Commercial Property News Archive for 02-May-2009

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.

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.

(AFX UK Focus) 2009-05-02 02:51 Commercial property sales slump worldwide - report (Interactive Investor)

NEW YORK, May 1 (Reuters) - Global sales of investment grade real estate plunged 73 percent to $47 million in the first quarter from a year ago, or just one-sixth of the level two years ago, according to real estate research firm Real Capital Analytics on Friday. A total of 1,014 properties, each worth more than $10 million, sold worldwide from January through March, the firm said in a monthly ...

Engberg purchases McCue's; No word on plans for the property (Kearney Hub)

KEARNEY ? A prime location for commercial property.

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.