commercial-property
BusinessMichael Shanly and the Growth of Shanly Homes & Sorbon Estates
UK's Workspace Group Expects Subdued Rental Demand for Larger Office Spaces to Persist
Loan Volume for Offices Plummets, German Bank Data Show
FinanceEuropean Office Sales Slumped to Lowest Since 2009 Last Year, Data Shows
London-Focused Workspace Posts Drop in Dec-Qtr Occupancy
Date: January 23, 2025
(Reuters) -Workspace, a London-focused flexible office-space provider, said on Thursday its customers are vacating larger spaces and reported lower third-quarter occupancy at its buildings amid...
US Spending on London Real Estate Rebounds to Highest in Eight Years
Date: May 1, 2024
US spending on London real estate rebounds to highest in eight years By Iain Withers LONDON (Reuters) – U.S. investors are buying up London commercial property at the fastest rate in eight years, data compiled by BNP Paribas’s real estate arm showed, lured by signs the market in Britain is recovering faster than the harder-hit...
German Commercial Property Prices Post Biggest-Ever Drop, Data Shows
Date: February 12, 2024
German commercial property prices post biggest-ever drop, data shows By Tom Sims FRANKFURT (Reuters) -German commercial property prices fell 12.1% in the final three months of 2023 compared with a year earlier in their biggest-ever drop, the VDP banking association said on Monday, as the nation’s struggling property industry suffers its worst crisis in decades....
Big Global Employers Plan Modest Cuts to Office Space: Knight Frank
Date: June 6, 2023
LONDON (Reuters) – Half of large multinational companies plan to reduce office space as they adjust to hybrid working patterns, although the cuts are likely to be modest as few plan to go fully remote, a survey from real estate agents Knight Frank showed on Tuesday. Knight Frank said 50% of employers with more than...
Analysis-Crisis Radar Falls on Fault Lines in Europe’s Commercial Property
Date: April 20, 2023
Analysis-Crisis radar falls on fault lines in Europe’s commercial property By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) – European banks appear better positioned than U.S. peers to weather any stress from commercial property after an interest rate surge, but that does not mean Europe is out of the danger zone. Aggressive rate hikes, still...
Renting Office Space in London to Become Costlier in 2023 – J.P. Morgan
Date: April 13, 2022
(Reuters) – Office spaces in London could be expensive to rent next year due to a supply crunch, J.P. Morgan analysts said on Wednesday, as developers are being restricted from creating new spaces and leases have begun to shorten. Analyst Tim Leckie expects active demand for prime office space to grow 38% in 2030, but...