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The Latest Breaking News from CBRE

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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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

Birmingham Post

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.

The New Daily

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.

Fortune

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.

Los Angeles Times

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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

Liverpool Echo

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

Manchester Evening News

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

Liverpool Echo

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

Daily Mirror

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.

Bangkok 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

Birmingham Post

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

Newsroom.co.nz

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Birmingham Post

Jaguar Land Rover, BDO and CBRE: The 16 latest hires and promotions from across the North West

BusinessLive rounds up the latest hires and promotions across the North West

Manchester Evening News

Huge industrial park to be launched next month following completion of new M62 link road

HPARK, in Heywood, has been hailed as the north west’s ‘largest sustainable industrial development opportunity’.

Bangkok Post

Uncertainty set to sustain foreign interest

Following the withdrawal of the foreign land ownership proposal, global uncertainty is expected to continue to encourage wealthy foreigners, particularly from the US, Myanmar, Canada and Saudi Arabia, to purchase properties in Thailand.

Insider UK

The Arc at Hillington Park sold for £2.4 million

Danobe Securities buys the office building from asset manager HKIP

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Birmingham Post

Latest appointments and jobs news from the South West

We take a look at some of the people in the region who have taken on new roles in recent weeks

Liverpool Echo

Liverpool's Royal Liver Building no longer on the market

It was initially on the market for £90m

Birmingham Post

Sale of Liverpool landmark Royal Liver Building for £90m 'on hold'

The building had been on sale for only the second time in its 111-year history

Los Angeles Times

Want employees to come to the office? Pick up their laundry and welcome their dogs

LOS ANGELES — In L'Oréal's plush new West Coast headquarters in El Segundo, workers are pampered by a concierge who will fill their cars with gas, pick up their laundry, retrieve their dogs from day care or do any other task employees want.

Chicago Sun-Times

TransLoop staffs up in Chicago and moves its headquarters

The freight brokerage plans to hire 100 people, tripling the size of its Chicago workforce.

Birmingham Post

Government department moves Bristol office in 'major' letting deal

A spokesperson for property firm CBRE said they were “not able” to confirm which government department had relocated

Bangkok Post

Omni-channel retail evolution

E-commerce has grown rapidly over the past five years, with expansion accelerating since the pandemic. Though growth has moderated from pandemic highs as restrictions on activity recede, the property services firm CBRE expects future expansion in Asia-Pacific to continue to outpace the rest of the world.

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