Commercial Property News Archive for 25-Jun-2008

Commercial property market may suffer 30% cut (Financial Times)

The sharp decline in developed commercial property markets such as the UK will push global investment down by 30 per cent to about $500bn in 2008, according to a survey published on Tuesday.

Property transactions dive to their lowest level since mid-1990s (Independent)

The number of property transactions made across the UK dived by more than 13 per cent in May ? the biggest monthly fall since November ? as the credit crunch continued to take its toll on the housing and commercial property markets.

Real Estate Roundtable spent $790K lobbying in 1Q (AP via Yahoo! Finance)

The Real Estate Roundtable, which represents commercial property owners and leaders of industry trade groups, spent $790,000 in the first quarter to lobby on insurance and environmental issues.