Commercial Property

Cambodia to build South East Asia’s tallest tower

OJFall Property Report 02.09.2010

Cambodia has announced plans to build South East Asia’s tallest skyscraper. The announcement made by Prime Minister Hun Sen, made this week, revealed that the master plan for the 1,820 ft, 555 m building, located about one kilometre from the Royal Palace has been approved.

Commercial Real Estate Yields Spur Investors Prudential Northeast Properties 02.09.2010	Simon Property Group acquires outlet shopping center business of Prime Outlets Trading Market 02.09.2010
Yields on U.S. commercial real estate are nearing a record high compared to Treasury bonds. Many investors take that as a signal to buy property.	Simon Property Group, Inc., a real estate investment trust, has acquired outlet shopping center business of Prime Outlets Acquisition Company and certain of its affiliated entities. Both the companies are based in the US.
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Commercial Real Estate Loan Prices Rise in July PRNewswire 01.09.2010	Park Ventures set for September 2011 opening Kanchana Paha Property Report 01.09.2010
The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralize CMBS increased to 79.4% as of July 30, 2010, up from 77.4% as of June 30, 2010. Loan values were 71.1% as of July 31, 2009.	Thailand listed property developer Univentures will open its first commercial building project – Park Ventures – by September of next year.
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Storage facilities become hot properties DAVID ROEDER The Sun Times 01.09.2010	Phnom Penh skyscrapers arise OJFall Property Report 30.08.2010
It has been reported that investors are buying office buildings that promise reliable rental streams. The same can be said for a property type that doesn't always get much respect -- self-storage units.	Phnom Penh Tower, a US$60 million 22 storey ‘skyscraper’ billed as Cambodia’s first intelligent office building is set to top-off September 2, this week.
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What Commercial Landlords and Chamillionaire Have in Common Nick Timiraos The Wall Street Journal 26.08.2010	London (West End) World's Most Expensive Office Market; Hong Kong (CBD) Now Ranks Second CB Richard Ellis Group, Inc. 05.05.2010
Commercial property owners, including Macerich Co., Vornado and Simon Property Group now have something in common with rapper Chamillionaire: They’re all walking away from debts on their property.	London's West End remains the world's most expensive office market, according to CB Richard Ellis Group, Inc. (CBRE) Global Research and Consulting's semi-annual Global Office Rents survey. Hong Kong's Central Business District (CBD) has risen to second place pushing Tokyo's Inner Central to third place. Mumbai is now in fourth position on the list while Moscow remains in fifth in the CBRE rankings, which tracks occupancy costs for prime office space in 176 cities around the globe.
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