Commercial Property News Archive for 04-Jun-2008

Centro announces refinancing extension (AP via Yahoo! Finance)

Centro Properties Group, an Australian commercial property trust that has been struggling with refinancing debt, said Monday it has gotten an extension until Dec. 15.

Trustnet News and Research / Research archive (TrustNet)

In the recent reporting season, UK commercial property companies, including REITS, have seen a 10-15% hit to the asset value of their property portfolios, confirming the feared slow-down in the sector.

Federal Realty buys Palm Beach center (Miami Herald)

In the first big-dollar investment in commercial property in Palm Beach County in months, a Maryland real estate trust has paid $41.7 million for a Winn-Dixie shopping center west of Boca Raton.

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