Commercial Property News Archive for 21-Apr-2009

Commercial property a big hole for Big Four: NAB (The Age)

Australia's Big Four banks will be unable to refinance $190 billion of commercial property debt without Government help via the proposed "Rudd Bank", according to National Australia Bank.

Rich Minerals Sells Land and Building (Marketwire)

CALGARY, ALBERTA--(Marketwire - April 20, 2009) - Rich Minerals Corporation (the "Corporation") (TSX VENTURE:RMC) is pleased to announce that it has sold commercial property located in Calgary, Alberta owned by its subsidiary, Rich Venture Corporation (the "Subsidiary"), to an arm's length purchaser, for a purchase price of $300,000, paid by way of a vendor take-back mortgage (the "Mortgage") in ...

Broker tips: Properties, Wetherspoon, Velosi, (ShareCast via Yahoo! UK & Ireland Finance)

The recent strong recovery in property shares has analysts at US bank JP Morgan scratching their heads, with future prospects for commercial property not as bright as the share price recovery seems to be implying, they maintain.

Broker snap: JPM bearish on property stocks (ShareCast via Yahoo! UK & Ireland Finance)

The recent strong recovery in property shares has analysts at US bank JP Morgan scratching their heads, with future prospects for commercial property not as bright as the share price recovery seems to be assuming.

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