Commercial Property News Archive for 19-May-2009

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

RENO, NV--(Marketwire - May 15, 2009) - 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 ...

Focus on commercial portfolio Mah Sing makes the move to ride out the soft demand for homes (The Star)

PETALING JAYA: Mah Sing Group Bhd will be building up its commercial property portfolio to ride out the soft demand for residential property that is expected to last until at least early next year.

Property developers get readyto snap up cheap bargains (Financial Times)

Signs are emerging that developers are preparing to raise cash to snap up bargains in the property market, as Great Portland Estates, the commercial property developer, readies a rights issue tomorrow to raise up to £150m.

Aspen halted on cap raising (Perth Now)

PERTH-based commercial property player Aspen Group has entered a trading halt pending an announcement of a capital raising.

Property slump worsens across the globe (Financial Times)

The slump across global commercial property markets has accelerated since the turn of the year, with the emerging markets in particular struggling under the combination of capital value and rental falls.

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