(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 ...

Dick Hogan - Commercial Property (The News-Press)
- Larry and Lorinda Close purchased a 1,584-square-foot commercial building on 0.62 acre at 19059 S. Tamiami Trail, Fort Myers, for $410,000. Michael Frye, CCIM, and Steve Spinosa of the Frye Commercial Group at RE/MAX Realty Group Commercial Division, negotiated the transaction.

Commercial parking lots approved for South Beach residential areas in Fort Pierce (Fort Pierce Tribune)
The City Commission gave final approval Monday night to allowing commercial parking lots to be built in certain residential areas on South Beach, despite objections from some residents.

Hot Properties for Jan. 5 (Charleston Regional Business Journal)
Each Monday, Hot Properties highlights recently sold or leased properties in the Charleston region. Submissions should be sent to dailyjournal@charlestonbusiness.com .

Commercial real estate prognosis (BizJournals)
If 2009 is no worse than 2008, those who own and lease commercial real estate will be relieved.

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.