Commercial Property News Archive for 27-May-2008

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.

Management firm builds portfolio by taking over Hawaiian Collection (BizJournals)

A portfolio of shopping centers and office buildings on four islands added almost 650,000 square feet to the top commercial property management company on the PBN list of commercial property managers.

(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.

Commercial property investors bide their time (Daily Telegraph)

Investors are waiting for the opportunity to swoop on the depressed London commercial property market, says Jonathan Russell - but not until values fall further still.