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Storage facilities become hot properties

DAVID ROEDER The Sun Times 02.09.2010

Phnom Penh skyscrapers arise

OJFall Property Report 31.08.2010
Investors are showing interest in revenue-producing properties such as self-storage units.

It has been reported that investors are buying office buildings that promise reliable rental streams. The same can be said for a property type that doesn't always get much respect -- self-storage units.

Phnom Penh skyscrapers arise

Phnom Penh Tower, a US$60 million 22 storey ‘skyscraper’ billed as Cambodia’s first intelligent office building is set to top-off September 2, this week.

What Commercial Landlords and Chamillionaire Have in Common

Nick Timiraos The Wall Street Journal 27.08.2010
The Cannery at Del Monte Square in San Francisco, on which Vornado recently stopped making payments.

Commercial property owners, including Macerich Co., Vornado and Simon Property Group now have something in common with rapper Chamillionaire: They’re all walking away from debts on their property.

London (West End) World's Most Expensive Office Market; Hong Kong (CBD) Now Ranks Second

London's West End remains the world's most expensive office market, according to CB Richard Ellis Group, Inc. (CBRE) Global Research and Consulting's semi-annual Global Office Rents survey. Hong Kong's Central Business District (CBD) has risen to second place pushing Tokyo's Inner Central to third place. Mumbai is now in fourth position on the list while Moscow remains in fifth in the CBRE rankings, which tracks occupancy costs for prime office space in 176 cities around the globe.

Why shops did not save our town centres

Lucy Alexander The Times 11.03.2010
ARK Management Named as Top 31 Commercial Real Estate Property Management Company and Grows presence with San Diego Retail Portfolio

San Diego, CA (PRWEB) March 11, 2010 -- ARK Management, (www.ark-management.com) a commercial property management company, has continued to grow its third-party property management presence with the addition of the Singer Family portfolio. The Singer Family portfolio is comprised of mixed-use, multi-tenant retail and industrial properties.

Highcross in Leicester, with its mix of shops, homes, restaurants and a cinema, has been a rare success story...

How regeneration of our inner cities failed to materialise and why developments have gone from boom to bust

Stalled office market set to get moving

The Irish Times 09.03.2010
City of London commercial property market tipped for resurgence

The City of London is set to lead the UK office market resurgence in 2010, a new survey suggests. According to the King Sturge: Office Markets 2010 report, the City of London is seeing increased demand for office space following the end of two years of instability caused by the global economic downturn.

The controversial Dublin Docklands Development Authority is to relocate its headquarters from a new office building at Sir John Rogerson's Quay in Dublin 2 to its original premises at North Wall Quay.

There is significant demand for office space in the Dublin market as tenants take advantage of break options to seek better value, writes JACK FAGAN

1 Finlayson Green sold, say sources

Kalapana Rashiwala The Business Times 09.03.2010
1 Finlayson Green sold, say sources

(SINGAPORE) The office block that is 1 Finlayson Green has been sold, BT understands.

City of London Developers Start Skyscrapers as Rents End Slide

March 9 (Bloomberg) -- Brookfield Asset Management Inc., owner of a stake in the U.K.’s tallest building, is about to start constructing an even higher tower in the City of London.

Bentall Centre mall, London

(LONDON, ENGLAND) -- Believing the commercial real estate market in London is turning positive again, Meyer Bergman Group has bought a 50 percent stake in a London mall for 130 million pounds ($196 million USD) from Aviva (AV.L),

Interest in buying state offices in California building

The 24 buildings being offered, including two in L.A., are drawing global investors. The sale is also being criticized for the loss of long-term capital assets in favor of short-term gains.

Three ideas to revive US home prices

JONATHON TRUGMAN New York Post 07.03.2010
A real estate agent and prospective home buyer shake hands ahead of a possible sale. To insure this scene is repeated often — and to jumpstart the US housing market — three things need to be done: 1.) Eliminate the interest income tax on all mortgagebacked bonds for five years, and then graduate back up to 100 percent over years 6-to-10. 2.) Offer every homeowner a 20% extension on their mortgage, with Washington guaranteeing the extra years. 3.) Recycle TARP profits to banks to help mortgage modification.

Two years into the mortgage meltdown, housing prices are still weak and foreclosures are still running at a record pace.

Vehicles stream in and out of The Promenade Shops at Centerra on Saturday afternoon through the roundabout at the shopping center’s southwest entrance.

The proverbial sirens started wailing during 2007, warning of the pending collapse of the Northern Colorado housing market.

Irish commercial property market still challenging but confidence improving, report shows

Signs of rental and yield stabilisation have begun to emerge in the Irish commercial property market but conditions remain challenging, according to a new report.

Indian demand for office space likely to improve in 2010

The demand for office space in India is expected to be improve in the current year although rentals are likely to be flat, according to real estate consultancy CB Richard Ellis.

State office properties up for sale

Ellyn Pak The Orange County Register 02.03.2010
International brands scramble for retail space in Vietnam’s commercial centres.

Demand for retail space in Vietnam´s large cities is expected to soar in 2010 after the country officially opened the door to international retailers and agreed to abide by WTO commitments.

Courtesy of CB Richard Ellis

The cash-strapped state recently announced that it’s hoping to fetch at least $2 billion from selling off 11 office properties in the Bay Area, Los Angeles and Sacramento to fill a massive budget gap.

Bangkok building takes bronze in global architecture competition.

A Bangkok skyscraper has ranked third in a prestigious global high-rise architectural competition.


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