Commercial Property News Archive for 30-Apr-2009

Brixton considers rights issue and asset sales (Daily Telegraph)

Brixton the commercial property owner has yet to rule out a rights issue to strengthen its balance sheet as its rate of new lettings continued to slow in the first quarter.

ANZ property exposure rises (The Australian)

THE ANZ Bank revealed that its exposure to commercial property had climbed 3 per cent to $29 billion, and attributed the increase almost entirely to existing facility drawdowns.

New Port Richey to help pay for street repairs (St. Petersburg Times)

NEW PORT RICHEY -- City officials agreed Tuesday night to pick up most of the tab for a proposed $1.2 million street improvement program.Commercial property owners will pay more than homeowners. If the city had agreed to pay nothing, each...

Aviva Investors forced to sell £800m commercial property portfolio (Financial Times)

Aviva Investors, the fund manager, is to offload £800m of commercial property from its with-profits funds after the decline in value of other investments caused an overweight to real estate.

LAWRENCE: Squibb, malls appeal property tax assessments (The Lawrence Ledger)

More than 100 Lawrence Township property owners ? including some of the largest commercial property owners ? have filed tax appeals contesting their property tax assessments for 2009, according to Municipal Manager Richard Krawczun.

Back to Offices in Leicester
Back to Commercial Property News Archives