Commercial Property News Archive for 07-Jul-2007

South Africa: Homes Costs Inflation Slips But Still High (AllAfrica.com)

ALTHOUGH residential building cost inflation is still high with year-on-year inflation of 26% recorded in the first quarter of this year, it has tapered off from the 39% year-on-year inflation recorded in the fourth quarter of last year, according to the First National Bank commercial property finance residential building cost index.

Commercial property cracks start to show (Daily Telegraph)

New signs of distress in the UK's shaky commercial property market have emerged after Standard Life slashed the unit prices of five of its real estate funds in response to nervous investors cashing in their holdings.

Building prices ease slightly (IAfrica South African Business News)

Residential building cost inflation took a breather during the first quarter of the year after a significant surge in building cost pressures last year, the FNB Commercial Property Finance Residential Building Cost Index showed on Thursday.

Property investment exceeds 27 billion pounds (Tiscali)

Global property services firm Jones Lang LaSalle (JLL) said the data -- collated from the country?s leading commercial property agencies -- provided some evidence that the market was levelling off, with the number of bidders falling.

Invista to launch £1bn property fund (FT.com via Yahoo! News)

Invista, the UK's largest listed property fund manager, is to launch a £1bn opportunity fund to profit from private investors struggling in overheated parts of the commercial property market.

Back to Offices in Leicester
Back to Commercial Property News Archives