Commercial Property News Archive for 24-Jan-2007

Adler Group to Acquire $300 Million in Commercial Real Estate Through Partnership with UBS (Business Wire via Yahoo! Finance)

MIAMI----Adler Group, Inc., one of the oldest and largest commercial real estate firms in the Southeast, and UBS Global Asset Management, Global Real Estate, have agreed to begin an exclusive equity partnership to acquire commercial property in the major markets of Florida and the Norfolk, Virginia metropolitan area.

Property market grew by record amount last year (Financial Times)

The international commercial property market attracted record levels of investment last year with $643bn (?506.3bn) of stock changing hands, a jump of 33 per cent on the previous year.

Irish pile into Euro commercial property (Ireland Business World)

The latest figures from CB Richard Ellis Group, show that the turnover of the commercial real estate investment market in 2006 topped E230 billion. - up more than 40pc on the total in 2005.

Partners plan $300M in real estate buys (BizJournals)

Adler Group and UBS Global Asset Management, Global Real Estate have agreed to partner to buy up to $300 million in commercial property in the major markets of Florida and the Norfolk, Va., metropolitan area.