Commercial Property News Archive for 30-Jan-2008
Reassessment increases to be less this year (The Daily Progress)
Overall assessed values on both commercial and residential properties increased slightly on average, at .14 percent, according to information the county plans to release today. Commercial property values went up slightly, at 4.6 percent, but the downturn in the economy is most obvious in the residential real-estate market. The value of five-acre parcels with existing houses, for example, ...
Office demand sinks to lowest level since 2003 (Financial Times)
Occupier demand for commercial property has sunk to levels not seen since the slowdown five years ago, according to the Royal Institution of Chartered Surveyors.
Commercial property claims denied (Irish Examiner)
THIS week?s warning that the Irish commercial property market could drop by 30% has been denied by director of research at CBRE Marie Hunt.
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