News

RENTAL GROWTH IN DUBLIN POINTS TO RECOVERY IN CITY OFFICE MARKET

Office Take-Up Levels Across EMEA Up 11.8% On The Last Quarter. Prime office rents in Dublin increased for consecutive quarters in the first half of 2013 (H1), the first time in six years the market has recorded growth. In the second quarter (Q2) prime rents in Dublin increased by 5.3% potentially indicative of an accelerating city office market recovery, according to the latest research from glob...

TOKYO IS WORLD’S MOST EXPENSIVE LOGISTICS MARKET AS E-COMMERCE DRIVES DEMAND

Shortage of High-Quality, Modern Stock Supports Rents Across Global Markets. Tokyo is the most expensive industrial real estate market in the world as fierce competition for modern facilities from rapidly growing e-retailers and expanding third-party logistics operators (3PLs) drives demand, according to new research from global property advisor CBRE Group, Inc. CBRE’s quarterly survey, which trac...

HONG KONG STREETS LEAD GLOBAL RETAIL RENTS RISE

Retail Rents in New York, London, Tokyo and Zurich on the Rise. Hong Kong is by far the world’s most expensive city for global retailers, but prime rents in New York, London, Tokyo and Zurich are on the rise, according to new research from global property advisor CBRE Group, Inc. CBRE’s quarterly ranking (Q2 2013) of the top 10 prime global retail markets saw little change relative to previous qua...

HONG KONG IS TOP TARGET FOR NEW RETAIL ENTRANTS

North American Retailers Expand Most Aggressively. London Retains Number One Position for Overall Retailer Representation. Hong Kong is the world’s hottest retail market, attracting significantly more new entrants than any other city, according to the 2013 edition of How Global is the Business of Retail? by leading global property advisor CBRE. CBRE’s annual survey, now in its sixth year, maps the...

AFFLUENT CHINESE TOURISTS AND LACK OF PRIME SPACE MAKES HONG KONG WORLD’S MOST EXPENSIVE RETAIL MARKET

Historically Low Construction Rates Drive Record Rents in Global Retail Markets. Hong Kong is the world’s most expensive global retail market as wealthy Chinese tourists, luxury retailer expansion and a shortage of prime space drive rents to record highs, according to new research from global property advisor CBRE Group, Inc. (CBRE). CBRE’s quarterly survey, which tracks the top 10 most expensive...

Hong Kong ranks as World`s most expensive retail destination

Consumer Demand for Luxury Goods and Shortage of Prime Property Fuels Rents in Gateway Markets. Hong Kong ranks as the world’s most expensive prime retail market as international brands aggressively compete for limited prime locations, according to new research from global property advisor CBRE Group, Inc. (CBRE). Global retail prime rents remain high in key gateway markets due to strong flows of...

INVESTORS FOCUSED ON STRONGER EUROPEAN ECONOMIES BUT OPPORTUNITIES EXIST ELSEWHERE

European Property Investment Continues to Increase in Q3 2012.   The European commercial real estate market saw further polarisation in the third quarter of 2012 (Q3 2012) as investors continue to focus on stronger economies and prime property. However, the substantial price differential between prime and non-prime property is creating opportunities elsewhere in the region for value-add investors,...

GLOBAL OFFICE REAL ESTATE VALUES | RENTS SHOW LITTLE CHANGE IN Q3 2012

Global office real estate values and rents were largely unchanged in Q3 2012, according to CBRE Group, Inc. The CBRE Global Office Capital Value Index ticked up in Q3 with a gain of 0.6%, while the CBRE Global Office Rent Index edged down slightly in Q3, falling 0.07%. Americas’ office property values and rents improved during the quarter, but could not fully make up for weakness in EMEA and Asia...

EUROPEAN RETAIL INVESTMENT GROWS IN Q3 2012

Highest Quarterly Total Reported in 2012 as Market Grows to €7.1 billion. European retail property investment grew to €7.1 billion in the third quarter of 2012 (Q3 2012) - a 12% increase over Q2 2012, and the highest quarterly total so far this year, according to the latest research by global property advisor CBRE. The Q3 2012 figure is 18% down on both the Q3 2011 level and that for the last thre...

EUROPEAN INVESTMENT ACTIVITY RISES IN Q3 2012 COMPARED WITH Q2 2012, DRIVEN BY LONDON MARKET

UK Accounts for 42% of All Transactions in Europe in Q3 2012 Continued strong activity in central London was the main driver of a 15% increase in commercial real estate investment volumes in Europe in Q3 2012, according to CBRE Group, Inc. (CBRE). During the period, investment transactions totalled €28.4 billion, compared with €24.7 billion in Q2 2012. This volume is almost back to that seen in Q3...
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