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Commercial Property Sales Rose to More Than $220 Billion in U.S. Last Year
Commercial property sales rose 57 percent to more than $220 billion U.S. last year, led by retail properties and garden apartments, Real Capital Analytics Inc. said in a report today.
Dundee REIT and Whiterock REIT Commence Mailing of Offer and Management Information Circular and Related Documents
TORONTO, ONTARIO-- - DUNDEE REIT and WHITEROCK REIT today jointly announced that they have mailed to Whiterock unitholders Dundee REIT's previously announced offer to acquire any and all of Whiterock's ...
Don't rush into REITs
You'd think that investors would be leery of companies that own and manage commercial real estate. Vacancy rates remain elevated in office buildings and shopping centers. Except for apartment buildings, rents really haven't grown at all in four years. And given the possibility that the global economy may retrench yet again, things could still get worse before they get better.
DEDICATED INDUSTRIAL PARK FOR CHINESE INVESTORS PROPOSED
KUALA LUMPUR, Jan 31 (Bernama) -- Officials from China has proposed to the Malaysian Government to establish a dedicated industrial park for investors fromthe world''s second largest economy.Deputy Finance Minister Datuk Donald Lim Siang Chai said China wasMalaysia''s largest trading partner last year, with total trade exceeding US$90billion."Total trade surged by 20 per cent from 2010," he said ...
Eco-industrial park developer near Mount Holly refining its plan
A vision for redeveloping a contaminated industrial site near Mount Holly has become a little more hazy.Gaston County leaders have looked forward to the economic windfalls they might see from the conversion of a former chemical manufacturing site on the Catawba River. The ReVenture Park project...
City office space demand 'rises'
Demand for office space rose sharply in Scotland's two largest cities last year, according to a study.