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Dublin Enjoys 2.7 Million Square Feet of Office Leasing Activity in 2016

Dublin Enjoys 2.7 Million Square Feet of Office Leasing Activity in 2016

According to JLL, 2016 has been another strong year for office demand in Dublin, with 2.7 million square feet of office space occupied in the last 12 months across 232 deals. Read More »


Iconic London Retail Landmark Goes On Sale

Iconic London Retail Landmark Goes On Sale

The owners of London's iconic Burlington Arcade, Thor Equities and Meyer Bergman, have announced plans to sell the renowned global luxury retail destination, and have selected global property advisor CBRE to market the property. Read More »

Madrid Office Yields Hit Record Lows in Late 2016

Madrid Office Yields Hit Record Lows in Late 2016

According to analysis from Knight Frank, competition for office assets in Madrid Spain is pushing yields to record low levels. Over €1.1 billion ($1.15b USD) has been invested in Madrid in the first nine months of the year, with Knight Frank predicting investment in 2016 could total €2 billion ($2.1b USD) Read More »

Vacancy Rates Decline on Moscow's Main Retail Corridors

Vacancy Rates Decline on Moscow's Main Retail Corridors

According to JLL, the vacancy rate in main Moscow high-street corridors dropped by 2.8 pp to 10.2% in Q3 2016. Myasnitskaya Street and Patriarshie Prudy stayed at the top. Read More »


Global Property Spotlight

Cap Maison Resort - (St. Lucia, West Indies)

Cap Maison Resort - (St. Lucia, West Indies)

On the Caribbean island of St.Lucia, known worldwide for its natural beauty, Cap Maison is in a truly breathtaking location in one of St.Lucia's most desirable areas. Read More »

Last Updated February 13, 2017 8:00 AM ET

Europe Commercial News

According to Knight Frank's Q3 Paris Office Market Outlook Report, office take-up in Paris is expected to exceed the long term average as occupier activity remains strong despite Brexit uncertainty.

Irish real estate firms like JLL broadly welcome the business and property-related measures announced in Ireland's budget this past week.

According to the latest Skyscraper Index from Knight Frank, office rents in London's skyscrapers remain at record levels despite uncertainty caused by the EU Referendum.

Irish Property Index continued to perform steadily, with overall returns of +3.2% in the second quarter of 2016. This is the 19thconsecutive quarter of positive growth.

According to a new report by Transwestern, the impact of Brexit will be long and protracted, which will likely result in increased volatility in the capital markets.

Demand for UK logistics and industrial property remains strong with the long-term outlook positive due to the continued growth of online sales driving occupier demand, despite a downturn in Q2 of 2016.

According to JLL, office take-up in the Moscow City district in Q2 2016 reached 120,000 sq. m, while for H1 2016 the figure totaled a record 207,000 sq. m, which was three times higher.

According to global real estate consultant JLL, €2.3 billion ($2.54b USD) of commercial property has traded in last 3 months in Ireland. Year-to-date total volumes now stand at €2.9 billion ($3.2b USD).

With the Brexit vote is complete, and the divorce proceedings of the UK from the European Union is now afoot, with considerable uncertainty and no real precedent, the future implications for UK's property markets are significant.

The outcome of the vote will have significant implications for the UK's economy and its relationship with its main trading partners and the rest of the world.

According to CBRE, over €1.1 billion ($1.26 billion USD) was invested into European Outlet Centres in 2015, with transaction volumes more than three times the number recorded three years prior.

Warsaw saw a rapid growth in the supply of office space, which more than doubled the results for the same period in 2015.

According to JLL, Ireland's industrial take-up in the first quarter of 2016 was 550,233 square feet. This is 48% lower than take-up in Q4 2015 and 55% lower than Q1 2015.

According to the latest Skyscraper Index from Knight Frank, office rents in London's skyscrapers are rising faster than those in any other global city.

Based on global property consultant JLL's latest Destination Retail Report, fifty major global cities have risen to the top of the list for mainstream, premium and luxury retailers' expansions.

Real estate investors worldwide remain strongly expansionary in 2016, with more than $1 trillion of planned expenditures anticipated to enter global real estate markets

Global real estate consultant Knight Frank is reporting that a total of $9.6 billion USD was invested in Spain's commercial property sector in 2015.

A total of €64.5 billion ($71.6 billion USD) was invested in European commercial property in Q4 2015, taking volumes for the full year to €238.5 billion ($265 billion USD). This represents a 25% increase on 2014.


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