Commercial Property News Archive for 11-May-2008

Widows and Axa put block on property pension transfers (Money Marketing Online)

Advisers have slammed Scottish Widows and Axa for not allowing pension customers who are partially invested in commercial property funds with restrictions to transfer any of their pension to another provider. ...

Bassi waiting for commercial property prices to drop further (Financial Times)

Commercial property prices have another 10 per cent to fall in the Midlands, according to Paul Bassi. The well-known local investor then expects to enter the market, snapping up office space through Real Estate Investors, the Aim-listed company in which he has a 20 per cent stake.

Commercial property strong: Deloitte (AAP via Yahoo!Xtra News)

Opportunities in the commercial property sector are still strong despite the global credit crunch, according to financial services firm Deloitte.

Council passes Social Host Ordinance (Altus Times)

Just in time for post-graduation festivities, during its regular Tuesday night meeting, the Altus City Council passed a ?Social Host Ordinance? , prohibiting the hosting of gatherings where alcoholic beverages, including low-point beer, are consumed by minors on either private property or commercial property.

Dairy farmers move into town (The New Zealand Herald)

A record payout from Fonterra is substantially boosting the income of dairy farmers throughout the country and affecting the rural commercial property market.

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