This Global Commercial Property Management Solution Market is an attempt to analyze the global opportunities in the field of the worldwide industry, its present capabilities and the potential of selected countries and regions in the market. The report to businesses and companies provides a better understanding of their ability to invest in the market. The […]
DENVER, March 10, 2022 /PRNewswire/ — Denver Commercial Property Services (DCPS), a leading commercial real estate services company based in Coloradois happy to welcome matt schovel as General Manager of the Plant Health and Tree Care segment. As a second generation Certified Arborist, Matt brings over 30 years of management experience and technical expertise to […]
Growth in Scottish commercial property prices is expected to “moderate” to 9.6% in 2022 and 6.4% in 2023 as rental expansion slows and yields stabilise. International real estate firm Colliers explained that this follows a six-year high of 16.5% in 2021, with the industrial sector, retail warehousing, prime offices and life sciences all remaining popular […]
News LGW Hub Legal services North West law firm Harrison Drury has appointed Danielle Jesson to its commercial property team in Clitheroe. Danielle joins Harrison Drury of Steele & Son at Bagot Heyes, where she trained and then qualified as a barrister in 2020. As a member of Harrison Drury’s commercial property team based in […]
East Midlands commercial property expert Andrew + Ashwell is off to a strong start in 2022 with new hires and a major promotion. The Leicester-based firm recently added new faces Jef Bale and Harry Brown to the specialist team at the London Road A+A office, with a well-deserved promotion to Associate Director of Chartered Surveyor […]
the Delhi Bench of the Income Tax Appeal Tribunal (ITAT) rejected “mixed use charges” to regularize the use of residential premises for business purposes against the income from home ownership. The two member bench of NKBillaiya (accounting member) and Yogesh Kumar US (judicial member) felt that levying the annual mixed charge will not make any […]
pd Lara Watts, Danielle Jesson and Roberto Bonaminio Law firm Harrison Drury has appointed its commercial property team to Clitheroe. Danielle Jesson joins Harrison Drury of Steele & Son at Bagot Heyes, where she trained and graduated as a barrister in 2020. As a member of the company’s commercial property team, Jesson will primarily handle […]
Australians love bricks and mortar – but there are times when commercial property can make more sense than residential accommodation. We look at five reasons why it might be time to consider commercial property. 1. Your price is out of the residential market It’s no secret that home values have skyrocketed over the past year. […]
The real estate market is not limited to residential housing, and an investment in commercial real estate can bring valuable diversity to a portfolio. Here’s how to get involved. Commercial real estate has long had a reputation for offering higher rental yields and longer leases than residential real estate. This can make it a useful […]
Source: Cook County Adjusted Median Sales Valuation Ratios. Illinois Department of Revenue, 2019 and 2020 sales ratio studies evaluating 2018 and 2019 valuations. Then, in 2020, Kaegi used the pandemic as an excuse to further reduce residential assessments and shift even more taxes to struggling businesses, this time over the whole department. To do this, […]
REAL ESTATE costs are often one of a company’s largest expenses, and as businesses face increasing cost pressures elsewhere, including wages, energy and materials, it is more important that never to make sure they are negotiating the right commercial property lease. When entering into a new commercial lease, the initial rent is negotiated and agreed […]
The fourth quarter of 2021 saw UK commercial property record its best single-quarter total return since the fourth quarter of 200 Permanent investment; Range of yields Source: MSCI The fourth quarter of 2021 saw UK commercial property post its best single-quarter total return since the fourth quarter of 2009. A quarterly return of 6.3% carried […]
Kenneth A. Travers As the holiday glow fades, building owners and property managers need to consider the cold, hard truth of winter: it can be the longest three months of the year. Freezing temperatures, ice, and unpredictable storms pose serious risks to office buildings and the workforce. Whether the sales team is in-person, hybrid or […]
Commercial Property Lawyer – Senior Partner (7+ PQE) Commercial Property Lawyer – Senior Partner (7+ PQE) Full time or part time The company Orpen Franks LLP is a boutique law firm with a strong and diverse clientele with over 200 years of industry experience. Working with a variety of clients ranging from individuals to large […]
The road to net zero is paved with additional costs for Britain, including the amount of money it will take to upgrade commercial property, in the industrial sector alone. Achieving a ‘B’ grade under the 2030 Minimum Energy Efficiency Standards (MEES) requirements for UK industry, manufacturing, logistics and warehousing building stock has cost up to […]
Investment in Scottish commercial property reached £2.2bn in 2021 according to the latest Scotland Snapshot from Colliers. The Aurora building in Glasgow This figure represents an improvement of almost 50% on the £1.4 billion recorded in 2020 and is above the 10-year average of £2 billion. Retail, which has seen a rebound in investment, saw […]
Major retailers, entertainment giants and expanding law firms are among a slew of companies that have announced high-profile commercial real estate deals in the North West in recent weeks. Companies like Sports Direct, Vue, Castore and a major government department have all announced that they have taken a prominent place in the region. LEARN MORE: […]
LCP, a national commercial property and investment company, has acquired a shopping center in Bingley. The 5Rise mall, acquired for an undisclosed amount, has 18 retail units over 62,094 square feet. It is anchored by a 17,000 square foot cooperative supermarket with other retailers including Poundland, Home Bargains, Costa, Greggs, Timpsons and Card Factory. Other […]
The volume of commercial real estate transactions reached record highs nationally last year, but not in the Detroit metro area. That’s not to say 2021 has been a bad year for real estate deals in the city — quite the contrary, experts say, as deals, by dollar volume, last year were the fourth highest since […]
The amount invested in commercial property in the East Midlands doubled to almost £2.3bn last year compared to the previous year. Figures from commercial property specialist Innes England suggest the amount spent was also more than 70% higher than the five-year average. The growth has been attributed in part to huge sums of money being […]
Monday, February 7, 2022, 5:20 p.m.Press Release: Bayleys Realty Group China’s Year of the Tiger could mean renewed interest in New Zealand commercial property from overseas investors seeking a safe haven amid the Covid chaos, a leading Asian property expert has said. sales. James Chan, Director of Asian Markets James Chan, head of the Asian […]
SUNBURY — Sunbury’s proposed business inspection order will go to a vote after several revisions, including the addition of grandfathered structures and a request for an exemption. Sunbury officials released a statement Friday after meeting with Northeast Inspection Consultants (NEIC) and members of the city’s code office. Board members will set a date for a […]
SUNBURY — A former Sunbury councilman said he wants the city to approve a new commercial property ordinance because it will protect residents, not hurt them. The commercial properties ordinance, passed last year when Chris Reis was on city council, would require all commercial properties to be inspected by Northeast Inspection Consultants (NEIC), of Childs, […]
NG Chartered Surveyors has appointed Paul Rogers as Director. Rogers has over 20 years of commercial construction consultancy experience gained in both London and his home town of Nottingham. Most recently he was a director at Innes England. He said: “Construction consultancy naturally complements NG’s established property management, professional and agency services and will be […]
Property experts have seen positive moves in commercial property investment trends in the fourth quarter as landlords continue to diversify the way we use office space, according to the latest RICS Global Commercial Property Monitor . Across all sectors, investment demand increased for the fourth consecutive quarter, leading to higher capital value expectations for the […]
In recent years, academics have shown renewed interest in studying the economic benefits of parks and urban green spaces. This type of research is not a new idea, in fact, it dates back to the 19and century and Frederick Law Olmsted, considered the father of American landscape architecture. Olmstead designed the grounds of Central Park […]
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A commercial property group has started work on a £1.5million expansion of its headquarters in Warwickshire. A two-storey extension is being added to Stockton House in Southam, a former country house which has been home to the Wigley Group since it was converted into offices in 2019. The plans will create new offices for up […]
SUNBURY — City Council members have frozen a controversial new ordinance that would require commercial property owners to submit to regular inspections. The Commercial Properties Ordinance, passed by City Council last year, would require all commercial properties to be inspected by Northeast Inspection Consultants (NEIC), of Childs, for a fee of $200 per inspection every […]
Quintons Commercial Property Agents report a decrease in the supply of property, particularly small workshops. For those of you who have space available, please contact us to see if Quintons can help you rent or sell your space. The new December instructions included the following: 17 The Broadway, Newbury. Quintons is responsible for offering this […]
Loughborough-based land development and property advisory specialist Mather Jamie has strengthened its Commercial Property and Rural Estates team following the appointment of Amber Forster as Rural Estates Assistant and Oriel Sufrini as Rural Estates Assistant. as a commercial management surveyor. Amber, who lives in Shepshed, Leicestershire, has a BA (Hons) in History from Manchester Metropolitan […]
Nearly six months after the closure of Aviva UK Property Fund and the continued disposal of its assets, what future for commercial property in our investors’ portfolios? With the widespread acceptance of video calls and working from home, as well as the accelerating shift to online shopping, what is the future of those large offices […]
4919, avenue de la Construction – OFFICEThis is a large commercial office space available on approximately 1.71± acres at Monroe’s commercial district/industrial park. The building offers ample office space, an entrance hall, a reception, 2 private bathrooms and a lounge/kitchen. The property also has approximately 0.38 acres of concrete parking and provides approximately 360 feet […]
The UK commercial property sector has shown a return to form over the past year, including an impressive turnaround for the retail and office sectors, according to Sirius Property Finance. The latest market analysis from the property debt advice specialists revealed that in 2021 the UK commercial property sector completed 2,789 sales transactions, up 3% […]
The commercial property located at 1155-1159 Southern Blvd., was purchased for $1.8 million. Photo courtesy KZA Realty Sign up for our amNY Sports email newsletter for news and game coverage from your favorite teams KZA Realty Group has secured the sale for $1.8 million of a development property located in the Morrisania section of the […]
Published: 10:45 am January 19, 2022 I suspect few people will be sad to see 2021 return. And as we enter a new year, there’s a real sense of optimism that we’re finally approaching something you could call “normal.” – by this I mean learning to live with Covid in a manageable way, and also […]
Esma/iStock via Getty Images Financial markets saw a significant spike in volatility in the first weeks of 2022. This was most apparent in the bond market, which has seen the fastest declines in years. Notably, there has been little change in the inflation expectation rate, meaning that most of the losses are due to a […]
This 10.4 acre commercial property in Catlett sold for $2 million. It faces Route 28 across from the Dollar General Store (top) and Elk Run Road (left). An Arlington company recently paid $2 million for four parcels of commercial property totaling 10.4 acres in Catlett. The property fronts onto Catlett Road (Route 28), across from […]
Industrial property and retail warehousing outperformed Scottish office investment for the first time since 2011, according to Knight Frank. The sub-sectors were responsible for boosting commercial property investment in Scotland, with a combined investment of £541m last year. The estate agency and property consultancy revealed this represented almost a third of the overall 2020 investment […]
Advertising SMSF 80 Product Features Easy refinancing process No application fees and no application fees No monthly, annual or ongoing fees Monthly repayments:$1,839 3.69%Advertised price (pa) 3.70%Comparison rate* Basic criteria: a loan amount of $400,000, variable, fixed, principal and interest (P&I) real estate loans with an LVR (loan-to-value) ratio of at least 80%. However, the […]
MERIDEN – Recent preliminary citywide property assessments show an overall increase of 6% in commercial property values in the city. The reported increase comes as Municipal Valuation Services, LLC, the Fairfield-based company contracted to perform the revaluations, is expected to begin holding informal hearings with residential and commercial landlords on its preliminary valuations beginning Jan. […]
WHITEHOUSE STATION, NJ, January 13, 2022 /PRNewswire/ — Chubb has released a new white paper, “Why Commercial Property Insurance Prices Are Higher and What Can Be Done About It,” which explores the price pressures associated with the current state of commercial property underwriting. In addition to explaining the range of complexities impacting the current state […]
Subject to an option agreement signed in 2021, Hepsor Latvia OÜ has exercised an option to acquire 50% of Kvarta Holding OÜ. Kvarta Holding OÜ owns 100% of Kvarta SIA, which is developing a residential property of 116 apartments at Gregora 2a, Riga. According to Henri Laks, member of the Management Board of Hepsor AS, […]
Pune, January 7, 2022: City commissioner Vikram Kumar has decided to implement Abhay Yojana only for residential properties. From now on, action will be taken for the arrears of commercial goods. The Municipal Commissioner convened a meeting of officials from the Land Tax Department on Wednesday to rule on this subject. At this meeting, it […]
Nowadays, people have different kinds of technologies involved in many kinds of fields. You want to choose the best on the market. And the best growth is obtained from the multiple types. When looking for the best residential property on the market, this gives you plenty of options. Then you have to find the best […]
Many homeowners in the northern and eastern parts of Washington County will continue to see property values climb with the latest revaluation, according to data from the Maryland Department of Assessments and Taxation. Triennial valuations of residential properties in the county rose 17.8% as of Jan. 1, compared to 12.7% statewide. Combined, residential and commercial […]
On December 28, 2021, Hepsor Latvia OÜ, a subsidiary of Hepsor AS, signed a contract under the law of obligation to acquire a property of 30,624 m2 at Ganibu Dambis 17A, city of Riga. The property has 13 buildings of different commercial functionality and approximately 70% of its total area of 11,564 m2 subject to […]
A worker fills orders at a Gorillas ‘dark store’ in London’s trendy Shoreditch on May 20, 2021. Hollie Adams | Bloomberg | Getty Images LONDON – A battle for space fueling the super-fast grocery delivery boom is pushing up rents in parts of London’s commercial property sector. Companies like Getir, Gorillas and Zapp, which promise […]
Cook County Assessor Fritz Kaegi outside 110 and 210 N. Carpenter Street (Cook County, LoopNet, iStock / Photo Illustration by Steven Dilakian for The Real Deal) The McDonald’s Fulton Market District headquarters building, which sold for $ 412.5 million, was valued at a much lower value of $ 148.7 million. Nearby, the building that houses […]
Residential real estate has long been a staple for those looking to invest in a tangible asset, but times are changing. The past year has seen residential property values soar beyond the reach of many investors. Along with this, sweeping legislative and regulatory changes, many of which have been put in place to dampen the […]
Commercial real estate has always been considered a good investment because the value of the asset always increases over a long period whether the market goes up or down or trends change. In the past, most investors in commercial real estate were institutions such as insurance companies and listed companies. However, in recent years, more […]
Commercial real estate has always been viewed as a good investment because the value of the asset always increases over a long period of time, whether the market is going up or down or trends change. In the past, most investors in commercial real estate were institutions such as insurance companies and listed companies. However, […]
Snohomish County Council last week passed an ordinance creating a program that provides a financial tool for commercial owners to obtain low-cost financing for energy efficiency and natural disaster and fire resistance upgrades . Under the ordinance, upgrades bear with the lifetime of the property instead of the owner. “I was honored to work with […]
Chicago is “at a crossroads” due to rising crime and “skyrocketing” commercial property taxes, and how and when these thorny issues are faced will determine the direction the city takes, the city said Thursday. the head of a preeminent business group. Jack Lavin, president and CEO of the Chicagoland Chamber of Commerce, said what was […]
Like any building, a commercial property must be preserved and maintained. Commercial property managers certainly have their work cut out for them as their jobs require a lot of hard work, communication skills, and an understanding of building codes and regulations. Managing a commercial property isn’t as easy as regular home maintenance – however, you […]
Industrial property performs best in the commercial real estate landscape, thanks to relatively low vacancy rates, the growing importance of e-commerce and the relatively affordable price of this class of property. And while commercial properties are yet to come out of the woods, Jack is excited about the industry’s ability to recover from the hard […]
The Balanced Fund provides investors with access to a variety of classes of real estate in one investment. By providing exposure to the main real estate investment categories of trade, development and loans, it can contribute to real diversification. The Balanced Fund targets an annual net return of 8% to 12% through a combination of […]
HONG KONG, December 13, 2021 – (ACN Newswire) – Shimao Services Holdings Limited (“Shimao Services” or the “Company”; HKEX Stock Code: 873.HK) announced that the Company has conditionally agreed to acquire the business property management services and related value-added services provided by Shanghai Shimao in PRC (the “Acquisition”). Upon completion of the acquisition, Shimao Services […]
X Sign up for free to receive the latest news straight to your inbox Register Law office Jones Banner Expands Commercial and Residential Property Team with the Appointment of Ben Couch, an Experienced Commercial Property Lawyer. Based in the company’s Chesterfield office, Couch is joining us after a period of significant growth for the department […]
Commercial property rental experts Commercial Property Partners (CPP) have secured a major rental at Ashroyd Business Park, Barnsley. CPP has accepted a lease at Ashroyd 52, a 52,871 square foot speculative new build, on behalf of commercial real estate specialists, 4th Industrial. The self-contained unit offers 2,551 square feet of first floor office space, a […]
UK inflation has been a strong incentive for retail investors to find ways to hedge against the effects of price increases. A popular candidate for this role has always been commercial property. Evidence from the past 40 years of rental growth in commercial real estate, however, shows that investors shouldn’t assume that the same types […]
After a relentless string of high-end robberies along Chicago’s main shopping street, a city council committee on Wednesday agreed to increase commercial property taxes along North Michigan Avenue to fund safety improvements. Almost a year ago to the day, Mayor Lori Lightfoot condemned as “Alderman prerogative at its worst” the decision by members of the […]
Wednesday, December 8, 2021 An Ohio appeals court ruled last month that a cyberattack triggered coverage under a commercial property insurance policy in EMOI Services, LLC v. Owners Insurance Company, No. 29128, 2021 WL 5144828 (Ohio Ct. App. November 5, 2021). This is good news for policyholders in light of widespread cyberattacks over the past […]
The view of South Franklin Street from a cruise ship on June 20, 2011. (Creative Commons photo by Jasperado) https://media.ktoo.org/wp-content/uploads/2021/11/18ASSESSMENTS-NPR-One.mp3 Volunteer groups in Juneau have heard calls for 68 commercial property appraisals this year. So far, the owners have lost all cases. 111 other cases are unresolved. The fight is primarily over whether the city […]
There’s a perfect storm of growing demand for industrial property across Australia right now, and property experts say it shows no signs of abating any time soon. Increased warehousing and logistics space Industrial spaces were already in high demand before the COVID-19 pandemic. However, the accelerated growth of e-commerce and the restructuring of supply chains […]
Tim Penn is a homeowner looking for alternatives. Disappointed with the government’s moves to free up the market for homebuyers, Penn has decided to put three of its seven properties on the market soon. The rest he can’t get out so fast. It’s a change from his game plan, which was to keep his properties […]