You have seen strong growth and investor activity over the past 12 months; but neither of these have been very consistent — whether you look across the nation, or within each of the Commercial sectors.
Let’s take a quick look at each sector; and also consider the likely impact that further interest rate rises may have on your Investment Strategy.
[Read more…]
Last week I posted two articles that you may find interesting — and just wanted to make sure you actually received them.
If you didn’t get a chance to look at them then … here are the links to the full articles
“*Economy tipped to enter new Golden Age*”:https://commercialpropertymadeeasy.com/2006/11/17/economy-tipped-to-enter-new-golden-age
“*Vietnam … Asia’s 2nd Fastest-Growing Economy*”:https://commercialpropertymadeeasy.com/2006/11/17/vietnam-asias-2nd-fastest-growing-economy
Both these articles cover things that could impact on your overall Investment Strategy.
You are always reading about how China has been breaking annual growth records. And then it was India’s turn to steal the limelight.
But after throwing off the Soviet shackles, Vietnam signed an accord to roll back trade barriers with the USA. And its stagnant economy has literally leapt into action.
[Read more…]
According to the latest Property Council of Australia data (July 2006), the Melbourne CBD recorded a staggering net absorption figure in the last six months of 173,121 sqm, bring the total absorption for the last twelve months to 213,159 sqm.
These are the highest six and twelve month net absorption figures for Melbourne since PCA records began in 1990.
“Read more”:/assets/2006/10/31/MelbourneCBDOfficeMarketIndicatorsReport-Spring2006.pdf …
Conditions have tightened across the market reducing total vacancy of prime stock to 1.4% and secondary stock to 2.8%. With the mining and resource boom the primary driver of the market, demand is strong and supply is restrained.
“Read more”:https://www.colliers.com/Content/Repositories/Base/Markets/Australia/English/Market_Report/PDFs/BrisbaneCBDOfficeMarketIndicatorsReport-Spring2006.pdf …
In the June quarter 2006, the seasonally adjusted estimate of total building work done rose in all of the states and territories except Tasmania (-9.1%). The largest rises were in the Northern Territory (+17.6%), the Australian Capital Territory (+15.5%) and Western Australia (+12.6%). “Read more”:https://www.abs.gov.au/ausstats/abs%40.nsf/mf/8752.0?OpenDocument …
This would seem to add weight to what I covered on the “Australasian Construction Climate”:https://www.gal.com.au/FREE-eBulletins/Current-eBulletins/Emerging-Issues-2.html#climate in the March eBulletin.
In 2005-06, more than two-thirds of employed men aged 15-19 years worked in the Retail trade (42%), Construction (15%) or Manufacturing (11%) industries. Most of those working in Retail trade were employed part-time (77%), though part-time workers were much less prevalent in the Construction (14%) and Manufacturing (20%) industries.
