Commercial Property News Archive for 14-Dec-2007

Banks have $212bn at risk in property (FT.com via Yahoo! News)

The world's largest banks have around $212bn (£104bn) of assets at risk of default as a result of the severe contraction in lending on commercial property and the expected fall in real estate values, according to a new report from analysts at Morgan Stanley (AMEX:MWD).

M. Park businesses fear tax increase (Potomac News)

The city of Manassas Park is going through some growing pains, evidenced by the large crowd gathered at Tuesday's public hearing on commercial property tax. After discussing its legislative priorities with 50th District Del. Jackson Miller, R-Manassas, earlier in the evening, the council faced a large contingent of business owners concerned about a possible commercial property tax hike made ...

£12bn property services boost (Edinburgh Evening News)

THE commercial property services sector in Scotland is thriving, with companies and individuals generating £12 billion in income.

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