Sell versus lease stalls DeSoto Police Jury land deals (The Shreveport Times)
Police jurors had agreed to sell land at the west industrial park for $6,000 an acre. The verbal agreements were moving forward until District Attorney Don Burkett advised the Police Jury in December that it must first get an appraisal, advertise the land for sale and have a public hearing to allow comments.

REAL ESTATE (Business Standard India)
The recession has thrown open the gates for a new real estate service – serviced office space providers. These firms offer ready-to-use office space, which can be used from day one. Companies seeking office space need not bind themselves to long term leases or invest in office infrastructure.

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.

Industrial rents drop in fourth quarter (Las Vegas Business Press)
Las Vegas Valley industrial rents began a downward slide during the summer that continued into the fourth quarter, Grubb & Ellis Las Vegas reports. Property owners have tried aggressively to attract new tenants with free rent and upgraded finishes.

Ask The Fool (Tulsa World)
When I buy stock, what am I buying? I see that the company gets its money when the stock is first issued. But after that, how does the company benefit when I buy a share on the open market?

UPI NewsTrack Business (UPI)
U.S. markets lower Monday ... In global crisis, money stays home ... Swedes may help resolve Ukraine's gas bill ... Commercial properties face bursting bubble ... News from United Press International.

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.