Commercial Property News Archive for 03-Aug-2008

MONROE COUNTY: State, federal reps outnumber property owners at open house (Monroe County Clarion)

The residential and commercial property owners in Monroe County who would be affected by potential flood-insurance hikes should the Metro East fail to shore up its levees dwindle beside those in the counties of Madison and St. Clair.

Evans Randall turns lender with new fund (Financial Times)

One of the most active investors in UK commercial property is to enter the lending market for the first time with plans for a £500m fund to be run by a new team of debt specialists.

HGI acquires three retail malls (Financial Times)

Henderson Global Investors has completed one of the largest commercial property deals this year after buying three designer retail malls for £365m ($723m) as the basis for a new UK retail property fund.

Hungary Commercial Property Market To See Average Year In 2008 Study (Nasdaq)

BUDAPEST -(Dow Jones)- Investment into the Hungarian commercial property market is expected to pick up in the second half of 2008 despite a 75% annual slump in the first six months of the year, according to a study by real estate developer CB Richard Ellis released Wednesday.

Bank (KX TV North Dakota)

A Minot real estate investment company has purchased the former Bank of North Dakota building. The deal is worth $2.2 million. Investors Real Estate Trust of Minot owns residential and commercial property in 13 states, mostly in the upper Midwest.

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