Property Workshop 2008?

All year, people have been pestering me to know when it will be. Well, the date has now been set for Saturday 1 March.

Again, it will be held within the Melbourne CBD — to make it easy for those flying in from interstate and overseas.

The last full-day Workshop turned out to be far too crowded. So, this one will be limited to only 27 people!

And, therefore, it will be on a first-come-first-served basis!
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Retail Construction Continues

Australia wide, the level of Retail construction was up by some 17% for the 12-month period to June 2007.

In the main, this involved extensions to existing suburban Shopping Centres; plus some new construction in many of the growth corridors.
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East Coast Industrial Forecast

LandMark White Research have recently released their 5-year forecast for Industrial property, along the eastern seaboard.

Here are some of the highlights from their forecast.
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See How Easily You Can Own a City Investment

You can own a 10th floor office Suite for just $235,000.

If you are looking in the $200,000 to $250,00 price range, and want to move away from residential apartments … this could be what your are after.
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Household Debt may actually be “Healthy”!

In an “earlier posting”:http://commercialpropertymadeeasy.com/2007/06/26/family-finances-are-being-stretched/, I raised concern over the dramatic increase in household debt — to the point where it now sits at over 150% of household disposable incomes.

As you can appreciate, the major concern has been as to how rising home-mortgage interest rates might cause a flow-on effect for Commercial investors. And this is because a fall in residential prices could adversely impact upon the security for any line-of-credit you may have against your home.
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Keeping your Eye on Building Costs

Every six months, you’ll find Rider Levett Bucknall publish their “Oceania Construction Cost Commentary”. In this posting, you’ll find an extract from their July 2007 publication — which covers both the Australian and New Zealand markets.
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Retail Property Activity Continues

As the government spending and tax cuts add to consumer demand, you’ll see the Australian economy continue to grow strongly.
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When Your Tenants Leave …

Depending upon what your Lease specifies upon termination, the cost to “make good” the property can vary dramatically. Furthermore, the tenancy fit-out (and original condition) of the property can also impact on that cost.
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Site Contamination Needs to be Addressed

Whenever you acquire a Commercial property, you would normally investigate this as part of your Due Diligence — depending upon the current use made of the property.
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The Resources Boom Distortion

Your latest G+L eBulletin is now available. And you will be astonished at just how much the Resources boom has been impacting upon the Office markets around the country.

How will it affect you?

Interestingly, it is not spread evenly across Australia — so make sure you’re not caught unaware.

Read the full G+L eBulletin — Winter 2007

How Hot is the Market?

Every now and then, I’ll have a client call to check just how the market is traveling relative to the 1980s. And there is no question that it’s strong — but you do need to place it into context.

In the last eBulletin, I tried to give you an overview of where things stood. Recently, the ANZ Bank’s research team put out a report — and an extract from that reads …
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