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The Latest Breaking News from CBRE

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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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…

Tribune News Service

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

The firm provides circular economy solutions to the telecommunications industry

Birmingham Post

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

Evening Standard

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

The Guardian - UK

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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

Evening Standard

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.

Bangkok Post

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

The Guardian - UK

Hutcheon Mearns launches property advisory service

New division poaches a CBRE director to lead its development

Insider UK

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.

Bangkok Post

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.

Tribune News Service

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.

Bangkok Post

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Birmingham Post

Look inside the UK's lowest carbon office building after the £31m plans were approved

The building's timber frame predicted to store 4,000 tonnes of carbon, the equivalent of 2,500 return flights from Manchester to New York

The New Daily

The ‘hotelisation’ of the modern office

Employers aren’t the only ones who want to drag workers back to their desks. Office tower landlords are pulling out all the stops - including rooftop Office tower landlords are pulling out all the stops - including rooftop gardens, bars and swimming pools - to attract workers.

Fortune

How to decide if you should shrink your office footprint

Some companies are cutting office real estate instead of employees as they embrace remote work.

Los Angeles Times

As many work from home, office landlords roll out entertainment to entice tenants

As landlords struggle to get people back into office buildings that emptied during the pandemic, some are turning to entertainment and other enticements such as yoga classes to woo wary workers.

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Liverpool Echo

Wetherspoons closing pubs across the UK this year, including two in Merseyside

11 pubs will be closing following the chain suffering a huge £30 million loss

Manchester Evening News

Wetherspoons to close pubs across the UK this year - see full list of closures

Wetherspoons is closing 11 pubs and is looking to sell 35 more - check if your local is affected

Liverpool Echo

Full list of Wetherspoons pubs up for sale including one in Wirral

The Wirral pub has been put up for sale along with almost 40 other Wetherspoons locations across the country

Daily Mirror

Full list of 35 Wetherspoon pubs up for sale across UK – is your local at risk?

Wetherspoon currently has 35 pubs up for sale across England and Scotland, having already sold ten of its sites - see the full list below to check if your local is at risk of closing

Bangkok Post

Year of revival for low-rise housing

After more than a decade of consistent growth in the supply of condominiums in Bangkok, 2022 marked a return of low-rise housing as the home of choice for Thai buyers, according to the international property consultant CBRE.

Birmingham Post

First phase plans to transform historic Howells building in the centre of Cardiff

Thackeray has brought to market nearly 27,000 sq ft at the building being marketed by EJ Hale and CBRE

Newsroom.co.nz

What is the outlook for the commercial property market?

Globally and locally there’s uncertainty in the commercial real estate sector. Interest rates and inflation are rising, and organisations are still working out what their offices will look like in a post-Covid world. BNZ’s Phil Bennett ponders seven likely trends for 2023 | Content partnership

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