Commercial Property News Archive for 05-May-2008

Bank of England sounds alarm on �5bn commercial property defaults (Daily Telegraph)

Britain's big banks stand to lose as much as a fifth of their profits as the commercial property market implodes, the Bank of England has warned.

Malls, hotels may slump less steeply than homes (Naples Daily News)

Even optimistic commercial-property developers are stacking sandbags to hold back a financial deluge in the market for office towers, hotels, shopping malls and other commercial real estate.