Commercial Property News Archive for 18-Jul-2007

Commercial property sector gets the jitters (The Scotsman: Business)

COMMERCIAL property was, for a time, riding on the crest of a wave. Given the excellent returns it was delivering, investors piled their money into bricks and mortar and it was seen as an excellent way of diversifying a portfolio away from equities.

Pimco Favors Japan Mortgage, Inflation-Linked Bonds (Update1) (Bloomberg.com)

July 17 (Bloomberg) -- Japanese bonds backed by commercial property loans or protected for inflation are ``attractive'' as prices may rise at a faster pace in the next three to five years, according to Pimco Japan Ltd.

Another huge commercial property sale said to be in works (BizJournals)

One of the region's most-respected commercial property owners is contemplating the sale of his entire 7.7-million square-foot Silicon Valley portfolio, sources say.

New Property Management Appointments (Scoop.co.nz)

A commitment to offering superior property management services has seen Simes Limited make two recent appointments. Andy Bell has been appointed as Business Development Manager and Paul Melton as Finance Manager (Commercial Property).

Daniels hints at special session for property taxes (Journal and Courier)

Gov. Mitch Daniels said today a decision will be made this week on whether to order a reassessment in Marion County, and possibly other counties, where residential tax bills may have been forced higher by low assessments on commercial property. He also moved closer to ordering a special session, saying he may do so whether or not there is agreement with legislators on how to reduce property tax ...

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