Ambrose Property Group Acquires Ascent Commerce Center

Recent commercial real estate transactions include Ambrose Property Group's $61 million acquisition of the Ascent Commerce Center in Commerce City, which houses major tenants like McKesson and La-Z-Boy. In Denver, Risicia restaurant has leased a space for a 10-year term, set to open next summer. Meanwhile, Malaysia's Budget 2025 prioritizes education and health sectors, while the property sector sees limited benefits, although first-time home buyers will gain tax relief on housing loans. In London, Brookfield is marketing Citypoint for over £500 million amidst a downturn in industrial real estate, with prices down approximately 20% since 2022. Land rental rates in the Upper Midwest face challenges due to fluctuating grain prices, and analysts predict stability or slight declines for 2025. In New Zealand, despite perceptions of high property costs, affordable housing options remain available under $500k, suggesting a nuanced market.