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Tower REIT revalues 3 properties (Business Times (Malaysia))
TOWER Real Estate Investment Trust has revalued three properties under its stable namely Menara HLA, HP Towers and Menara ING. The revaluation exercise conducted by GLM REIT Management Sdn Bhd, manager of Tower REIT, was to ascertain the current market values of the three buildings.
More empty office space bodes poorly for banks (Pioneer Press)
Vacancy rates in office buildings exceed 10 percent in virtually every major city in the country and are rising rapidly, a sign of economic distress that could lead to yet another wave of problems for troubled lenders.
Rising vacancies in office buildings may imperil lenders (Dallas Morning News)
Vacancy rates in office buildings exceed 10 percent in virtually every major U.S. city and are rising rapidly, a sign of economic distress that could lead to yet another wave of problems for troubled lenders.
Office Demand Is Down, and So Are the Deals (New York Times)
By most accounts, the commercial property market reached its pinnacle in early 2007 with the Blackstone Group ’s acquisition of Equity Office Properties Trust and its prized cache of more than 500 office buildings.
EuroMetropola: Office buildings – an advantageous investment (Nine O'Clock)
In the real estate market, the acquisition of office buildings and mixed projects, meaning offices and shopping spaces, are the safest long term investments, according to the consultants from “EuroMetropola” cited by Agerpres.