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CURRENT NEWS AND INFORMATION
Half-empty federal office buildings are costing taxpayers $11.5 million a year to maintain.
KUALA LUMPUR, May 21 (Bernama) -- Investors from Hong Kong, Singapore, Malaysia and China are turning to the Australian commercial property market to combat lower local interest rate returns and the threat of continued global economic instability, says new property portal, CommercialAsia.com.
REITs are on the rise again. They’ve raised billions of capital in the past few years, and many are seeing strong returns. In fact, NAREIT reports that the total return of the US REIT market outpaced the broader equity market in the past year.
With the promise for continued recovery, retail REITs are seeing signs of overall outperformance.
Moving the renewal of the Fort Washington Office Park to the next level and a failed attempt to negotiate a new contract with the township’s public works employees were the main topics at the Upper Dublin Board of Commissioners meeting May 8.
SINGAPORE: CapitaMalls Asia and Suzhou Industrial Park Jinji Lake Urban Development Co., (SIPJUD) have broken ground for the largest shopping mall in East China.
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