Commercial Property News Archive for 15-Feb-2007

Commercial property boom is nearly over, warns British Land (Belfast Telegraph)

British Land warned yesterday that the commercial property boom, that has resulted in price tags upwards of �600m for London office blocks in recent weeks, was nearing its end.

Overseas Investors Still Find U.S. Property Hot (BusinessWeek)

Foreign investors buy billions of dollars of prime commercial property in the U.S. every year. Where are they from?

London For Sale (thebusinessonline.com)

Life has never been sweeter for Britain?s commercial property estate agents. The last week alone saw Swiss Re sell its iconic Gherkin in the City of London for �600m ($1.16bn, ?1.5bn), turning a neat �250m profit. CityPoint, the former BP headquarters on Ropemaker Street, is up for sale at �650m.

Commercial property's glory days may be over (Daily Telegraph)

Prices have risen so fast that rental income no longer offers investors an attractive yield.