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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Here’s another Investment Opportunity

The earlier fringe-city Investment Property has been snapped up.

However, our Sales team at GrayJohnson have just listed a compact CBD Office Investment. And I’ve asked if my clients could have “first look” at it — before embarking on any formal advertising campaign.
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The Retail Dilemma

You would have been reading the reports lately about improved consumer sentiment; and retail sales certainly do seem to be on the improve.

But as you look around Australia; there has also been an incredible amount of new retail space come onto the market.
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Interested in a City-Fringe Investment?

Late last week, I was given advance notice of a soon-to-be-finalised tenancy, on a 4-year lease — for a brand-new commercial building.

You’re looking at $644,000 as an asking price. However, I’m sure we can do a bit better than that.

So, if you think this would fit within your portfolio … “let me know”:mailto:[email protected], and I can then provide you with some more details.

Feedback on the Office of the Future

When I made mention of the revolving building planned for Dubai, a couple of people came back to me with some fascinating material.

If you’re interested you can “take a look”:http://commercialpropertymadeeasy.com/assets/2007/4/24/DubaiProjects.pps at what’s really going on over there.

Your Office of the Future

Imagine a building that makes oxygen … distils water … produces energy … and changes with the seasons. It’s all possible with the technology we now possess. Yet, in some cases, going “Green” it is simply too cost prohibitive.

However, in Dubai, they now have plans for a completely-revolving, 30-storey Tower — designed by Glen Hawells. And you’ll find that stored solar energy will power the revolving motion.
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Australia’s Skills Shortage — Relief in Sight

You would have seen a fair amount of publicity about there being a looming skills shortage. And with the Construction industry, it still remains a dominant concern.

However, a recent survey conducted by Davis Langdon suggests there is a “glimmer of hope, with varying degrees of easing recorded across all trades.”
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Commercial Property Sales for 2006

As you have probably gathered, the demand for Commercial Property last year was strong.

In a recent article in the Financial Review, a report by CB Richard Ellis calculated that a record of $14 billion worth of Office, Retail, Industrial and Hotel property changed hands in Australia in 2006.

The accompanying table will give you a comparative summary of sales activity over the past 10 years.
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The G+L December eBulletin

By now you are probably winding down, and getting ready for a well-earned Christmas break.

As you’re aware, the purpose of the postings on this site is to give you quick updates on events affecting you as a Commercial property investor.

However, our regular eBulletins are still designed to give you a more in-depth analysis of Market trends — but on a quarterly basis.

The current eBulletin takes a look at where you are in the Property Cycle; and what it is you need to consider.

You can now go to our main website for the complete picture.

“Will there be another Crash?”:http://www.gal.com.au/FREE-eBulletins/Current-eBulletins/Thinking-Ahead-3.html

“If there is to be a Crash … When?”:http://www.gal.com.au/FREE-eBulletins/Current-eBulletins/Thinking-Ahead-3.html#when

“How widespread will the Crash be?”:http://www.gal.com.au/FREE-eBulletins/Current-eBulletins/Thinking-Ahead-3.html#spread