(AFX UK Focus) 2009-01-05 00:30 China banks begin offering reduced mortgage rates - Xinhua
BEIJING (XFN-ASIA) - China's major commercial banks are beginning to offer mortgage rates for eligible borrowers at 70 pct of the benchmark rate from 80 pct, in accordance with a central bank ruling late last year, the official Xinhua news agency reported.
Read more News Source - Interactive Investor
Publish date - 00:59:53 01/05/09

---

Credit crunch's impact worrisome as record commercial loans come due
A record amount of commercial real estate loans coming due in Texas and nationwide the next three years are at risk of not being renewed or refinanced, which could have dire consequences, industry leaders warn.
Read more News Source - Dallas Morning News
Publish date - 04:50:39 01/06/09

---

Commercial properties face bursting bubble
WASHINGTON, Jan. 5 (UPI) -- Rising vacancy rates in U.S. office buildings are pointing to a possibility that a commercial real estate bubble could burst, industry observes said.
Read more News Source - UPI
Publish date - 14:04:20 01/05/09

---

Commercial real estate prognosis
If 2009 is no worse than 2008, those who own and lease commercial real estate will be relieved.
Read more News Source - BizJournals
Publish date - 07:37:49 01/05/09

---

Commercial properties face bursting bubble
Rising vacancy rates in U.S. office buildings are pointing to a possibility that a commercial real estate bubble could burst, industry observes said.Vacancy rates have reached 10 percent and are rising quickly in major U.S. cities, The New York Times reported Monday.The Real Estate Roundtable, a lobbying group in Washington, has asked Treasury Secretary Henry Paulson Jr. to include commercial ...
Read more News Source - Moldova.org
Publish date - 14:52:13 01/05/09

---

Commercial real estate's 2008 ride was bumpy
After a year of "examining," the local market is projected to take a hit from the slow economy in 2009. The region's commercial real estate market had some ups and downs in 2008.
Read more News Source - Daily Press
Publish date - 08:34:41 01/06/09

---

Grubb & Ellis Predicts a Challenging 2009 for Commercial Real Estate as Economy Weathers Recession
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.
Read more News Source - PR Newswire via Yahoo! Finance
Publish date - 14:03:18 01/05/09

---

U.S. commercial property in a downward spiral
With job cuts rampant and businesses retrenching, more empty office space is expected from New York to Chicago to Los Angeles in the coming year.
Read more News Source - International Herald Tribune
Publish date - 04:10:05 01/05/09

---

Commercial real estate woes threaten banks
Vacancy rates in office buildings exceed 10 percent in virtually every major city in the country and are rising rapidly, a sign of economic distress that could lead to yet another wave of problems for troubled lenders.
Read more News Source - The Santa Rosa Press Democrat
Publish date - 13:15:12 01/05/09

---

UPI NewsTrack Business
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.
Read more News Source - UPI
Publish date - 16:34:21 01/05/09

---