Commercial Property News Archive for 17-Feb-2009

Redcliff Metivier appointed to manage commercial property from hospital pension (The Canadian Press via Yahoo! Canada News)

MONTREAL - Redcliff Metivier Realty Inc. has been appointed to manage a portfolio of 16 industrial buildings in Montreal for the Hospitals of Ontario Pension Plan.

Commercial property experts say Dallas-area market will weaken, then be one of the first to recover (Dallas Morning News)

There's no way to sugarcoat it ? things are tough in the North Texas commercial real estate market and likely to worsen in 2009. A combination of a dismal national economy and a freeze on lending has choked commercial property owners and lenders in most parts of the country.

Bendigo posts earnings drop but stays upbeat about expansion plans (Business Day)

REGIONAL lender Bendigo and Adelaide Bank has been able to navigate the tougher banking market despite hedging charges and several soured commercial property loans causing first half earnings to drop 15 per cent.