Commercial Property News Archive for 15-Jan-2008

Inflated valuations to hit Big Four lenders (Daily Telegraph)

MAJOR banks may be exposed to billions of dollars of notional losses in the commercial property sector after lending money based on over-inflated valuations.

Changsheng China plans up to $145 mln IPO -source (Reuters via Yahoo! Malaysia News)

HONG KONG, Jan 14 - Chinese commercial property developer Changsheng China Property Co Ltd plans to raise up to US$145 million from its Hong Kong initial public offering, a source familiar with the deal said on Monday.

Banks gloomy on debt outlook (Financial Times)

Almost two-thirds of commercial banks that lend to the commercial property sector expect debt conditions to deteriorate further this year owing to the effects of the credit crunch, according to a survey to be released today.

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.

Property index predicted to show slump (Daily Telegraph)

The UK commercial property market, battered throughout 2007 by falling values, is set to suffer more bad news this week with the publication of the UK annual property index from consultants IPD.