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commercial real estate
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NEWS AND INFORMATION

Commercial property now less risky: RBNZ
New Zealand's commercial property sector is expanding against after the GFC but it only accounts for nine per cent of bank lending, says the Reserve Bank.

PRESS RELEASE: DEMIRE Deutsche Mittelstand Real Estate AG secures a further commercial property in Schwerin

Keppel REIT's net property income down 12% to $34.6m in Q1
Keppel REIT reported that its net property income declined 12% on a year-on-year basis to $34.6m in the first quarter. The decline was mainly due to the expiry of rental support from its 87.5% interest in Ocean Financial Centre in January 2015, the absence of income contribution from Prudential Tower and the absence of rental support from Marina Bay Financial Centre Phase One. Keppel REIT's ...

US office space rent rises at fastest clip in a decade: report
Stepped-up business hiring pushed the rental price of U.S. office space up 3.1 percent in the first quarter, the highest quarterly gain in a decade, as demand for commercial real estate accelerated, according to Jones Lang LaSalle Inc .

Ostrowski Insurance Agency Now Offering Complimentary Consultations
Ostrowski Insurance Agency, occupying an office space in Century Office Park office building, has now added a new offer for complimentary consultations. (PRWeb April 09, 2015) Read the full story at http://www.prweb.com/releases/auto_insurance_Minnesota/commercial_real_estate/prweb12627644.htm

Walmart Sold at Record Cap Rate
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D4 block with redevelopment potential for €10.5m
Mespil Road site of 0.22 hectares could accommodate redeveloped block of 4,114sq m

Paterson business group holding seminar on commercial tax appeals
As the city’s businesses grapple with the impact of their proposed new property assessments, the Greater Paterson Chamber of Commerce is hosting a seminar on commercial tax appeals next week.

Ethiopia: House Passes the First Industrial Park Bill for the Country
[Addis Fortune] The Bill was drafted by EIC with government and private sector stakeholder inputs

SPH REIT's net property income up 3.7% to $40.3m in Q2
SPH REIT reported that its net property income grew 3.7% year-on-year to $40.3m in the second quarter, on back of higher rental income in both Paragon and The Clementi Mall. The REIT manager reported that while Paragon achieved rental uplift of 11.6% for new or renewed leases in the first half of the year, The Clementi Mall recorded a negative rental reversion of 8.8% on 2.0% of total net ...