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Leasing activity in Asia-Pacific's tier-one office markets remained subdued in the third quarter as a result of ongoing corporate caution and a focus on cost-saving, according to the latest Jones Lang LaSalle "Asia Pacific Office Index".
The 13.9-acre Coronado Bay Club, possibly the largest oceanfront rental community in Southern California, has been sold for more than $160 million to a joint venture between Alliance Residential and a large institutional investment fund.
The loan was provided by SL Green Realty and the Blackstone Group with an interest rate of 7 percent, according to Jones Lang LaSalle, which helped arrange the deal.
The charity event helped raise more than A 27,000 for St Rocco's Hospice as the dancers from across Warrington had their own Strictly Come Dancing experience in learning how to dance.
But a stalwart in the region's office brokerage market is recommending building owners diversify their tenant portfolios as vacancy rates remain stagnant at more than 20 percent in most areas.
According to research from Jones Lang LaSalle released in November, Russia is ranked seventh in a new appraisal of predicted e-commerce sales growth.
AMBITIOUS plans backed by Prince Charles to transform Perth's 101-year-old City Hall into an indoor market have been thrown out by property experts, raising fears that the B-listed building will be demolished.
Property markets in India are increasingly witnessing signs of stress as rising inventory levels, or the number of unsold flats, pressure new launches and prices.
Two companies have inked deals totaling nearly 14,000 square feet at Heritage Landing in North Quincy, a Class A office complex consisting of two buildings totaling 358,000 square feet off I-93 and Route 3A.
Start each day with GlobeSt.com's Chicago AM Alert for original coverage of the latest transactions and trends shaping the commercial real estate industry.
The Caltex service station and retail outlets at Wellsford are a handy stopping point for a heavy volume of traffic.
Returning Kiwi Ria Hayward found JLL's corporate culture in keeping with the companies she worked with in the UK.
Bristol City Council's Development Control Committee has today given the go-ahead for the multi-million pound redevelopment of Bristol City's stadium at Ashton Gate.