Commercial Property News Archive for 16-Apr-2008

Two firms hit by commercial property downturn (Guardian Unlimited)

Erinaceous goes into administration while Grosvenor Group reveals �50m writedown on Liverpool development

Ailing UK property market is unlikely to hit bottom in 2008, predicts Grosvenor (Belfast Telegraph)

The Duke of Westminster's property group, Grosvenor, warned yesterday that Britain's commercial property market was unlikely to recover this year and that real estate returns were likely to slow globally.

Public gets to see downtown Carlisle, Pa. development plans (WFMJ Youngstown)

CARLISLE, Pa. (AP) - The public is getting its first look at the Downtown Investment District proposal for Carlisle. The plan for the Cumberland County town calls for an assessment on commercial property owners, with the money earmarked for downtown projects.

Commercial property safe (The Australian)

THE value of prime Australian commercial properties will not fall as sharply as those in the US, Britain or Europe, leading economist Shane Oliver says.