Global commercial property prices end 2023 with 5.9% decline
In the latest edition of the RCA CPPI Global Cities report, the Q4 2023 results reveal a persistent downturn in global commercial property prices,...
Data center demand surges beyond supply across Europe in 2023
Despite the delivery of unprecedentedly large facilities catering to the industry's major clients, the demand for colocation data center space in 2023 far surpassed...
Birmingham Q4 office requirements up 54% on long-term average – Savills
Take-up in the Birmingham office market experienced marginal growth in 2023, with total take-up reaching 703,000 sq ft, surpassing 2022 volumes and exceeding 700,000...
London beats global rivals in attracting foreign direct investment
The London Property Alliance, the representative body for prominent real estate developers and investors in the UK capital, has recently released its updated Global...
Prime office space shortage hampers demand in key European markets
New analysis from Savills has revealed a 17% decline in take-up across 22 European office markets in 2023 compared to pre-pandemic averages. The scarcity...
Positive total return in January fuels optimism for UK commercial property
In the latest CBRE UK Monthly Index, UK commercial property experienced a marginal decline in capital values, dropping by 0.2 percent in January 2024....
European commercial real estate investment hits 11-year low in 2023
European commercial real estate investment tumbled last year to the lowest level since 2012, according to the latest Europe Capital Trends report from MSCI Real Assets. High...
London office take up predicted to increase 12% year-on-year in 2024
Demand for office space in London has reached its highest level in 10 years, with companies looking for nearly 12 million sq ft of...
Savills predicts 4.8% annual growth in West Midlands industrial rents over next five years
The West Midlands industrial market is expected to continue its rental growth over the next five years, according to Savills latest Big Shed Briefing. Savills...
Upturn expected in Asia Pacific real estate investment by mid-year with repricing and rate...
In the second half of 2024, CBRE predicts a positive trend in the Asia Pacific real estate market. This growth is anticipated to be...
