Commercial Property News Archive for 27-Jun-2008
FBD blames volatile market for pre-tax profit drop (Irish Examiner)
GENERAL insurer FBD, which recently rejected a potential ?1.2 billion offer from Dutch insurance giant Eureko, said volatile financial markets and weakness in Britain?s commercial property market has hurt pre-tax profits in the first half of the year.
City real estate group admits property tax cheating (AM New York)
A New York real estate group has pleaded guilty to a "heads-we-win-tails-we-win" commercial property tax fraud in which it cheated the city out of some $180,000 over six years.
Fifth Third halts loans for commercial property (The Toledo Blade)
As one of Toledo's largest investors in commercial real estate, with millions of dollars in retail and office properties, Harvey Tolson has been a loyal customer to Fifth Third Bank.
Commercial property to recover 2009 at earliest (Interactive Investor)
Wed 25 Jun, 2008 18:07
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