Gold, Silver & Platinum with WhichWayGold - House Price Predictions with WhichWayHomes   House Price Predictions & Real Estate News - WhichWayHomes   How to buy Gold, Silver & Platinum - WhichWayGold

Book of the Month                               

This month we are recommending "The Cul-de- Sac Syndrome: Turning Around the Unsustainable American Dream".
Learn more >

Join WhichWayHomes on Facebook Follow WhichWayHomes on Twitter

Category Navigation:

You're currently on:

Commercial Real Estate News


Commercial Real Estate News from the Wall Street Journal

  1. CBRE Global Investors Buys Stake in Three GGP Malls
    One of the world’s largest real-estate asset managers has purchased a 49% stake in three malls in a deal that values them at more than $1 billion and shows that investors still have an appetite for top-tier retail property.
  2. FAO Schwarz Is Returning to New York
    A dominant presence in Midtown Manhattan for decades before its closure in 2015, the toy store is coming to life again with a new, 20,000-square-foot Rockefeller Center location.
  3. Sportswear-Maker Puma to Open New York Flagship
    Germany’s Puma has signed a lease deal to creating a marquee location on Fifth Avenue that will be the first of its kind for the company in North America.
  4. Kushner Cos., Brookfield Near a Deal for Stake in 666 Fifth Ave.
    The real estate arm of Brookfield Asset Management is in advanced talks with Kushner Cos. to buy roughly a 50% stake in 666 Fifth Ave. and invest hundreds of millions of dollars in the Manhattan office tower, which has been at the center of a controversy over possible conflicts of interest involving Jared Kushner, President Donald Trump’s son-in-law and adviser.
  5. Sign of the Times: New Office Space Created in Retail's Tumult
    Normandy Real Estate Partners’ $133 million deal for the upper portion of ABC Carpet’s flagship store is an example of office space edging into territory that once was retail’s domain.
  6. Want to Buy a Luxury Hotel in the U.S.? Try China's Insurance Regulator
    When Chinese regulators seized control of Anbang Insurance, they took ownership of more than a dozen luxury U.S. hotels. Now, as the government looks to sell, it faces a problem: The buildings likely are worth less than what Anbang paid only a couple of years ago.
  7. New York's Commercial Property Slump Shows Signs of Slowing
    After a two-year plunge, brokers are optimistic that more deals will take place in 2018.
  8. NYC Council Stops Midtown Tower Construction
    Work on an 800-foot-tall tower in East Midtown that has been under construction for six months was halted last week following a vote by the New York City Council to limit skyscrapers in the area,.
  9. Malls Never Wanted Gyms. Now They Court Them
    Mall owners long treated gyms, massage parlors, and billiards halls as unwanted tenants that attracted lower-rent visitors who were unlikely to shop. Now they’re giving health clubs some of their best real estate.
  10. New Jersey Office Rents Near Records
    Asking rents for New Jersey office space are nearing records as landlords undertake extensive renovations and fill older properties with top-notch amenities.

Commercial Property News from the Financial Times

  1. UK builder Kier appoints Andrew Davies as chief executive
    Former chief of property and construction group Wates will take the role from April 15
  2. Japan faces stadium construction delays over bolts shortage
    Rugby World Cup and Olympics host launches emergency survey of builders sparked by suspicions of hoarding
  3. Overseas Chinese workers sue Saipan casino for ‘forced labour’ 
    Construction project on US island territory hit by claims of malpractice
  4. Gas heating systems to be barred from new UK homes
    Measure in Spring Statement to reduce carbon emissions takes effect from 2025
  5. Balfour Beatty order book rises by more than a tenth
    UK construction group reports 10 per cent increase in pre-tax profit as rivals struggle
  6. Kier blames debt increase on accounting error
    Shares tumble after outsourcing specialist adds £50m of borrowing for half year to December
  7. SIG sales to extend decline amid ‘uncertain’ outlook
    Building materials group seeks overhaul as ‘challenging’ conditions persist
  8. Debenhams needs debt deal while there are customers left to save
    Negative sentiments are creating a vicious circle that chain must rush to break
  9. France ends probe into ex-LafargeHolcim CEO over terrorist financing
  10. UK construction industry contracts over Brexit
    Survey shows worst reading since Beast from the East suspended building works last year

Commercial Property News from Property Week

  1. Westbrook snaps up IO2 industrial portfolio
    US private equity firm pays £140m for 30 UK assets with rental growth potential
  2. Aberdeen UK Property Fund sells £80m West End office
    Fund offloads former Channel 4 HQ to Westbrook and puts Browns restaurant up for sale after redemptions
  3. Thackeray embarks on £100m high street spending spree
    Developer looks to take advantage of ‘indiscriminate’ fund sales for mixed-use conversion strategy
  4. Savills to use LandInsight across UK
    Savills has adopted proptech platform LandInsight within its development division across the whole of the UK.
  5. Bond Wolfe Auctions’ debut sale scores 90% success rate
    Inaugural sale raises £16.7m making it one of the most successful in the Midlands in the past two years
  6. Rocketing land values could put industrial development at risk
    Industrial rental values are struggling to keep pace with rocketing land values, making development in some parts of the country increasingly unviable, according to Carter Jonas.
  7. Allsop’s Neville becomes partner
    Allsop has promoted its head of City office agency James Neville to equity partner.
  8. Savills markets ‘well-rounded’ catalogue ahead of spring auction
    Savills has released a 137-lot catalogue for its second national auction of the year.
  9. Next slashes rent bill and models further sharp falls in retail rents
    Next has reported that it achieved rent reductions on renewal of 29% last year and has modelled its future financial performance on the basis of dramatic falls in market rents through to 2034.
  10. Sports Direct calls for Debenhams vote on Ashley
    Sports Direct has called for a vote on appointing Mike Ashley to the board of Debenhams via a general meeting.