Commercial Property News Archive for 31-May-2009
(AFX UK Focus) 2009-05-29 16:19 Gloomier outlook for UK commercial property-survey (Interactive Investor)
By Daryl Loo
Free rent sign of times (The Evening Sun)
With the economy in such shambles, trying to find a tenant for a commercial property has become much tougher. It's a buyers' market, with more vacant storefronts than businesses to fill them.
Commercial property norms relaxed (People's Daily)
The government's decision to slash the minimum financial requirement for commercial property investment for the first time in 13 years, will help ease property developers' capital strain and stabilize housing prices, analysts said. The minimum amount of capital needed to jumpstart a new commercial property or an affordable housing project has been lowered from 35 percent of the total project ...
Gloomier outlook for UK commercial property (Khaleej Times)
LONDON - More pain is in store for UK commercial property investors after fund managers and analysts further cut predictions for the sector, and tempered their hopes of a recovery in 2011, consensus data showed on Friday.
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