Facility For Sale

Construction of multi-tenant office building set for mid-April in American Center
The 35,440-square-foot building will be the final piece of St. John Properties' Madison East Business Center. 

Fire damages office buildings at Redhill Aerodrome
The fire broke out at an office building at the site before spreading to the cafeteria with both suffering 50% damage

D4 block with redevelopment potential for €10.5m
Mespil Road site of 0.22 hectares could accommodate redeveloped block of 4,114sq m

Singapore’s retail REITs posted average price gains of 7% YTD
There are eight Retail Real Estate Investment Trusts listed on Singapore Exchange (SGX), with a combined market capitalisation of S$22.3 billion. According to SGX, these eight Retail REITs generated an average 6.6% price gain in the year thus far and 16.2% over the last 12 months. The five best performers year-to-date were Mapletree Commercial Trust, CapitaMall Trust, Fortune REIT, Frasers ...

Exeter 1031 Exchange Services, LLC, CEO William Exeter is a Featured Speaker at Southern California Income Property ...
First-time investors, owners, and managers of rental properties and commercial real estate are invited to learn about financing incentives, products and investing strategies from leading area experts on March 24 at the 3rd Annual Income Property Management Expo in Pasadena. The free event is from 9 a.m. - 4 p.m. (PRWeb March 19, 2015) Read the full story at http://www.prweb.com/releases/2015/03 ...

First REIT's net property income up 9.3% to $24m in Q1
First REIT reported that its net property income grew 9.3% year-on-year to $24.2m in the first quarter, on back of maiden contributions from its new hospital in Indonesia. First REIT's good results were supported by maiden contributions from the newly-acquired Siloam Sriwijaya in Indonesia, as well as step-up rental income from its existing properties.

Teachers union gets free office space from broke Philly school district
While local students are forced to go without basic supplies like toilet paper and textbooks, the School District of Philadelphia is giving away hundreds of thousands of dollars of free office space each year to the local teachers union.

Ten percent of S&P 500 companies avoid paying U.S. taxes
Fueled by a wave of inversions, a record 54 companies in the Standard & Poor’s 500 Index of leading U.S. firms are now at least partially exempt from the corporate income tax. The biggest factor is the recent wave of companies, such as Medtronic Plc and Mylan NV, that have completed what’s known as an inversion, in which they move their tax address overseas. Other companies have declared ...