.
THE FIRST THING you need to do is come up with some creative ways to address this … AND still maintain your sanity, at the same time.
But no matter what your approach may be, there are several things you always need to do. [Read more…]
Now It’s Priced to Sell
18 February, 2015 by
.
LATE LAST YEAR, Tenders were called for this Hardware Lane property — which closed just before Christmas.
Over the holiday break, negotiations progressed with two parties … without actually concluding a deal.
However, in the process, the Vendor has significantly reduce the price at which he is now prepared to sell. [Read more…]
Commercial Property: State of The Nation
5 November, 2014 by
.
OFFICE VACANCY RATES have lept towards 15% in Brisbane, Darwin, Canberra, Adelaide and Perth. And this takes the national average to 12.4%, as an overall vacancy level.
However, businesses are now leasing space once again in both Sydney and Melbourne — where their vacancy rates are currently hovering around 10%, according to Jones Lang LaSalle. [Read more…]
Office Markets Around Australia
13 August, 2014 by Leave a Comment
.
NO LONGER are the Office markets in sync, for the main capital cities around Australia.
During the last century, the CBD markets seemed to operate within a fairly regular 18-year cycle — in other words, from “peak to peak”.
However, all at ceased when the Global Financial Crisis hit in 2008. [Read more…]
Demand for Office Space on the Improve
6 May, 2014 by Leave a Comment
.
AN ARTICLE in the Weekend Financial Review (Page 39) opened with … “Macquarrie Group, a bellwether for the strength of the office leasing market, is expanding.”
And this clearly accords with a recent report released by BIS Shrapnel, which confirmed the Office recovery would be stronger in “service and trade exposed markets like Sydney and Melbourne, but weaker in the mining-based markets such as Perth and Brisbane.” [Read more…]
Residential and Commercial Property Cycles
9 April, 2014 by Leave a Comment
.
WHERE ARE WE right now? And what actually determines the Cycles for each sector?
As it happens, most people believe every sector is quickly affected by interest rate movements. Whereas, that’s not strictly true.
And where interest rates do have an effect … the actual timing of that also varies. [Read more…]
A Growing Economy is Good For Commercial Property
12 March, 2014 by Leave a Comment
.
HAVE YOU NOTICED how people are generally now acting in a far more positive manner. And that’s simply because they are starting to feel “wealthy” again. [Read more…]
Commercial Property Yields Firm As Activity Improves
5 March, 2014 by 1 Comment
.
FURTHER EVIDENCE of an underlying strength in the Commercial property market is now provided by the latest IPD/Property Council index.
During 2013, you saw investors (both local and overseas) stride out from the shadows of the Global Financial Crisis. And as this graph confirms, every sector has displayed a healthy improvement in selling yields. [Read more…]
How to Improve Your Return From Industrial Property
25 February, 2014 by Leave a Comment
DID YOU KNOW that you can claim quite significant depreciation deductions for an Industrial property? Because, legislation set down by the Australian Taxation Office (ATO) allows the owners of any income producing property to claim depreciation. [Read more…]
CBD Offices Give Direction For Commercial Property
12 February, 2014 by Leave a Comment
.
THE PROPERTY COUNCIL of Australia recently released its latest survey — for the six months to January 2013.
It reports that the national Vacancy Rate for CBD offices has increased slightly to 10.4%. However, that hardly tells the whole story. [Read more…]
Surge in Confidence Bodes Well for Commercial Property
4 February, 2014 by Leave a Comment
.
COMMERCIAL PROPERTY stands to benefit from the recent improved business trading figures — which have soared to a 2-year high. And these now fall into line with the NAB Survey’s confidence levels.
As such, many forecasters believe these latest figures (together with the growth in house prices over the past 12 months) now reflect the underlying strength of Australia’s post-mining economy.
Therefore, further interest rate reductions expected by the RBA are unlikely to occur any time soon — if at all. [Read more…]
