All International articles – Page 3
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InsightSixth Avenue leads New York’s revival
Manhattan’s Q1 2022 office vacancy rate stood at a record 22%. Yet, newly released data show that one major commercial corridor, under-sung Midtown Sixth Avenue, weathered the pandemic with a vacancy rate of between 12.6% (according to CBRE) and 14.6% (as per Cushman & Wakefield). How did this happen?
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News
Fokus acquires Heimdal Nordic to push its property offer
Danish fund manager Fokus Asset Management has bought debt asset manager and adviser Heimdal Nordic, also based in Denmark, to boost its real estate proposition.
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News
Nido partners with Nuveen on Copenhagen PBSA scheme
Nido has partnered with Nuveen Real Estate to open and operate its first purpose-built student housing accommodation (PBSA) scheme in Copenhagen, Property Week can reveal.
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News
Kennedy Wilson and NAMA let Dublin’s Ten Hanover Quay to Fiserv
Kennedy Wilson and 40% joint-venture partner National Asset Management Agency (NAMA) have let Ten Hanover Quay in Dublin to fintech company Fiserv.
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News
Cushman & Wakefield confirms exit from Russia
Cushman & Wakefield is to exit from all service delivery in Russia after reaching an agreement to transfer its business in the country to a local operator.
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News
TLC takes space at 3 World Trade Center
TLC Marketing has taken space on the 50th floor of 3 World Trade Center in New York City.
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News
Chinese investors follow the herd out of London property
But experts say they are not overly concerned Chinese investment in UK commercial property has tailed off.
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News
Mipim: ‘Over 20,000 registered delegates as of last week’
Mipim’s organisers have said “over 20,000 registered delegates” have signed up as the annual property event returns to its usual spring slot for the first time since 2019.
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Online
Cushman & Wakefield promotes James Chapman to head of EMEA capital markets
Cushman & Wakefield has promoted James Chapman to lead its EMEA capital markets team.
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News
JLL ‘to separate its domestic operations in Russia’ following industry pressure
JLL has bowed to industry pressure and said it will “separate its domestic operations in Russia” after five of its rival agencies all confirmed this week that they were cutting ties with their Russian partners.
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Insight
Letter from New York
New York City’s fitful pandemic recovery has reached a critical inflection point.
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News
Warsaw office market is ‘serious’, says Ghelamco
Firm says market should not be underestimated after selling HUB scheme to Google.
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Insight
The French Reconnection
Property Week takes a tour of a Redevco mixed-use scheme in Lille that has breathed new life into a closed department store and could offer a blueprint for similar UK assets.
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Insight
Japanese investment in Europe set to flourish
As the world starts to open up, Japanese investment in European real estate is set to flourish as institutional investors go in search of higher-yielding assets.
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Insight
Metaverse wave driven by crypto tech
The much-hyped metaverse isn’t new. The term was coined in 1992 and the first virtual world, ‘Second Life’, launched two decades ago. First-mover advantage is not a great advantage if you strike too early.
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Insight
Proptech market continues to grow in Europe
Fifth Wall recently announced that its European Real Estate Technology Fund had closed with an oversubscribed €140m (£117m).
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Insight
Companies expect more from their office space post-Covid
London has always been a city of villages. Its many pockets, from Marylebone and Shoreditch to Wimbledon and Hampstead, each have their own architectural fabric, infrastructure and identity.
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Insight
Channel Islands investment opportunities remains strong
The Channel Islands’ property market has enjoyed a strong couple of years. Average residential property prices have increased substantially, with Jersey seeing the largest rise: up 18% from £567,000 in Q4 2020 to £673,000 in Q4 2021, compared with a 9% rise in the UK over the same period.
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Insight
The challenges of expanding overseas
Property Week asks what challenges UK property agencies face when trying to establish a presence in overseas markets.
