Commercial Property News Archive for 21-Jan-2009

Land Securities Says Market Will Remain ?Challenging? (Update4) (Bloomberg)

Jan. 20 (Bloomberg) -- The U.K. commercial-property market will remain ?challenging? this year and Land Securities Group Plc , the country?s largest real estate investment trust, is responding by speeding up asset sales to raise cash, the company said.

Germany?s Hypo Real Estate Gets EU12 Billion in Debt Guarantees (Bloomberg)

Jan. 21 (Bloomberg) -- Hypo Real Estate Holding AG , the commercial property lender bailed out by the German government, received 12 billion euros ($15.5 billion) in debt guarantees, giving it access to financing amid the credit crunch.

Commercial property values plunge (Daily Telegraph)

Commercial property values fell by 27.1pc in 2008 according to IPD the leading index provider.

Land Securities sees little respite for property market (ShareCast via Yahoo! UK & Ireland Finance)

Property giant Land Securities says the rate of decline of the commercial property market may be easing a little, but the trend continues to be "negative".