Archives for April 2009

Positive Signs Continue in China

China's Recovery

China's Recovery


Despite what the IMF has to say this morning … the World Bank expects China’s economy to start growing by mid-year, as a result of its massive stimulus package (some $A800 billion).

Overall growth for China has become more certain, as activity moves from state-funded projects into housing and improved consumption.
[Read more…]

Private Investors Vs the Institutional Buyers

Private Investors continue to dominate the Melbourne Commercial Office market.

Right now, sales around $20 million are slow; and over $40 million are few and far between.

Suburban Office Sales

Suburban Office Sales


However, the suburban market for properties under $3 million enjoy solid demand from cashed-up private Investors.

Research by Knight Frank shows that last year saw $240 million recorded in suburban Office Sales. And already this year, they have totalled some $100 million.

And 97% of those sales have been to Private Investors.