Worldwide Property News

BREAKING: Coca-Cola Buys Costa for £3.9bn

Multinational carbonated soft-drink company Coca-Cola has purchased Costa Coffe from Whitbread in a deal worth £3.9bn earlier today. Whitbread is listed on the FTSE100, London Stock Exchange which saw shares rise 17% this morning as soon as the deal was announced. Founded in 1742 by Samuel Whitbread, Whitbread is now a multinational hotel chain known […]

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EXCLUSIVE: Big Drop Makes Big Splash on Global Stage

As the world becomes more health conscious, sales of beers worldwide are on the decline, yet behind the stats, the low & alcohol-free beer industry is bubbling, attracting major brands such as Heineken & Asahi amongst many others. Commercial People caught up with the award-winning craft brewer ‘Big Drop’ to see how business is booming […]

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61% Believe Proptech Will Affect Property Industry’s Revenue in 2018 – Report

Property Week, a UK business-to-business magazine which reports worldwide commercial and residential news recently conducted a private survey to canvas opinion on the impact that proptech will have on the property industry. Those surveyed responded positively as 61% of them believe prop tech will directly impact the overall property market in 2018. This is up […]

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HK skyline (Victoria Harbour)

IP Global Analyses Cities to Avoid Investing In

IP Global, an international property investment company, has released a report detailing the worst countries to invest in across Europe, Asia & the Middle East. The list, which we have featured below, was produced by George Radford, Head of Africa at IP Global and may cause some surprise as a significant amount of the cities […]

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Birmingham Bullring Building from Outside

UK Retail Developer Hammerson Rejects £4.9 Billion Takeover Deal Offer by Klepierre

It has been revealed Klepierre, a French property development firm, approached Hammerson with an offer of £4.9 billion, which had been rejected in less than 24 hours. Established in 1990, Klepierre is a property investment trust based in Paris, which specialises in the management of retail shopping centres all across Europe. The company currently owns […]

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asia prefer london for investments in 2018

Asia Invests into London Like Never Before (Record High)

They year 2017 attains a new record of increased global investment in the real estate reaching the value of around 1.62 million dollars with the Asian money contributing more than half of this. London remained as one the most desirable destinations when it comes to an international investment due to concerns about the potential departure […]

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Will Purplebricks succeed expanding into New York?

The largest British online estate agent, Purplebricks dare themselves once again as they ramp up their US extension, this time to the ‘city that never sleeps’, New York City. Regardless of the sceptical reaction drawn from different analyst when they first enter the US market last year, the group said it had already opened their […]

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worldwide news

After UK, India, Nigeria and South Africa, Commercial People welcomes two new countries!

Commercial People was established as a worldwide search portal to provide comprehensive access to commercial and residential properties to buy and rent worldwide. Today we proudly announce two new members of this global family! After UK, India, Nigeria and South Africa, it is with great joy that we welcome Australia and the United Arab Emirates […]

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airbnb

Airbnb boosts short-term letting but raises issues

With more than 10 million nights booked worldwide, Airbnb is the world leader in travel rentals, but with about 7,500 hosts in South Africa, as well as boosting short-term letting, it’s also raising a number of issues. As property owners are seeing favourable returns by listing their apartments and homes to attract travellers, real estate […]

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Ireland sees an Increase of 135% in Annual Rental Profits

Property investment company, Green Reit have expressed thoughts of a positive effect upon Irish real estate owing to the Brexit result. This is with a report of an increase of over 135% in annual rental profits. Strong statistics In the year to the end of June, Green Reit reported a 10% rise in contracted yearly […]

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