Commercial Property News Archive for 12-Jan-2008

BestWeek: Long Terror Extension Offers Time for Improvement (Centre Daily Times)

Freed from the need to focus continuously on extending the federal terrorism backstop in each new session of Congress, U.S. commercial property insurers may be able to use the time afforded by the recent seven year renewal of the Terrorism Risk Insurance Program to develop a more stable market for terrorism coverage, industry observers tell BestWeek U.S./Canada in an exclusive story.

Commercial Property Markets Strengthened in 2007; Capital Markets Turmoil Tempers Positive Outlook for 2008 (PR Newswire via Yahoo! Finance)

Commercial property markets worldwide enjoyed a strong year in 2007 with slightly declining vacancy rates, rising rents and record sale prices, according to the 22nd annual Global Market Report released today by NAI Global.

Sharpest commercial decline (Financial Times)

Commercial property values saw the sharpest falls on record last month as the market continued to struggle to regain its footing after a bruising few months of losses.