Insider Tips to Help You Discover How to Succeed with Commercial Property
THE RBA Board’s big 0.5% cut in the cash rate surprised many people. While others were wondering … what took them so long?
You could certainly be forgiven for thinking that the trigger for this latest cut lay in the underlying inflation (at 2.2% pa) now being “under control”.
And also, that the RBA was seeking to lower the Australian dollar to assist manufacturers and exporters. [Read more…]
CONTRARY TO THE VIEW of many pundits, it’s certainly not all gloom and doom out there.
The share market may well have been moving sideways within a 4000 to 5000 band, since 2009.
Plus, the two-speed economy only seems to be benefiting the miners and those within the service industries. And unfortunately, increased savings levels are frustrating the retailers no end.
However, my view remains that Australians are now poised ready to come off the bottom of the “Emotional Cycle” — armed with a level of savings seldom seen in previous upturns. [Read more…]
LAST WEEK, we explored just how the misuse of statistics by some commentators was distorting of the truth about Australia’s economic well-being, on a state-by-state basis.
So it is with several other indicators, as David Bassanese pointed out in a recent article (AFR: 22 March, page 36).
Many commentators are pushing for interest rates reductions, because the “economy is soft”. And they list … [Read more…]
THIS RATHER pressing issue appears to be receiving little or no coverage at all.
But if you listen to the insolvency firms, Western Australia is about to become the “hot spot” for distressed property.
And as you can see from the chart, Queensland well and truly holds the the crown at the moment. [Read more…]
RIGHT NOW, the Sydney suburban market is trending sideways. And that’s rather good news, because the general consensus was it was about to slump.
While its vacancy rate sits at 9.6%, there is little new space coming onto the market over the next couple of years. [Read more…]
LAST TUESDAY, you gained some insights into the changing Retail scene, for Commercial property around Australia.
According to some recent research by JLL & CBRE (BusinessDay: 29 Feb 2012), these trends are clearly starting to emerge within the Melbourne CBD.
The current vacancy rate is hovering at around 1%. And in part, this is due to the Growing number of people living and working within central Melbourne.
However, part of the reason behind this also lies in the recent entry into the market of several major overseas retailers. [Read more…]
IN CASE you missed the lead story in last Friday’s Financial Review … the Treasury secretary (Martin Parkinson) was outspokenly critical of the government’s recent handouts to the car industry.
And more particularly, given the recent strong growth in the unemployment figures.
In his view, taxpayers ought not be subsidising so-called “strategic industries” — when these represent inevitable structural changes, which need to occur in order to make Australia more productive in the long-term. [Read more…]
EVERY capital city has both a CBD and suburban Office market. And as you can appreciate, keeping tabs on all the various suburban markets is almost an impossible task for most investors.
But generally speaking, the health (or otherwise) of the CBD Office markets within each capital city will provide you with a fairly good gauge of the overall Office scene around Australia.
Accordingly, this graph will provide you with a clear picture of what has occurred over the past 4 years.
As a rule of thumb, Office markets are said to the “in balance”, when their Vacancy Rate lies between 5% and 7%. [Read more…]
WILL COMMERCIAL property investors and businesses be starved of ready funds during 2012?
The banks seemed to be protesting about the increased cost of offshore borrowing. And using that as their excuse for not wanting to pass on any future RBA rate reductions in full.
But are they really telling you the whole truth? [Read more…]
ALL YOU need is a sprinkling of confidence … with an understanding that things are not as bad as you read in many newspapers.
For some time now, I have been trying to explain how the underlying fundamentals for Australia’s economy and Commercial property are strong.
And a recent AFR headline Recruitment boom bucks the trend (9 Dec 2011, page 41) now confirms that our major law firms are “in the midst of a hiring spree”.
However, if you still need some more convincing of Australia’s well-being, just take a look at these two graphs. [Read more…]
LAST week, The Australian newspaper invited three Commercial property experts to respond to the following question:
If China’s growth story begins to peter out, what will be the impact on Australia’s commercial property market?
Those experts included … Greg Marr (MD of DTZ), Tony Crabb (Research Head of Savills), together with me (as CEO of Properly Edge Australia).
And you can read all three responses, which appeared in Saturday’s Weekend Australian [Commercial Property 3]. What I’ve included here below is my contribution to that analysis … [Read more…]
WITH EVERY NEGOTIATION, you always need to be thinking on your feet. And here are several simple Tips to help you do just that.
WHEN YOU EMBARK on your journey as a property investor, it can be overwhelming – with a flood of information and diverse opinions. To help simplify the process, here are five essential tips for new (and seasoned) investors.
IT DOES NOT MATTER whether you’re an investor or an owner-occupier, there are several important factors to consider when purchasing a commercial property to ensure you make the right choice.
In a previous article, I shared a handy App to assist you in shortlisting potential properties. If you haven’t already downloaded it, simply click on the HiReturn Filter over on the right, to install it on your tablet or mobile device.
THERE IS A BELIEF among many experts that a surge in the stock market typically precedes a recovery in the commercial property market by about six months. And the start of this year saw equity markets gaining some momentum.
I HAVE BEEN ASKED countless times about the secrets to a successful negotiation. And I want to share with you the key elements to help make your negotiations effective.
But first, just watch this short video to gain a quick understanding of these three essential elements that form the foundation of every negotiation.
If you’re new to investing, you might be wondering if it’s possible to manage your own commercial property. The short answer is “yes”, but only if you know what you’re doing.
It’s important to note that owning a commercial property comes with certain legal responsibilities, particularly when it comes to compliance with Essential Services requirements under current Building Regulations.
The current trends in the business have made it clear that office landlords have to cater to the needs and preferences of their tenants. Building owners and managers (who understand and meet these demands) will be able to command higher rents and reduce vacancy rates.
To expand on this, here are four key tips to help attract quality tenants.
