Grubb & Ellis Predicts a Challenging 2009 for Commercial Real Estate as Economy Weathers Recession (PR Newswire via Yahoo! Finance)
Grubb & Ellis Company , a leading real estate services and investment firm, today released its 2009 Global Real Estate Forecast, which indicates that 2009 will be a challenging year for commercial real estate with the economy starting the year 13 months into what may become the longest recession since the 1930s.

(AFX UK Focus) 2009-01-06 03:55 UPDATE 1-Chinese banks' mortgage books in good shape-c.bank (Interactive Investor)
BEIJING, Jan 6 (Reuters) - Delinquency rates on Chinese banks' property loans remain low, especially for residential mortgages, in spite of a downturn in the real estate market, a central bank official said on Tuesday. Banks had extended 2.95 trillion yuan ($432 billion) in home loans by the end of November, up 10.6 percent from a year earlier and accounting for about 10 percent of their local ...

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.

Commercial properties face bursting bubble (Moldova.org)
Rising vacancy rates in U.S. office buildings are pointing to a possibility that a commercial real estate bubble could burst, industry observes said.Vacancy rates have reached 10 percent and are rising quickly in major U.S. cities, The New York Times reported Monday.The Real Estate Roundtable, a lobbying group in Washington, has asked Treasury Secretary Henry Paulson Jr. to include commercial ...

Commercial real estate in for tough 2009 (San Jose Mercury News)
In the commercial real estate market, the balance of power between landlords and tenants will shift dramatically in 2009.

A tenant market's meltdown (Channel NewsAsia)
SINGAPORE - Tenants for office space are beginning to enjoy more bargaining power as increased supply for such commercial property and a weakening economy drive rents lower.