In last week’s article, you read a general overview of the Retail sector … and some of the issues currently confronting traders.
Let’s now take a quick look at three of the capital cities. [Read more…]
Making Sense of
The Mining Boom
31 May, 2011 by Leave a Comment
Size-wise, as a proportion of Australia’s economy … Manufacturing and Mining contribute more or less the same output.
However, Mining’s investment spend is currently more than three times that being spent by the Manufacturing sector.
All the media attention has mainly been focused upon this disparity. But that doesn’t really tell you the complete story — as you can see from the first of these graphs. [Read more…]
Building Your Team of
Trusted Expert Consultants
18 May, 2011 by Leave a Comment
AS YOU know, Property Edge Australia is there to help you in identifying and negotiating the actual purchase of your next Commercial property.
However, you still require certain other key consultants, in order to make every deal really work for you.
And those consultants need to be thoroughly trustworthy.
As you can appreciate, I have had the opportunity to work with a quite number of consultants, over the past 40 years. And I’ve quietly put together a close team of those ones, who have really gone out of their way to look after my Clients’ best interests.
Over the next week or so, I will reveal to you who these Consultants actually are — in the vital areas of:
- Covering the Legal Issues;
- Financing the Deal; and
- Claiming your Full Tax Benefits.
Anyway, let’s make a start on the first one today. [Read more…]
Commercial Sales Gain Momentum
30 March, 2011 by Leave a Comment
Around Australia, Commercial clearance rates at auction are now about on par with Residential property — averaging at around 50%.
Victoria seems to be leading the way, with Commercial clearance rates for some types of property approaching 70%.
New South Wales is running about six months behind at? around 60%, with firming yields. And Queensland is probably a further 12 to 18 months away in its recovery. [Read more…]
More Good News for
Industrial Property
9 March, 2011 by Leave a Comment
The Industrial sector was probably the one most harshly affected by the global financial crisis.
Nobody wanted to expand — being prepared to operate in cramped premises, until a clear picture of economic growth emerged.
However, there has been a growing and now, strong tenant demand reported within the main east-coast cities. [Read more…]
CBD Offices in Demand
19 January, 2011 by Leave a Comment
Within CBDs around Australia, the number of whole Office floors available to tenants is falling rapidly.
In the last post, you heard about the general decline in Office vacancy is within the capital cities.
But here, you’re looking at a situation where large corporate tenants will find it increasingly difficult to secure whole floors within quality buildings — according to Savills Research.
While Sydney still has a greater number of full floors available, these should quickly be taken up with increased activity from the finance and insurance sectors.
Bottom Line: This will put upwards pressure on Office rentals around Australia; and underpin good growth prospects for Commercial landlords, over the next 3 to 4 years.
CBD Offices Can Expect Solid Growth
13 January, 2011 by Leave a Comment
What a difference a year can make to Office markets around Australia.
Twelve months ago, the rest of the world was anticipating double-dip recession.
And white-collar employment was looking rather fragile here in Australia — particularly for Sydney, with its high exposure to the finance industry.
Even so, Melbourne’s office leasing market remained strong throughout all of last year.
[Read more…]
“Capture Your Firm’s Full Value”
28 July, 2010 by Leave a Comment
Last week, we talked about what you could be missing out on … when you find the need to move.
Whenever you decide to relocate to new Headquarters, what are the key things you are seeking to achieve? [Read more…]
CBD Offices on the Move
17 March, 2010 by Leave a Comment
Westpac has just released an Australia-wide outlook for Commercial property. And it predicts you will start to see growth in rents and values during 2010-11.
Two Cities
[Read more…]
What about the Baby-Boomer Effect?
2 February, 2010 by Leave a Comment
Yesterday, the Federal government released Australia’s third Inter-generational Report.
And about five years ago, I came out with a somewhat startling statement:
“If you haven’t sold your traditional family home by 2010-11 … you had better be prepared to hold it until 2025 — because there simply won’t be a market for it!”
Chatswood … Sydney
And given the recent surge in home sales (particularly in Sydney and Melbourne) over the past 6 months … you would be excused for thinking my prediction might be way off the mark. [Read more…]
A Strong Finish to 2009
5 January, 2010 by Leave a Comment
By early December 2009, sales of Commercial property in Melbourne’s CBD had almost reached $1 billion — according to a report prepared by Jones Lang LaSalle.
Apparently, Melbourne office sales (for buildings over $10 million) totalled around $998 million — while in Sydney, it had reached $444 million.
Sales may well have topped the $1 billion mark by the end of December, because this strong activity resulted from private investors — particularly, in the region of $50 million.
And following another recent survey, more than half of Colliers’ client said they were expecting to see further growth in 2010.
In the suburbs, strata Office demand remained strong — with smaller owner-occupiers seeking Offices close to shops and main arterial roads.
