Commercial Property News Archive for 28-Jul-2008

(AFX UK Focus) 2008-07-22 17:53 F&C Commercial Property says considering F&C Asset plans for property business (Interactive Investor)

LONDON (Thomson Financial) - F&C Commercial Property Trust Ltd. said it plans to consider carefully the terms of the proposal announced today by F&C Asset Management plc. that it is going to combine its UK and Ireland property asset management operations with REIT to form F&C REIT Asset Management, with total assets under management of 8.5 billion pounds.

ANZ says provisions seen rising to A$1.2 bln in H2 (Washington Post)

SYDNEY (Reuters) - ANZ bank (ANZ.AX), Australia's third-biggest lender, issued a profit warning on Monday, forecasting more than $1 billion in bad debt charges, as the global credit crisis started to hurt the country's previously buoyant banks.

Drop in demand for commercial property (icWales)

DEMAND for commercial property in Wales has fallen at its sharpest rate since 2002 according to the latest quarterly research from the Royal Institution of Chartered Surveyors (RICS).

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