OVER THE past couple of weeks, you’ve quietly worked your way through the first 14 questions … as part of your prep-work for each Negotiation.
And today, you’ll be covering the final 6 key questions — to help ensure your success. [Read more…]
Commercial Property Negotiating: The Framework for a Great Deal (Part 3)
29 March, 2012 by Leave a Comment
Commercial Property Negotiating: The Framework for a Great Deal (Part 2)
22 March, 2012 by Leave a Comment
LAST WEEK, we made a good start by scoping the first 8 questions you need to keep asking yourself … as part of your prep work for each Negotiation.
So let’s pick up from where we left off — here your next 6 questions. And you’ll recall that before (and during) your negotiations, you need to be asking: ARE YOU … [Read more…]
Is The Mining Boom Masking a Major Problem for Commercial Property in Queensland and WA?
20 March, 2012 by Leave a Comment
THIS RATHER pressing issue appears to be receiving little or no coverage at all.
But if you listen to the insolvency firms, Western Australia is about to become the “hot spot” for distressed property.
And as you can see from the chart, Queensland well and truly holds the the crown at the moment. [Read more…]
Commercial Property Snapshot: Retail Within The Melbourne CBD
6 March, 2012 by Leave a Comment
LAST TUESDAY, you gained some insights into the changing Retail scene, for Commercial property around Australia.
According to some recent research by JLL & CBRE (BusinessDay: 29 Feb 2012), these trends are clearly starting to emerge within the Melbourne CBD.
The current vacancy rate is hovering at around 1%. And in part, this is due to the Growing number of people living and working within central Melbourne.
However, part of the reason behind this also lies in the recent entry into the market of several major overseas retailers. [Read more…]
Commercial Property: When the Time Comes to Sell … (Part 1)
1 March, 2012 by Leave a Comment
WHAT YOU need is a strategy to make absolutely sure you obtain the best possible price when you sell.
And you do this by creatively targeting investors, developers and potential owner-occupiers — through adopting a broad (yet cost-effective) marketing campaign, which draws out those buyers best suited to your property.
Choosing The Best Method of Sale
The #1 secret for successfully selling any property is to promote the feeling among your prospective buyers that “they could miss out”.
However, this is difficult to achieve with a straight, Private Sale. In fact, this method generally takes far longer to achieve a result — as it fails to create any sense of urgency in a buyer’s mind. [Read more…]
Commercial Property: The Changing Retail Scene
28 February, 2012 by Leave a Comment
THERE WAS an article in The Age last Saturday (BusinessDay) — which provided some fascinating insights into Australia’s retail scene.
Based upon GPT’s national portfolio, some interesting long-term trends are taking shape. And while GPT’s overall earnings actually rose by 7% over the past year … it required a fair amount of “fancy footwork” to achieve that. [Read more…]
12 Fundamentals You Need to Follow … When Buying Commercial Property
24 February, 2012 by Leave a Comment
AS YOU WILL appreciate, being able to sleep at night is one of the key objectives for any Commercial property investor.
And that’s what many property investors refer to as staying below your “Threshold of Insomnia”.
There can be several things that might cause you to lose sleep. One is over-borrowing; and the others are making a poor assessment of the market and the property itself. [Read more…]
Commercial Property: Things You Need to Know
3 January, 2012 by Leave a Comment
You cannot go anywhere nowadays, without somebody offering you their advice about Commercial property.
And it’s hard to know whether they are giving you good information, or just passing on ideas they have picked up on from rather dubious sources.
But once you understand that Commercial property and Residential property completely different, you then begin to understand how the commercial market actually works.
That’s why these articles are intended to give you the real information — to help you become an expert on the subject.
So let’s start with doing homework properly. [Read more…]
Commercial Property: The Impact of China
6 December, 2011 by Leave a Comment
LAST week, The Australian newspaper invited three Commercial property experts to respond to the following question:
If China’s growth story begins to peter out, what will be the impact on Australia’s commercial property market?
Those experts included … Greg Marr (MD of DTZ), Tony Crabb (Research Head of Savills), together with me (as CEO of Properly Edge Australia).
And you can read all three responses, which appeared in Saturday’s Weekend Australian [Commercial Property 3]. What I’ve included here below is my contribution to that analysis … [Read more…]
How Can Commercial Property Investors Make Any Sense of the Retail Scene?
29 November, 2011 by Leave a Comment
ACCORDING to the Australian Retailers Association, its members are projecting $39.5 billion in sales from mid-November until Christmas — reflecting an overall increase of just 2% on last year.
Many shoppers still remain extremely hesitant, despite the RBA’s recent interest rate reduction.
Although, with household savings at record levels … people may simply be holding back on their main splurge splurge, until the post-Christmas sales. [Read more…]
6 Tips for Success with Commercial Property
24 November, 2011 by Leave a Comment
YOU can certainly round out your portfolio and in hence your returns, by investing in Commercial property.
However, it’s important to do your homework; plus, understand that the Commercial market differs from the residential property market.
And provided you undertake the necessary research, you’ll find there is great potential in owning Commercial property. [Read more…]
