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

Wilcon Depot now offers BPO space
With demand for office space projected to remain strong over the medium term, investors have become more resourceful in identifying and constructing office space in strategic Metro Manila locations to appeal to BPOs. Business process outsourcing (BPO) companies, who have been buoying the office market for the past decade, continue to lease hundreds of thousands of square meters of office space ...

Real estate transactions
Tarantino Properties will continue to handle leasing and management of the building while the new owner renovates the property. Griffin Capital Corp. announced the purchase of two recently completed office buildings in the Park 10 Regional Business Center in the Energy Corridor. The buildings are fully leased to Wood Group Mustang as part of the company's longtime headquarters campus. Peter ...

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

Big winners emerge when commercial property values fall
The consultant, Pearson's, recently reduced that value to $100.1 million – a reduction that will save the company about $870,000 a year in property taxes.

Fitch: U.S. Equity REITs Continue Proactive Liquidity Management
U.S. equity REITs have been active thus far in 2015 in both the credit and equity markets, according to Fitch Ratings' latest REIT Liquidity Update. This has enabled liquidity mana

Why your rent will rise again this year
The average U.S. rent has climbed 14 percent to $1,124 since 2010, according to commercial property tracker Reis Inc. That's four percentage points faster than inflation, and more than double the rise in U.S. home prices over the same period. "The only relief in sight is rents in the hottest markets are going to go up at a slower pace, but they're still going to go up," says Hessam Nadji, chief ...

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. Other companies have declared themselves to be real estate investment trusts, or REITs, which the Internal Revenue Service doesn’t treat as corporations. Just this year, Equinix Inc., a California company that operates ...