Commercial Property News Archive for 09-Apr-2009

Do not pass go, do not collect £200: Mayfair in the downturn (eFinancial News)

Mitsubishi UFJ, the Japanese financial group, has agreed to relocate two of its subsidiaries into a new headquarters in a cut-price deal that demonstrates the troubles in the UK commercial property market.

Vacated Midtown Manhattan Offices May Go Unrented, Broker Says (Bloomberg)

April 8 (Bloomberg) -- Midtown Manhattan , the most expensive U.S. office market, had 10 million square feet of sublease space available at the end of March, 70 percent of which may be unrentable, according to commercial property broker CB Richard Ellis Group Inc.

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