Commercial Property News Archive for 07-Feb-2009

Commercial property returns hit record lows (Financial Times)

Returns from commercial property fell to record lows last quarter, making 2008 the worst-ever year for property investment after a freefall in values that took the market by surprise.

Texas Lawmaker Proposes Tax Caps for Commercial Property (Insurance Journal)

Texas State Representative Bill Callegari (Katy) has filed two measures to cap increases in property tax appraisals for commercial property. The bills, HB 979 and HJR 49, limit annual appraisal ...

Commercial property values fall (BBC News)

UK commercial property values fell by a record amount in 2008, according to Investment Property Databank

U.S. commercial property values drop by most on record (Dallas Morning News)

Home values aren?t the only real estate prices getting hammered in the economic downturn. U.S. commercial property sale prices dropped by the largest percentage on record in the final months of 2008, according to a new report by the MIT Center for Real Estate.