Commercial Property News Archive for 13-Sep-2007

CMC buys E100m Berlin shopping centre (Ireland Business World)

CMC Capital, the Cork based German commercial property investment specialist, has announced the purchase of a major Berlin shopping centre for over E100 million.

South Africa: California Pulls in Developers (AllAfrica.com)

California, anchored by two coastal cities with rising rents and employment, drew almost $49bn in commercial property investment in the first half of the year, more than any other US state.

The British Midlands: Demand for Commercial Real Estate Rising in Region (PR Newswire via Yahoo! Finance)

Today The British Midlands Development Corporation announced that business demand for commercial property in parts of the region is holding steady, with some cities experiencing rental expectations reaching six-and-a-half year highs.

US property derivatives (Financial Times)

Property stocks have been bludgeoned this year, as concerns mount that higher lending costs will depress prices. So the timing may be right for the nascent derivatives market in US commercial property.