Commercial Property News Archive for 19-Jul-2008

City fringe sale brightens gloom (The New Zealand Herald)

Despite an aura of doom and gloom pervading some sectors of the commercial property market, CB Richard Ellis has completed one of the largest property transactions of the year with the sale of a GE Finance-owned building at 49 Symonds St for around $35 million to a private German investor.

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.

By Chris Armitage, Correspondent (The Advertiser-Tribune)

BLOOMVILLE - Bloomville Village Council approved a special use permit and zoning paperwork Wednesday night as local developer Curt Levans prepares to add upstairs residential use in downtown commercial property.

Boise-based commercial property buyer acquires residential land across U.S. (The Idaho Statesman)

Boise-based DBSI Acquisitions, a nationwide buyer of investment-grade commercial properties, reports that it recently completed four transactions of residential land.