Commercial Property News Archive for 14-Jan-2008

Banks gloomy on commerical property debt (FT.com via Yahoo! News)

Almost two-thirds of commercial banks that lend to the commercial property sector expect debt conditions to deteriorate further this year because of the credit crunch.

Commercial Property Insurer FM Global's A+ (Superior) Financial Strength Rating Affirmed by A.M. Best (PR Newswire via Yahoo! Finance)

Insurance ratings company A.M. Best has affirmed FM Global's A+ financial performance rating and "stable" rating outlook, citing the commercial property insurer's "solid operating performance" and "extremely strong capitalization."

UK commercial property values down 12 pct (Khaleej Times)

LONDON - UK commercial property capital values sank 4.3 percent in December, taking the market?s losses since June to almost 12 percent and potentially leaving some recent buyers deeper in negative equity, data showed on Friday.

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.