Property and real estate industry news

Australian cities among most expensive to park in the world

Wed, 01 Jul 2009 09:04:12 +0100

The cost of parking in Australia's capital cities outranks some of the world's largest metropolises, with rates holding steady and in some cases increasing despite the global recession beginning to bite, new research by Colliers International shows.

Jones Lang LaSalle research reveals areas of promise for UK office occupiers

Wed, 17 Jun 2009 09:01:12 +0100

According to new research from commercial property firm Jones Lang LaSalle, certain areas of the UK, in response to the recession, are currently providing office occupiers with increasingly competitive rental costs with some of the best incentives available for 10 years.

Fall in love with La Dolce Vita

Tue, 16 Jun 2009 13:14:12 +0100

With the cost of a UK wedding spiralling to an average of £20,000 and with increasing numbers tightening their belts at this difficult time, it is not surprising that growing numbers are looking towards foreign shores when planning their nuptials.

Queensland still a retail hotspot

Tue, 09 Jun 2009 08:54:12 +0100

Tenants are still seeking retail space in South East Queensland despite the economic crisis, according to new research by Colliers International.

UAE family businesses more perceptive of business opportunities

Mon, 08 Jun 2009 08:40:12 +0100

A comprehensive survey of Family Businesses in the UAE has revealed that CEOs and Family Members have a higher perception of business opportunities in their sector of operations than their counterparts in the United States (US).

Hong Kong's serviced apartment rental decline tapering off

Mon, 08 Jun 2009 08:36:12 +0100

The local luxury residential leasing market has undergone a period of consolidation since 3Q2008. However, the rental decline of serviced apartments has shown signs of tapering off.

UK base rates on hold at 0.50%

Thu, 04 Jun 2009 11:20:12 +0100

The Bank of England decided to keep interest rates on hold at 0.50% again today; the cost of borrowing has been left unchanged for the third consecutive month.