Commercial Property News Archive for 22-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.

US commercial property plunges into the red (The Age)

Commercial property prices in the US fell 21.5 per cent in February from their October 2007 peak, Moody's Investors Service says in its monthly survey report.

South Africa: Libint - the Blue Chip That Whimpered (AllAfrica.com)

Johannesburg ? IN LAST Friday's column I showed that the stock market's confidence in commercial property has barely been dented by the current economic downturn.

Commercial property under pressure across US (Financial Times)

Ben Bernanke, chairman of the Federal Reserve, this week called commercial property a "looming crisis" - but for Shawn O'Brien, a commercial broker in Lansing, Michigan, the crisis has already arrived.

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