Commercial Property News Archive for 17-Apr-2008

Two firms hit by commercial property downturn (Guardian Unlimited)

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

Brisbane facing commercial property shortage (ABC via Yahoo!7 News)

A group representing property developers says a lack of available commercial land in Brisbane is to blame for skyrocketing commercial property values.

Future of Vista Field (KEPR Pasco)

The city of Kennewick is expected to okay a legal move that could allow the port to close the Vista Field Airport. A decade ago, the airport was practically all by itself. But now commercial property out here is in high demand and the airport's future is unclear.

Hypo Real Estate Says J.C. Flowers, Grove to Buy 25% (Update2) (Bloomberg.com)

April 16 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial property lender, said investors led by J.C. Flowers & Co. plans to buy about 24.9 percent of its shares.

(AFX UK Focus) 2008-04-16 15:24 GMT: Elmec Sport unit buys commercial property in Bucharest for 3 mln euros (Interactive Investor)

ATHENS (Thomson Financial) - Greece's shopping mall owner Elmec Sport SA said that its unit Elmec Romania SRL has acquired a property in the main commercial street of Bucharest for 3 million euros.