The world’s leading commercial property and real estate services adviser CBRE has revealed that Aberdeen outshone its other Scottish city counterparts in the office space market in Q3 2011.

The take-up of office space in Central London has increased by over a quarter, according to a property market review.

Economic and political uncertainty is impacting on the UK office market, new figures suggest.

Some £900 million of high profile London office buildings are up for sale, after owner Simon Halabi defaulted on debt.

Office space in Northern Ireland is becoming more and more affordable, new figures show, as falling demand exerts downward pressure on values.

The city of London is not the only office space market to be hit hard by the economic downturn. New research from CB Richard Ellis shows Bristol’s office space market to be suffering.

Two of the biggest office space developers, Jones Lang LaSalle and CB Richard Ellis saw their shares plunge on Wall Street yesterday as the current economic conditions dealt another big blow to the office space world.

Shares in the world’s largest office space and commercial real estate advisors have dramatically dropped by 37% in the last week as fears over the decline in the property market take their toll.

Jones Lang LaSalle, CB Richard Ellis and Atisreal are to sign contracts to advise IBM on their European, Middle East and Africa transaction management.