Commercial Property News Archive for 08-Jan-2008

Commercial property 'could drop another 10pc' (Daily Telegraph)

Commercial property agent King Sturge has warned that property prices could fall by another 10pc before bottoming out in the second quarter this year.

Commercial property next US worry (The New Zealand Herald)

As the chances of a United States recession increase with each new batch of economic data, some investors worry that commercial property could follow residential housing down the path of steep decline, leaving behind unpaid debt that would be difficult to unwind.

Alert over commercial property (Edinburgh Evening News)

COMMERCIAL property values could fall by another ten per cent in the first quarter of 2008 before bottoming out, a leading property agent said today.

Property sales take a beating (Financial Times)

Sales in the commercial property market nosedived in the fourth quarter of last year, hit by tumbling prices and turmoil in credit markets. The value of transactions fell from £15bn in the third quarter to £5.5bn in the fourth, according to Property Data, an independent data provider.

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