Commercial Property News Archive for 16-Oct-2008

Plight worsens for commercial property sector (Financial Times)

Hundreds of millions of pounds have been pulled from commercial property investments and developments in the UK in the past few weeks, exacerbating already accelerating losses in real estate values across the country.

Commercial property values fall another 2.9% (The Herald)

Commercial property values in the UK slipped by another 2.9% last month, according to benchmark data released yesterday. The latest figures from Investment Property Databank also revealed the latest slippage takes the market's fall since June 2007's bull market highs to more than 24%.

P/C insurers on solid financial ground: S&P (Business Insurance)

NEW YORK?While market conditions continue to deteriorate, most U.S. commercial property/casualty insurers appear capable of weathering the storm, according to a Standard & Poor's Corp. report released Tuesday.

Permits needed before fixing commercial property (Galveston County Daily News)

Several permits may be needed before repairing commercial property.

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