Commercial Property News Archive for 16-May-2009

Reno Developer Closeout Sale: Residences at Riverwalk Towers and Commercial Property to Sell at J. P. King Auction (Marketwire via Yahoo! Finance)

The Residences at Riverwalk Towers, luxury condominiums in the heart of Downtown Reno, Nevada, is set for a developer close-out real estate auction on Sunday, May 31st, 1 p.m. in the Carson Ballroom at the Grand Sierra Resort. The real estate auction will include 16 condominiums with 5 selling absolute to the highest bidders. The sale will include commercial development property. The sale will ...

Land Securities slumps to £4.8bn loss (Guardian Unlimited)

Property developer's shares fall 12% after annual results stamp out hope of recovery in commercial property sector Land Securities, Britain's biggest property developer, trampled on talk of the green shoots of recovery in the commercial property sector today when it reported annual pre-tax losses of £4.8bn ? more than four times worse than 12 months ago. Its shares slumped 12% to 475p, dragging ...

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