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CURRENT NEWS AND INFORMATION
THE Cebu City Office of the Building Official (OBO) admitted that some buildings in the city are vulnerable to strong earthquakes. Acting Building Official Josefa Ylanan pointed out that even in Japan, where advance technology is used in construction projects, some buildings are still not stable enough to withstand strong earthquakes.
Landlords are offering free rent and "generous" renovation allowances to lure tenants into empty office buildings in Richmond, where the vacancy rate is three times higher than Metro Vancouver's.
After a sharp growth for about two years, the commercial property market in the country witnessed a slowdown in the last quarter of 2011, as sentiments were hit by tight liquidity and uncertain demand conditions, says a survey.
NEW YORK, Feb. 7, 2012 /PRNewswire/ --Â In an interview in the February 2012 issue of National Real Estate Investor, Sam Zell, chairman of Equity Group Investments, stated that the commercial real estate ...
NEWPORT BEACH, Calif., Feb. 2, 2012 /PRNewswire/ --Â Griffin-American Healthcare REIT II (formerly known as Grubb & Ellis Healthcare REIT II) announced today that it has acquired three medical office buildings ...
NEW YORK (TheStreet) -- Avoid multifamily REITs in 2012, Bank of Montreal recommends. As the housing market looks poised to recover, with many expecting home prices to bounce off the bottom this year, BMO analyst Richard Anderson says multifamily REITs have a tough valuation to maintain. ... Click to view a price quote on MAA . Click to research the Real Estate industry.
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