Commercial Property News Archive for 04-Jan-2007

Cell tower owner opposes one near his home (Eagle-Tribune Online)

PLAISTOW - Jim Wentworth says even though he owns a cell tower, he doesn't want one in his backyard. Wentworth, owner of Wentworth Truck and Trailer Repair in Plaistow, said he earns money leasing a wireless communication tower from his commercial property on Newark Street in Haverhill, Mass.

IVG to sell ?600m of European assets (Financial Times)

IVG Immobilien, the German commercial property company, plans to withdraw from several European countries in order to streamline its direct property portfolio, amid falls in property yields across the continent tohistorical lows.

The Investment Column: Best may be over in dash by companies to convert to Reits (Independent)

Ten of Britain's biggest listed commercial property companies officially converted into Real Estate Investment Trusts or Reits yesterday. Among those who switched to the tax-efficient format were British Land, Land Securities, Slough Estates, Liberty International, Great Portland Estates and Hammerson.

Commercial property investment warning before Reits? launch (The Herald)

Returns from commercial property investment could crash by 50% this year, just as a wave of new investors is attracted to Real Estate Investment Trusts (Reits) which arrive this month.

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