Commercial Property News Archive for 03-Apr-2007

IVG May Spin Off EU1 Billion Caverns Unit, Chief Says (Update2) (Bloomberg.com)

April 2 (Bloomberg) -- IVG Immobilien AG, Germany's largest publicly traded commercial property investor, may spin off a unit worth more than 1 billion euros ($1.3 billion) that rents caverns to companies including BP Plc.

County board backs Madison in tussle (The Huntsville Times)

The Madison County Commission said Friday that it will support the city of Madison any way it can to foil a bill in the Legislature to deannex 263 acres of commercial property.

Real Estate Industry Wise to Keep an Eye on Oil-Related Costs (Commercial Property News)

Oil and real estate have a connection--energy costs can really have an impact on the bottom line. Chris Albrecht, director of energy procurement for utility, lease and expense management firm Cadence Network Inc. is well aware of this and suggest that those in commercial real estate watch oil costs.

Burlington office building sale sets suburban record (BizJournals)

A Burlington office building has set a new record for a suburban commercial property sale.

Industrial Property With Parking ; Commercial Property (RedNova)

A MAJOR industrial property at a prominent business location in Coventry has been made available to let. Chiltern House, which is in Wheler Road on the Seven Stars Industrial Estate, is on the market with commercial property agents D&P Holt.