International Property Investment » investing in commercial real estate property

Commercial Property Bust – Yay or Nay?

Mark Knowles — Thu, 05 Feb 2009 10:52:50 +0000

An economics professor at the University of Chicago, Casey Mulligan, has just predicted that it is unlikley there will be a commercial property crisis, based on the fact that there was very little over-building in commercial real estate during the boom years.

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British Property Prices continue to decline and Aviva Freezes withdrawals from Fund

Mark Knowles — Tue, 27 Jan 2009 14:11:57 +0000

Norwich Union, who recently changed their name to “Aviva,” have put a freeze on investor withdrawals from their “Norwich Union Unit-Linked property fund.” The excuse they have given is that they do not have any money and want to liquidate some of their assets by selling some of the property into what has to be the worst commercial property market in the last twenty years. Good luck getting your money back if you “invested.” any money in this one.

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Singapore 2008 outlook

Mark Knowles — Mon, 03 Mar 2008 12:21:52 +0000

Singapore, like many property markets around the world , saw a very lackluster performance in the later part of 2007. Colliers International, Singapore has just released a report on the state of the Singaporean property market. This is a quote from the report:

Residential Investment Property Loans – Crunching Numbers

Mark Knowles — Fri, 23 Nov 2007 00:45:41 +0000

If you’re ready to invest in residential investment property, you are about to set off on a juicy, long-term investment that will bring you big bucks in the years to come – if you manage your money wisely. The first step on your way is to get an investment property loan.

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USA Commercial Property more robust than Residential ?

Mark Knowles — Thu, 08 Nov 2007 17:26:45 +0000

Philadelphia Premium Outlets, a $115 million retail complex, opened today in Limerick. Its 120 stores include a Neiman Marcus Last Call, the department store’s clearance business. A second phase of the outlet center now under construction will add 30 stores and 120,000 square feet to the 425,000 square feet in the first phase. The center’s developer is Chelsea Property Group, a unit of Simon Property Group Inc., Indianapolis. Simon Property Group, Inc. is an S&P 500 company and the largest public U.S. real estate company. Simon is a fully integrated real estate company which operates from five retail real estate platforms: regional malls, Premium Outlet Centers(R), The Mills(R), community/lifestyle centers and international properties. It currently owns or has an interest in 379 properties comprising 258 million square feet of gross leasable area in North America, Europe and Asia. The Company is headquartered in Indianapolis, Indiana and employs more than 5,000 people worldwide. Simon Property Group, Inc. is publicly traded on the NYSE under the symbol SPG. For further information, visit the Company’s website at www.simon.com.

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Real Estate Investors You Need To Know Your Neighborhoods

Mark Knowles — Sat, 03 Nov 2007 08:46:05 +0000

It Is True What They Say: Location, Location, Location! It is such a trite old statement; But there is a reason why sayings get old and trite. They are true!

As a new real estate investor beginning your investment career you will have dozens of decisions to make and we will be there to help you make the right ones and, while it might cost money, it might cost time; you can correct most of your missteps.

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Globalization and the Real Estate Industry: Issues, Implications, Opportunities

Mark Knowles — Tue, 30 Oct 2007 17:06:42 +0000

Real estate has historically been viewed as a local phenomenon. Builders and investors for decades prided themselves in their ability to find the best “location, location, location” based on their local knowledge. It is among the least “tradable” of products, in the sense of being physically unmovable, even though it can be bought and sold both domestically and internationally. This combination of local knowledge and predominantly local tradeability was the primary reason why discussions of globalization in the 1990s and earlier, overlooked the real estate industry as a possible participant in the ongoing phenomenon of increasing global economic integration. Although an occasional headline would be grabbed by a foreign purchase of a local landmark (New York’s Rockefeller Center, Arco Plaza in Los Angeles, and even the Pebble Beach resort), the business itself remained largely local, with US firms dominating in US markets, and foreign firms in foreign markets.

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Nick Manning to be evicted

Mark Knowles — Thu, 25 Oct 2007 14:29:09 +0000

Nick manning, adult performer and part owner of “L A Exotique” is facing eviction from his new lingerie store, despite the fact that the rent is fully paid up. The shop — which is owned by Manning, Michelle McLaren, Rachel Roxxx, Sarah Jesse, Mikey Butders, Justin Syder and Dean Sussman, Manning’s longtime adult distribution partner — opened just three weeks ago in Encino. Manning told XBIZ that he is being sued for eviction by his landlord, Ventura-Louise Partners, and has 20 days left of the given 45 until his store is closed up. He did not specify further on what grounds he is being evicted.