Commercial Property News Archive for 30-Sep-2006

Salhia Real Estate Company (Exchange - KUW : SREK.KW) (Zawya)

Dealing in various real estate activities, in particular the owning and renting out of commercial property including hotel accommodation. Established in 1974 the Salhai Real Estate Company was listed on the Kuwaiti Stock Exchange in 1984 as a Kuwaiti joint stock company.

IVG Immobilien buys two commercial property portfolios for 879 mln eur (Sharewatch)

The portfolios are made up of 31 separate properties that have a combined surface area of 270,000 sq metres, the company said in a statement. IVG had bought 25 of the properties from WestInvest Gesellschaft fuer Investmentfonds for 505 mln eur.

Capitol Records Tower sold (CNN.com)

Read full story for latest details.

Australian firm snaps up tower (Stuff)

Wellington's Grand Plimmer Tower has been sold by its Singaporean owner for $54 million in one of the capital's biggest commercial property transactions.

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