Commercial Property News Archive for 10-Feb-2009

New MIT Index Latest Sign of Declining CRE Values (Commercial Property News)

As evidence of the declining commercial property values continues to mount, the Massachusetts Institute of Technology's Center for Real Estate has unveiled a new survey detailing just how far pricing has plummeted.

Property values expected to rise (BizJournals)

Residential and commercial property owners expecting a lower assessed property value in 2009 compared to 2005 numbers might be in for a big surprise when reappraisal notices are sent out in March.

Brent Cross owner in rights issue (BBC News)

Property firm Hammerson says it hopes to raise £584.2m from investors in order to compensate for the slump in the UK commercial property market.

Water rationing latest challenge (The Santa Rosa Press Democrat)

SANTA ROSA - The prospect of having to spend thousands of dollars to comply with tighter water rationing couldn?t come at a worse time for commercial property owners who are dealing with shrinking revenue.

Tempting returns in fully leased $1m site (Stuff)

A fully leased commercial property in Paraparaumu, with a capital value of over $1 million, is up for grabs.

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