Commercial Property News Archive for 30-Oct-2007

Florida passes $12 billion property tax cut plan (Reuters via Yahoo! News)

Responding to skyrocketing coastal property values and taxes, Florida lawmakers on Monday passed a proposed constitutional amendment that backers say would cut local property taxes by $12.5 billion over the next five years

Commercial property slows but doesn't sink (The Myrtle Beach Sun News)

The excesses that led to a bust in the housing boom haven't spread to the commercial real estate market, where the outlook is cautious but decidedly upbeat. Led by strong growth in the office and retail segments, commercial property sales hit $401 billion through Oct. 18, outpacing last year's $359 billion total, according to Real Capital Analytics, a New York based real-estate research firm. ...

Shoppers leave for greener pastures (NDTV Profit)

Noida's Sector 18 Market has turned into a paler version of its old self. Till eight months ago it was the most expensive commercial property in Noida.

Savers bail out of property funds (Times Online)

INVESTORS have pulled millions of pounds out of commercial property funds in the past few months as fears of a crash in the sector grow.

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