Commercial Property News Archive for 14-Jul-2007

Property returns were 0.7 pct in June (Reuters via Yahoo! UK & Ireland News)

The average investment return on commercial property was 0.7 percent in June, leaving the market on track to achieve single-digit percentage total returns this year, data used for derivatives trading showed on Friday.

Price cuts spark fears of mass withdrawals (Financial Times)

This week could mark the turning point of the investor love affair with commercial property after up to 6 per cent was wiped off the prices of more than �20bn of UK property funds.

Joint Venture Breaks Ground on 90-Acre Commercial Property in Fort Myers, FL (PR Newswire via Yahoo! Finance)

Realco-Greenwich, LLC, a joint venture of Greenwich Development and Realco Group, broke ground July 2, 2007 on Meridian Center, a mixed-use commercial development located in Ft. Myers, FL.

Waterfront Eyesore Mired In Legal Red Tape (New London Day)

Waterford ? Below the Niantic River Bridge lies Mago Point, a narrow strip of waterfront commercial property where charter fishing boats, marinas and seafood joints populate the landscape.