Commercial Property News Archive for 11-Dec-2007

New Star slashes the value of its property fund (Daily Telegraph)

Deterioration in the UK commercial property market has forced New Star Asset Management to slash the value of its big selling £2bn property unit trust by 8.2 per cent.

REAL ESTATE (St. Petersburg Times)

MOSCOW ? Investment in Russian commercial property may rise 20 percent this year as consumption rises on the back of economic growth fueling demand for shopping malls and warehouses, real estate broker DTZ Holdings Plc said last week.

Commercial property still booming in Dubai (AME Info)

A new report from Better Homes points to a huge appreciation in values for several Dubai International Financial Centre buildings in the past three months, and notes that since the start of 2007 land prices in Business Bay have increased by almost 40 per cent.

Insurer FM Global to be Featured on The History Channel (Business Wire via Yahoo! Finance)

JOHNSTON, R.I.----FM Global , one of the world's largest commercial property insurers, will be featured on The History Channel on Sunday morning, Dec. 16, 2007, at 8 a.m. ET/PT and will be the focus of the weekly program "History's Business."

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