Commercial Property News Archive for 16-Dec-2007

Commercial property fund loses £150m (Guardian Unlimited)

New Star Asset Management yesterday wrote nearly £150m off the value of its £1.7bn UK Property unit trust in the latest sign of a gathering crisis among commercial property funds

Record drop in commercial property returns (Interactive Investor)

Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters.

Commercial sales outlook turns darker (Chicago Tribune)

As it has gotten harder to obtain loans in the global credit crunch, deals for prime office buildings have faded In a city that prides itself on its skyscrapers, One North Wacker Drive is considered a supertrophy tower. But the struggle to sell the 6-year-old office building this fall signals the dramatic slowdown in Chicago's multibillion-dollar commercial-property sales market.

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