Commercial Property News Archive for 14-Nov-2008

No drop in Townsend property valuations (Lowell Sun)

By Damien Fisher Staff Writer TOWNSEND -- Home and commercial property valuations did not drop during the most recent revaluation, according to Town Administrator Greg Barnes. Townsend bases the fiscal year 2009 property-tax bills on the sale prices from calendar year 2007, according to Assessor Vicki Tidman.

Few areas of the world immune from slump in commercial property (Financial Times)

Worsening economic conditions have now taken a toll on almost every commercial property market in the world, according to a global survey of real estate surveyors.

Morgan Stanley's Kalsi Says Property Values to Fall (Update2) (Bloomberg)

Nov. 13 (Bloomberg) -- Japan offers the best investment opportunity in a global market for commercial property that may fall as much as 30 percent, said Sonny Kalsi , managing director and co-head of real estate investing at Morgan Stanley.

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