Commercial

Commercial Real Estate Vacancy Rates Improving, Rents Firming

All of the major commercial real estate sectors are seeing improved fundamentals, but multifamily housing is becoming a landlord's market commanding bigger rent increases, according to the latest results of survey of the National Association of Realtors(NAR).

Sears Holdings will sell 11 stores for needed $770 million

Sears Holdings Corporation & General Growth Properties had reached a definitive agreement for the acquisition of 11 Sears anchor pads with its portfolio for $270 million on Thursday.

Buyer competition in prime Central London much fiercer

Sustained domestic and overseas demand for property in prime Central London has caused a further 25% drop in stock levels at the start of this year, reports property consultants Cluttons.