Commercial Property News Archive for 16-Jan-2007

Alexis Nihon REIT adopts unitholder rights plan to block 'creeping takeover? (CP via Yahoo! Canada News)

MONTREAL (CP) - Summit REIT (TSX:SMU.UN) is keeping its intentions a closely guarded secret, but the commercial property owner's increased stake in Alexis Nihon Real Estate Investment Trust (TSX:AN.UN) could force Cominar REIT (TSX:CUF.UN) to raise its purchase offer, said an analyst.

Bulked-up building incentives weighed (Greenwich Time)

Greenwich doesn't offer enough zoning incentives to convince developers to build more affordable housing in town, according to a lawyer lobbying for regulation changes that would allow developer John Fareri to turn a commercial property on West Putnam Avenue into a 96-unit apartment building.

Euro commercial property tipped for top (Mortgage Introducer)

The fund manager and commercial property analyst has said European economies are expected to show continued improvement in 2007, leading to opportunities within the commercial property sector.

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