International Real Estate
In a week when Mervyn King, the Governor of the Bank of England forecasts slower UK growth and higher inflation, Office rents on one of London’s most famous streets, Savile Row are set to break through £100 per sq.ft once again.
US Hedge Fund York Capital Management are reported to have paid £97.50 per sq ft for offices at 23 Savile Row.
The wags delighting in pointing out that equates to almost twice the price per sq ft of a suit from a respectable tailor on the famous street. More >
With an every expanding global marketplace, retailers are faced with the daunting task of embarking on network expansion beyond the U.S. borders. Whether it is into Canada, Mexico or China, there are five key cornerstones retailers need to understand in order to meet with a successful international presence. Each cornerstone is linked with the next, yet each possesses its own challenges. More >
The stunning bride, the beautiful dress etc. But also the effects of the wedding. The millions of people that lined the streets in London from all over the world to catch a glimpse of the future Duchess of Cambridge and of the then newlyweds after the ceremony. Up and down the country there were street parties very reminiscent of days gone by. There was a chance to meet the neighbours which happens so seldomly now and to enjoy the camaraderie. It was a beacon of hope in a sad world where there is so much poverty, war and conflict going on every day. It gave a breather from worrying about your job and about how to pay the bills.
Before the Q1 2011 comes to an end, I should probably give my 2010 Year End update. It was an exciting year in most Latin American countries and a notable one in a few others, but for this latter group it wasn’t necessarily the kind of notoriety that most of us free market ideologues enjoy. The majority of the countries in Latin America are continuing the strong growth and development trend with the exception of those countries (Bolivia, Nicaragua and Ecuador) ruled by presidents who believe the More >
New NAI Global Reports Compare Commercial Property Prices, Trends & Business Practices in International Markets
NAI Global, the world’s premier network of commercial real estate firms and one of the largest real estate service providers worldwide, today announced the release of two new reports for corporate decision makers and investors that highlight global commercial real estate trends and provide insight into transaction and occupancy practices around the world.
NAI Global’s 2011 Global Property Prices & Trends report provides key demographic highlights along with current rental rates and investment yields for 140 global markets. The report provides prime net rental rates, investment yields and rental rate comparisons by property type for Office, Retail and Industrial properties.
The 2011 NAI Global International Property Guide provides insight into key local business customs and practices for 60 countries More >