London
Railpen on board for major Holborn offices spec developmentThe Red Lion Square offices are being reworked to create a headquarters building.
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Record take-up for London’s Grade A office space, says CushmanTotal take-up hits 2.55 million square feet, as supply-demand imbalance looms. Expert Opinion
Canada Water is one of London’s next major destinationsSavills team outline the key ingredients aiding the emerging mega development.Construction manager appointed on £1.1 billion British Library extensionMitsui Fudosan and Stanhope will work with Mace.
UK commercial property yields softened in the second quarter, but London offices bucked the trendGlobal uncertainty has forestalled further yield compression in most segments recently.
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Global Report
CoStar World News for Aug. 7Spanish firm buys majority stake in Greek hotelier; Blackstone prices UK’s largest CMBS sale since financial crisis; Climate risks could weigh on Europe investmentsJLL posts double-digit revenue gain for fifth straight quarterThe Chicago-based firm also posted a higher profit from growing property sales and leases.
A growing construction pipeline points to greater hotel supply-side risksConversions and regeneration projects are driving the UK hotel pipeline.
Blackstone prices largest UK CMBS since financial crisisThe £1.54 billion transaction is backed by Haven holiday parks.
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Major banks increasingly eyeing UK regions for high-end officesSavills is tracking 1.8 million square feet of banking lease expires in Big Six office markets.How Southern California landlords are dealing with major industrial leasing dropInland Empire property owners are getting creative as demand slows.
Cushman & Wakefield posts profit as property sales and leasing climbCEO Michelle MacKay says the firm reversed a year-earlier loss in the second quarter after a reorganization.
Earnings
International hotel performance buffers Marriott against weaker US, Canada numbersDuring the company's second-quarter earnings call, Marriott International executives spoke about higher expectations for fourth-quarter performance as international hotel demand outpaces U.S. and Canada. A tale of four cities: Which UK capital city hotel market is faring best?Occupancy rates are above pre-pandemic levels in only one city.
Savills buys relocation businesses to expand servicesRivals including CBRE have also been diversifying their businesses.
From more guards to AI weapon detection devices, office landlords respond to New York tower shootingBuilding owners consider enhanced workplace security in wake of workplace killings
Colliers plans more acquisitions as engineering business drives revenue growthThe Toronto-based real estate services firm joined rivals CBRE and Newmark in raising its 2025 outlook.
Hammerson buys CPP Investments' Birmingham Bullring and Grand Central stake for £319 millionCanada Pension Plan Investment Board parts with property.
Fed maintains key interest rate as real estate industry sets sights on possible September cutThe central bank said elevated economic uncertainty left it no choice but to hold steady, for now.
Global Report
CoStar World News for July 31India partnership plans 15 hotel openings; UK law firm lease breaks regional rent record; Big sales boost French residential investmentNewmark raises outlook after posting double-digit profit growthThe New York-based brokerage reported strong increases in property sales and debt financing revenue in the second quarter.
Economic concerns, political noise upset reciprocal travel demand for US and EuropeHotel industry experts say political noise around U.S. tariffs and trade deals and negative perception have dampened travel between the U.S. and the European Union.
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UK commercial real estate investment slips slightly to £10 billion in second quarterCarter Jonas reports that offices have returned to being the dominant asset class.Here's how Kilroy Realty leverages added demand to ramp up office salesThe Los Angeles landlord has lined up a string of deals as valuations and buyer interest improve.
Blackstone executive among those killed by gunman at firm’s New York headquartersWesley LePatner served as CEO of Blackstone Real Estate Income Trust.
Deutsche Bank agrees £1.25 billion London Olympia refinancingThe Olympia owners have recapitalised the business ahead of opening this year.
London business hub Canary Wharf evolves into destination for locals, hotel guestsLondon's Canary Wharf district is changing, with its owner intent on continuing its transformation into a mixed neighborhood of offices, restaurants, attractions and hotels.
These signs show recovery may be ahead for US biotech real estateAlexandria, the nation's largest holder of life science property, posted leasing gains as production moves to America's shores.
Global Report
CoStar World News for July 24Weather, global conflicts test Greek hotels; London offices capitalize on rising demand; Seine River area emerges as French logistics hubColliers rebrands and reorganizes investment management divisionThe brokerage is bringing several companies together as Harrison Street Asset Management.
Earnings
Hilton CEO remains optimistic for year despite 'noisier than expected' second quarterRevenue per available room dropped 0.5% across Hilton's system, partially due to weak government spending and international demand.Featured
CoStar Awards
CoStar Awards
CoStar Awards
Standout transactions have continued despite uncertain economic backdrop
CoStar Awards
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Exclusive
Office
James Campbell assumes role
Office
Industrial
ESR Europe completes one of largest industrial sales this year to global asset manager
Industrial
Market Moves
Market Moves
Here’s a live overview of what’s happening in the market today
International News
Germany
Aberdeen is winding up its pan-European logistics REIT
Germany
United Kingdom
J&D Wilkes' 211,000-square-foot deal leads way in first half
United Kingdom
United Kingdom
CoStar index shows best relative performers
United Kingdom
Ireland
Switzerland-based asset management firm acquires 78,000-square-foot Dunnes shed
Ireland
United States
Automaker debuts first of its kind concept in Los Angeles
United States
Canada
Architect hired to design museum near the US-Canada border
Canada
Spain
Duo recently bought major Spanish listed retail group
Spain
India
Owner of Taj Hotels took majority share in Ambuja's Tree of Life brand in November 2024
India
CoStar's teams across the globe compare and contrast the half-year investment figures.
Breaking News
HSBC recommits to Canary Wharf with major office lease
The transaction is a key example of corporates needing more space than they thought after lockdown.
Landlords 'at the end of their tether' with high street restructuring plans
Rent-free proposals are testing owners as River Island proposals green lit, experts say.
UK's retail investment renaissance to continue despite muted first half
Knight Frank reviews the figures for each subsector.
Homes England appoints chief executive
Amy Rees's role is to help the government deliver 1.5 million homes in this Parliament.
Hammerson completes £319 million Birmingham shopping centres stake buy
The REIT has been buying out joint venture partners in its malls.
Featured
CoStar Awards
CoStar Awards
CoStar Awards
Standout transactions have continued despite uncertain economic backdrop
CoStar Awards
Exclusive
Exclusive
Office
James Campbell assumes role
Office
Industrial
ESR Europe completes one of largest industrial sales this year to global asset manager
Industrial
Market Moves
Market Moves
Here’s a live overview of what’s happening in the market today
International News
Germany
Aberdeen is winding up its pan-European logistics REIT
Germany
United Kingdom
J&D Wilkes' 211,000-square-foot deal leads way in first half
United Kingdom
United Kingdom
CoStar index shows best relative performers
United Kingdom
Ireland
Switzerland-based asset management firm acquires 78,000-square-foot Dunnes shed
Ireland
United States
Automaker debuts first of its kind concept in Los Angeles
United States
Canada
Architect hired to design museum near the US-Canada border
Canada
Spain
Duo recently bought major Spanish listed retail group
Spain
India
Owner of Taj Hotels took majority share in Ambuja's Tree of Life brand in November 2024
India
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