Commercial Property News Archive for 26-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.

Subprime losses grow for some P/C insurers (Business Insurance)

Several commercial property/casualty insurers have been hit by the subprime credit crisis and related investment troubles, and some observers expect more bad news on the investment front.

U.K. Banks Recoil From Commercial Property Lending, FT Reports (Bloomberg.com)

May 23 (Bloomberg) -- U.K. banks have moved away from commercial property lending, leaving investors with record margins, requests for more equity and rising arrangement fees, the Financial Times reported.

View of the day: UK commercial property (Financial Times)

Foreign buyers could be the saving grace of the ailing UK commercial property market, says Jamie Dannhauser at Lombard Street Research. He notes that commercial property values continued to fall last month ? although the pace of decline has clearly slowed.

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