Commercial Property News Archive for 01-May-2009
Commercial Property Revival Comes After Economic Rebound (Investor's Business Daily via Yahoo! News)
As the economy goes, so goes commercial real estate -- eventually. The two don't march in lock step.
CB Richard Ellis loses $36.7 million (Business Journal of Tampa Bay)
CB Richard Ellis Group Inc., the second largest commercial property management firm in Tampa Bay area, reported a first-quarter net loss of $36.7 million, or 14 cents a share, despite a 29 percent reduction in operating costs. (CBG)
Taxman eases up on commercial property (Financial Times)
Investors who bought commercial property through their pension before 2006 are set to save tens of thousands of pounds on tax charges if they renegotiate their mortgage.
All about 'loan against rent receivables' (rediff.com)
Do you have a residential or commercial property? Do you want to improve the condition of this property to enhance your prospects of earning higher rent, but lack the necessary financial resources for the same? Don't worry, there is help in the form of loan against future rent receivables. It is a loan that you can take against the future rental income of your property.
Aviva Investors forced to sell £800m commercial property portfolio (Financial Times)
Aviva Investors, the fund manager, is to offload £800m of commercial property from its with-profits funds after the decline in value of other investments caused an overweight to real estate.
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