Commercial Property News Archive for 09-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.
Demand for office space falls at record pace (Financial Times)
Demand for offices and shops has fallen at the fastest pace on record, spelling further trouble for commercial property landlords struggling to find tenants in worsening economic conditions.
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.
NAI Clarksville offers accelerated marketing for troubled assets (The Leaf Chronicle)
NAI Clarksville is participating in the Commercial Property PowerSale, an accelerated marketing program created by NAI Global to help property owners and financial institutions dispose of troubled real estate needs.
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