Commercial Property News Archive for 16-Oct-2007

Dubai office rents triple since 2005 (AME Info)

Dubai's commercial property sector witnessed significant growth in office rental rates over the past few years, mainly driven by demand from the high influx of multinational companies setting up operations and growth in existing businesses, according to leading property consultancy Asteco.

Mirland Development Corporation Mulls Bond Issue (Nasdaq)

LONDON -(Dow Jones)- Mirland Development Corporation, a Russian residential and commercial property developer, said Monday that it has filed a draft prospectus with the Israeli Securities Authority as a preliminary step towards a possible bond issuance.

South Africa: Property Market Feels Squeeze of Rates Spiral (AllAfrica.com)

SEVEN interest rate hikes since June last year have ratcheted up the pressure on homeowners and new entrants to the commercial property sector, with indications that many are feeling the pinch and are being forced to sell.

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