Commercial Property News Archive for 28-Nov-2008

British property to plummet (The Australian)

UK commercial property values have fallen 22 per cent from their June 2007 peak

Owners reject $3bn in offers (The Australian)

MORE than $3 billion worth of unsuccessful offers have been made for Australian commercial property in 2008, which has been dubbed the year of the Mexican stand-off by the industry.

Capital records unrealised interest rate swap loss (Stuff)

Capital Properties NZ Ltd, a commercial property investor managed by AMP Capital Investors, has notched up unrealised losses on interest rate swaps.

RSL billed for selling poppies (Adelaide Now)

THE Returned and Services League is being charged hundreds of dollars for its charity volunteers to collect money at some commercial property sites.