Ireland and UK had worst global commercial property returns in 2008; Boston’s John Hancock Tower price plunges 50% in less than 3 years
Apr 1st, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Ireland and the UK had the worst global commercial property returns in 2008 and the current state of the US commercial market was highlighted on Tuesday, when Boston’s John Hancock Tower, New England’s tallest skyscraper, was sold at auction, at a 50% plunge in its purchase price, compared with less than 3 years ago.