Commercial Property News Archive for 25-Feb-2009

Commercial Property Prices Fell 15% In 2008: Index (Fox News)

Commercial Property Prices Fell 15% In 2008: Index

Missouri House approves tax break for saw mills (AP via Yahoo! Finance)

The Missouri House gives preliminary approval to a tax break for saw mills. The legislation would classify saw and planing mills as agriculture and horticultural land, instead of commercial property.

Commercial property investment plummets (Bucharest Business Week)

Global commercial property trading activity fell 59% last year, with a total of 435 billion USD of assets changing hands, down from 1,051 billion in 2007. This is the lowest level of activity seen since 2004, according to the figures in international property adviser Cushman & Wakefield's Investment Atlas 2009. Foreign buying activity was most affected, with non-domestic purchasing down 63 per ...

Fed's Lockhart: Losing sleep on commercial property (Reuters via Yahoo! News)

U.S. commercial real estate problems could derail the country's economic recovery later this year, a top Federal Reserve official said on Monday.

Missouri House approves tax break for saw mills (Columbia Missourian)

JEFFERSON CITY ? The Missouri House gives preliminary approval to a tax break for saw mills. The legislation would classify saw and planing mills as agriculture and horticultural land, instead of commercial property. Supporters say changing the zoning could drop the local tax rate the mills pay from 32 percent to 12 percent. House sponsor David Day, a Republican from Dixon, said Tuesday ...

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