Commercial Property News Archive for 24-May-2008

UK commercial property values are in freefall (Financial Times)

UK commercial property values are in freefall but new ?vulture? funds are now being set up to buy in at discounted prices. The latest data from IPD, the industry yardstick, on Tuesday showed that December was the worst month ever and the last 12 months recorded heavy falls.

(AFX UK Focus) 2008-05-22 09:29 CapitaMall to buy Singapore commercial property for S$839.8 million - UPDATE (Interactive Investor)

SINGAPORE (Thomson Financial) - Singapore shopping mall operator CapitaMall Trust said on Thursday it will acquire from the government a commercial property located in the Orchard shopping district for S$839.8 million ($622 million), to be partly financed by the issuance of five-year convertible bonds.

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