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The Latest Breaking News from CBRE

Looking for a housing price crash? That’s unlikely, real estate economists say

The nation‘s housing market is going through a correction, not a crash.

The Orange County Register

Price tag of £12m handed to city centre office block eyed for major redevelopment

Hundreds of apartments could be created if a deal is agreed

Birmingham Post

Co-op's landmark city centre HQ is put back up for sale

The building includes an auditorium, restaurant, convenience store, coffee shop, gym and fitness studio, as well as several roof terraces

Manchester Evening News

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Sale of Co-op's HQ relaunched with asking price cut by £45m

The building was first put on the market in June 2022

Birmingham Post

Huge printing site up for sale ahead of closure and loss of 250 jobs

Company blames 'significant decline' in market since 2019 for closure

Liverpool Echo

Huge printing site up for sale after 250 jobs lost

Prinovis is the UK's last remaining publication gravure printer with sales last year of more than £46m

Birmingham Post

Retail, offices and life sciences to power real estate growth in Birmingham - report

Property consultancy CBRE has analysed 12 real estate sectors in 50 regional cities and towns across the UK

Birmingham Post

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Plan to knock down Za Za Bazaar's building look set to be refused

The replacement building would 'sit uncomfortably within its setting and dominate nearby buildings'

Bristol Post

Stantec moves into new Leeds city centre base to bring 140 colleagues together

The move will see the Stantec team move from existing offices at The Boulevard on Leeds Dock

Birmingham Post

Post-pandemic demand for UK film and TV studio space expected to climb

Demand for film and TV studio space is anticipated to climb in 2023 and next year in the UK as the industry moves quickly to satisfy consumer appetite for plenty of shows, according to a new survey.

Evening Standard

Over 400 jobs to be created at new multi-million pound industrial estate

Five units are to be created at the site in Ellesmere Port

Birmingham Post

Foreigners seeking luxury homes

Foreign interest in purchasing luxury residences in Thailand, including condominiums, houses and villas in prime locations, has surged since the return of international tourists in the second half of 2022, according to property consultancy CBRE.

Bangkok Post

More office workers are leaving home and returning to their cubicles

Employers are turning up the heat on workers who headed home during the pandemic to return to the office.

Tribune News Service

Office, housing deals bode well for suburban growth

After years of slack office demand, investors are opting to either improve or redevelop their properties. Meanwhile, the supply of new housing could get a jolt from plans in Sugar Grove.

Chicago Sun-Times

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Tribune News Service

Converting offices to housing is hard. These changes could make it easier

PORTLAND, Oregon — Stroll around America's vacant downtowns, and a seemingly obvious solution emerges to the housing shortages and homelessness problems in many states: Why not turn all those unoccupied offices into living spaces? Especially in cities such as Portland, where the office vacancy rate in the urban core peaked…

Birmingham Post

PICS Telecom signs letting deal at Western Approach Distribution Park in Bristol

The firm provides circular economy solutions to the telecommunications industry

Evening Standard

Why investors are putting UK retail properties in their shopping baskets

CBRE estimates £1.3 billion was spent on UK retail properties in the first three months of 2023

The Guardian - UK

Could office blocks be the next big casualty of the banking crisis?

Higher interest rates and cuts in lending pile pressure on commercial property sector after hit from hybrid working

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Evening Standard

UK lab space demand to rise after Budget boost for life sciences

The life sciences sector last year signed for around 800,000 square feet of office and lab space in the golden triangle of London, Oxford and Cambridge

Bangkok Post

Sukhumvit the apex for resale condos

Sukhumvit has become the hottest location for resale condos and low-rise houses in the upscale-and-above segment while Wireless Road had the highest resale price per square metre at 800,000 baht.

The Guardian - UK

Old walls, new life? Britain’s builders embrace the retrofit revolution

Refurbished offices can offer big carbon savings over the traditional approach of demolishing them and starting again

Insider UK

Hutcheon Mearns launches property advisory service

New division poaches a CBRE director to lead its development

Bangkok Post

Real estate trends to watch in 2023

Thailand has entered 2023 with a positive outlook both economically and for the real estate sector in general. The property consultancy CBRE Thailand has identified key trends to watch in the residential, office, retail, hotel and industrial and logistics sectors.

Tribune News Service

Commercial property firm CBRE sees shrinking sales and profits

Dallas-based commercial real estate giant CBRE Group saw its profits shrink in the fourth quarter, with global declines in sales and leasing activity.

Bangkok Post

Condo prices likely to remain stable in 2023

New condo supply launched in central Bangkok this year should not be priced higher than existing inventory because a glut remains amid stagnant purchasing power, says a real estate consultancy.

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