Commercial Property News Archive for 10-Sep-2007

INTERVIEW Horlick picks commercial property as next casualty of credit turmoil (Sharewatch)

LONDON (Thomson Financial) - Markets are focused on the wrong targets if they want to know which sector will be next to suffer the aftershock of the subprime crisis, according to Bramdean Asset Management CEO Nicola Horlick, who believes commercial real estate is poised for collapse.

Commercial real estate (The Cincinnati Enquirer)

The most expensive commercial-property transfers recorded recently in Hamilton, Clermont, Butler and Warren counties in Ohio; and Boone, Kenton and Campbell counties in Kentucky, based on dollar values of $200,000 or more (data collected from county records):

Real estate faces £10bn loss of value (Daily Telegraph)

CB Richard Ellis, the property agent, is to wipe up to £10bn off the value of Britain's commercial property market when it carries out its quarterly valuations at the end of this month.

Lehman's plan to cut 850 jobs spreads fear of City rental downturn (Independent)

Lehman Brothers' plans to cut another 850 jobs as it restructures its mortgage business in the UK and US has sent shockwaves across London's commercial property market, creating fears of a full-scale downturn.

UK real estate market faces 10 bln stg loss of value - report (Sharewatch)

LONDON (Thomson Financial) - Property agent CB Richard Ellis is to wipe up to 10 bln stg off the value of the UK's commercial property market when it carries out its quarterly valuations at the end of this month, the Sunday Telegraph reported.

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