Commercial Property News Archive for 08-Jul-2007

Slowdown in building cost inflation may be short-lived (Independent Online)

Residential building cost inflation appears to be slowing after a significant surge last year, but the decline is expected to be short-lived, according to FNB Commercial Property Finance's 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.

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.

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.

P/C rates down 14% over year ago: MarketScout (Business Insurance)

DALLAS?Rates for all lines of commercial property/casualty insurance continued to decline in June, with an overall average decline of 14% compared with a year earlier, Dallas-based electronic insurance exchange MarketScout reported Thursday.

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