Commercial Property News Archive for 28-May-2008
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.
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.
Hypo Real Estate Says Flowers' Bid Below Intrinsic Share Value (Bloomberg.com)
May 26 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial property bank, said J.C. Flowers & Co.'s offer to buy up to 24.9 percent of the company is below the intrinsic value of the share price.
Singing the Blues? (Journal Inquirer)
Richard Mahoney had not seen anything like it in his more than 40-year real estate career in West Hartford Center and the 30 years he spent as a commercial property appraiser in Hartford.
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