Commercial real estate value is growing in the United Kingdom.

In July, the value of stores, offices and warehouses in the UK rose as trade re-established trust. According to Investment Property Databank's latest report, commercial property equity values have grown by 0.2 percent, indicating a gain of three months. to rent


The company expects continuous investor interest in the commercial sector, following the bank's declaration that low interest rates will be sustained until the unemployment statistics grow.


"The recent declaration by Governor Mark Carney on the future monetary policy of the Bank of England is to continue to encourage investors in and against commercial immobilities," said Phil Tily, Executive Director and Head of the UK and Ireland, IPD. "If the UK fails to meet all its 'targets' interest rates and bond yields will remain low and investors will continue to search for excellent value added and real-estate income possibilities."


According to the IPD in London, the overall return was 0.8%, with the three key sectors exhibiting stability: the returns to offices were 1.0%, the industrial return was 1.0% and the returns to retail were 0.5%.


The UK retail sector has negative capital flows, while regional markets are recovering. Businesses in the south east, midlands, and south western countries reported greater returns with decreases in capital values delayed or stopped.


Notwithstanding property prices, the rates of rent for commercial properties in the UK remained constant in June, at 0.0 percent in July, due to decreases in demand for central London offices. Rental growth in the city decreased by 70 points to 0.1%.




Marriott sells $800 million of his real estate assets.


Marriott International, Inc. has agreed, in a non-binding letter of intent, to sell three Hotels for $800 million.


The three hotels developed in London, Miami Beach and Manhattan will be sold once completed. The London Edition will debut next month, the Miami Beach Edition next summer and the New York Edition in early 2015 according to a press statement issued by the Maryland-basated company.


A possible purchase was not announced by the organization. Last week, the Wall Street Journal claimed that Marriott was close to a deal with a government fund from Abu Dhabi for properties.


The residential apartments of the Miami Beach Edition are held by the firm until they are sold to individual customers. The firm will also maintain the long-term management agreements of the buildings.


According to the company, the $800 million selling price is "approximately comparable to the projected total purchase and development costs."


The business claimed in a statement that 'increases in planned building expenses would not lead to higher hotel sales rates.'

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