Commercial Property News Archive for 15-May-2008

GE property arm buys ?1.3bn loan portfolio (Financial Times)

GE Real Estate has bought a ?1.3bn (£1.04bn) portfolio of discounted commercial property loans in the UK and Germany from Capmark Europe as it takes advantage of continuing difficulties in the debt markets.

YNH May Sell Half of Foster-Designed Tower for $370 Million (Bloomberg.com)

May 15 (Bloomberg) -- YNH Property Bhd. is in talks to sell half of a Norman Foster-designed development in Kuala Lumpur for as much as 1.2 billion ringgit ($370 million) in the city's biggest commercial property transaction.

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