Commercial Property News Archive for 16-Dec-2006

Westfield REIT signs agreements to acquire $60.6 million of Western Canadian commercial property (CNW Group via Yahoo! Finance)

Westfield Real Estate Investment Trust is pleased to announce that it has entered into agreements for the purchase of approximately $60.6 million of commercial properties located in Alberta and Manitoba.

Strong improvement in commercial property demand (Reuters via Yahoo! UK & Ireland News)

Demand for commercial property has picked up markedly in the last six months and companies expect to increase their property holdings further in the coming six months, a survey showed on Thursday.

UK Property Returns Outperform Equities In Nov - Report (Nasdaq)

LONDON -(Dow Jones)- U.K. commercial property produced total returns of 19.5% in November, outperforming the equities markets, according to data released Thursday by independent property research body the Investment Property Databank.

UK commercial property in the red (The Scotsman: Business)

The total value of outstanding debt secured on UK commercial property grew by an eighth to �176.6 billion in the first six months of 2006, an industry survey has revealed.