market Monitor. Growth indicators are... Read More
The commercial real estate market in Canada's 'Heart of the New West" remains bullish, according to a new report released by CBRE. The company recently released its 2014 Canadian Market Outlook, which states that, despite a slight slow-down in activity, the... Read More
The global recession, while presenting many challenges, also paved the way for alternative economies to compete on a global scale. In the tech sector this has allowed cities previously associated with other industries to emerge as leading contenders in the... Read More
Denver's commercial real estate market has been ranked at No. 11 on the 2014 list of US "Markets to Watch" on the Emerging Trends in Real Estate report from Pricewaterhouse Coopers LLP and the Urban Land Institute. The survey respondents reported that... Read More
Google has started 2014 by adding to its Palo Alto holdings. The new property, located at 1076 East Meadow Circle, is situated on about an acre of land. The company paid approximately $6.5 million for the 19,700 square-foot building. The search engine... Read More
The US commercial real estate market ended last year strongly, with continued recovery noted in the fourth quarter according to CBRE. The office vacancy rate declined by a total of 30 basis points to hit 14.8 per cent in Q4. This was the most distinct... Read More
The global commercial investment group CBRE is awaiting European Commission clearance for its £250m takeover of the British-based building services provider Norland. Norland — which employs 4,000 people across 14 offices and serves 300 existing... Read More
The sale of a half-empty Manhattan building — for less than $1m of its pre-recession price — is being seen as the final hurdle in the American commercial property market recovery. The six-storey office block at 246 Fifth Avenue was bought at... Read More
According to forecasters, the US recovery will continue into next year and investors will look beyond the traditional markets into secondary ones to get higher yields. The report was co-published by PwC US and the Urban Land Institute (ULI). San... Read More
