Welcome to the September 2008 edition of Commercial Review
| Each month we aim to deliver to you the most relevant and up-to-date information to help you make informed decisions about Commercial property. |
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Jones Lang LaSalle's latest research reviews the commercial standing of Queensland, South Australia, Victoria, Western Australia and New South Wales.>More | |
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The collapse of global investment bank Lehman Brothers has put the future of local unlisted fund, the $202 million Reed Property Trust, in doubt. Lehman is the second largest shareholder in the Reed Property Group, holding a 40 per cent stake in the parent entity of the trust.>More | |
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The industrial property market in the Asia Pacific region has remained relatively strong whilst the other global markets are feeling the effects of a slowdown, according to Colliers International’s Midyear 2008 Global Industrial report.>More | |
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Shopping mall owner Centro Properties said today a $US714 million sales agreement for its Centro America Fund has been terminated. But Centro also said it remained in talks with the potential purchaser.>More | |
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Adelaide industrial land values have jumped by as much as 42 per cent in the year to June, despite the impact of the credit crunch, according to CB Richard Ellis.>More | |
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CB Richard Ellis has successfully sold 15 National Bank properties during two auctions held in both Auckland and Christchurch earlier this week. The total portfolio fetched approximately $31 million, with a portfolio yield recorded at an average of 6.58 per cent.>More | |
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A High Court ruling has blown the whistle on Auckland City Council overcharging development contributions on new subdivisions. The ruling relates to Auckland City Council using development contributions as a so-called "top-up", after first having charged a financial contribution on the same development. Â >More | |
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