Commercial Property News Archive for 10-Jan-2008

P/C rates dropped 16% in December: MarketScout (Business Insurance)

Commercial property/casualty insurance rates dropped an average of 16% in December, according to Dallas-based electronic insurance exchange MarketScout.

Will a US recession hit commercial property next? (Straits Times)

NEW YORK - AS chances of a United States recession increase with each new batch of economic data, some investors are worrying that commercial property could follow residential housing down the path of a steep decline. And in doing so, leave behind unpaid debt that would be difficult to unwind.

(AFX UK Focus) 2008-01-09 09:36 GMT: Mercury Group says reached settlement deal with Smith Melzack vendors (Interactive Investor)

LONDON (Thomson Financial) - Mercury Group PLC said it has entered into a settlement agreement with the vendors of commercial property consultancy and estate agency Smith Melzack Pepper Angliss Ltd, which was acquired by the company on Feb 28 2005.