Commercial Property News Archive for 25-Dec-2008

Developers say they need help (The New Zealand Herald)

Commercial property developers are lobbying for a piece of the US Government's Wall St bailout fund, saying that a real estate crash could wreak havoc on the banking system next year.

Commercial property returns fall (NZCity)

20 December 2008 The days of big returns from commercial property are over, according to the latest figures from the Property Council. Total returns have not only fallen in the year to September, but for the first time in 14 years they have declined on a quarter-by-quarter basis.

Falling UK commercial property prices (Financial Times)

UK commercial property prices have already fallen by 25 per cent since last summer, but there is now clear evidence is that the UK property market has entered its so-called ?double dip? phase as falling rents from struggling office and retail occupiers began to accentuate already dropping prices in the cyclical market downturn over the past year.

Indian market may open lower on weak global cues (Nasdaq)

(RTTNews) - Tuesday, the Indian market is likely to open lower, in-line with the weakness prevailing in the rest of the Asian markets this morning. The US markets fell overnight on plunging retail sales and deteriorating US commercial property values in the country.

Commercial property industry seeks bailout aid (Washington Post)

NEW YORK (Reuters) - A group of trade associations representing the U.S. commercial real estate industry is lobbying to be included in the Federal Reserve's $200 billion asset-backed bailout plan in order to head off a wave of foreclosures over the next few years.

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