Archive for September, 2011
A Buyer’s Market For South Florida Commercial Property
September 30th, 2011If you’ve ever considered purchasing commercial property in South Florida, you might never find a better opportunity than right now. In the early 2000s, commercial property and residential real estate went up in South Florida at an amazing rate. Prices ......Read More
Commercial Property Loan Modification
September 30th, 2011Loan Modification is not just for homes. Apartments, Strip Centers, Commercial Bldgs and other investment properties can now qualify for a loan modification. With our nation in financial crises, and with retail market suffering, tenants on commercial properties are having ......Read More
Westminster proffers planning begging bowl to developers
September 30th, 2011Westminster City Council’s struggling planning department has asked developers to pay a £26,000 fee on “major” applications until the government introduces legislation to enable local authorities to set their own fees.
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Cash for property investment drops for first time since 2009
September 30th, 2011The amount of equity targeting property investment across the globe has fallen for the first time in two years due to the global debt crisis, according to a new report from DTZ.
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Ellandi and Miller Developments buy £20m Kent mall with development play
September 30th, 2011Ellandi has teamed up with Miller Developments and Middle Eastern investors advised by WW Advisors, to buy the Walnuts Shopping Centre in Orpington, Kent, for a price thought to be around £20m.
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Greek parliament passes controversial property tax
September 30th, 2011The Greek parliament last night passed a controversial new property tax in order to meet deficit reduction requirements and avoid defaulting.
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Prupim buys €50m of European retail assets
September 30th, 2011Prupim has bought three northern European retail assets for €50m on behalf of its M&G European Property Fund.
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Retail CVAs jump by a quarter
September 30th, 2011The number of retailers using company voluntary arrangements (CVA) to renegotiate their debts with landlords has jumped by almost a quarter in a year, according to research by City law firm Wedlake Bell.
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Axa poaches head of European transactions
September 30th, 2011AXA Real Estate Investment Managers has poached Riccardo Dallolio from Grove Capital Partners to be its head of European transactions.
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Google to join East London tech hub
September 30th, 2011Google has thrown its weight behind the government’s “East London Tech City” by agreeing to take a 25,000 sq ft lease in a seven storey building on Bonhill Street.
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