Commercial Property News Archive for 17-Jul-2008

CapitaLand Creates $1 Billion Real Estate Fund (New York Times)

CapitaLand has set up a $1 billion private equity fund to invest in commercial property projects in China, Bloomberg reported.

Undervalued commercial property (WFAA Dallas-Fort Worth)

An annual state comptroller's study of local property values indicates Dallas County's commercial values may be under-appraised for tax purposes. However, chief appraisers and real estate industry members say the numbers are unreliable.

Commercial property is bearing up in Edinburgh (The Scotsman: Business)

COMMERCIAL lets in Edinburgh have proved resilient in the face of the market downturn, with the take-up of rented offices up in the second quarter of this year.

Appraisals of Texas commercial property put under microscope; some say land undervalued (Dallas Morning News)

Battle lines are forming once again on the issue of whether commercial property in Texas is undervalued for taxing purposes, setting the stage for another showdown in the Legislature next year.

Walker plans a commercial comeback (Daily Telegraph)

BILLIONAIRE developer Lang Walker is planning to wade back into the increasingly distressed commercial property market two years after selling the bulk of his $1.25 billion portfolio.