Archives for June 2012

Can Commercial Property Landlords Continue to Rely on the Government?

Office Workers within the CBDs around AustraliaAND THE ANSWER? Yes, but probably less than previously — due to both the State and the Federal austerity measures, currently being implemented.

Some of the recently-announced public service layoffs will remove the “automatic” component of government take-up, from the CBD Office demand equation. But that’s not altogether a bad thing. [Read more…]

​Being Creative Transforms Commercial Property Deals

Creativity brings massive rewards, at virtually no cost.PRICES may be rather attractive at the moment, but the days of quick-and-easy financing are over.

Furthermore, the tight credit market is making it tough for some investors to secure loans.

Nonetheless, with a little creativity and preparation, you can often bring otherwise-doubtful funding options within your reach. [Read more…]

Commercial Property Attracting Overseas Buyers

Melbourne Ofices in hot demand by overseas investorsACCORDING to a recent report by Property Watch, overseas investors appear to be strongly buying Office buildings, within Docklands and the CBD of Melbourne.

Currently, these Office purchases account for around 36% of all very major deals being transacted — and they seem to be driven by Melbourne having the 2nd lowest vacancy rate, after Perth. [Read more…]

How Will the RBA’s Decision Affect Commercial Property?

NOT EVERYONE was expecting the RBA to further ease the cash rate, when its Board met this week.

Some felt the Board would simply “keep its power dry”, and just wait to see how the outcome of the 17 June election in Greece unfolded.

Some economists like Saul Eslake (of Merrill Lynch) felt that the $2.5 billion of cash payments by way of government compensation for the carbon tax, would serve as “enough stimulus” for now.

But maybe, such thinking took too simplistic a view of things. [Read more…]