Commercial Property News Archive for 20-Dec-2008

Commercial property deals slump by two-thirds to less than �1bn (The Scotsman: Business)

INVESTMENT in commercial property in Scotland has suffered a dramatic �2 billion slump this year, new figures have revealed.

Breather for property market (The Star)

AS the adverse impact of the global financial crisis widens to the other economic sectors such as trading, manufacturing, retail and services, many expect the residential and commercial property sector to also take a hit.

Commercial Returns Decline For First Time Since 94 (Scoop.co.nz)

Auckland, December 17th 2008: Commercial property returns in New Zealand fell in Q3, 2008, according to the PCNZ/IPD. The All Property Total Return fell -0.31% in the three months to September 30th marking the first time property has declined on a quarter on quarter basis since the index began in 1994.

Commercial property owners brace for tax hit (BizJournals)

Commercial property owners may be facing declining values for their office towers but they won?t be paying less in property taxes.

Highlands making businesses pay for trash pickup (Asbury Park Press)

The borough is forcing commercial property owners to pay for their own garbage pickup ? a move that already struggling merchants said would cripple them.