BEFORE THE PANDEMIC, there was a shortage of office space looming within the Sydney and Melbourne CBDs.
In fact, both were heading towards unhealthy vacancy levels of around 2% to 3%.
However, with extended lockdowns and some new supply coming onto the market … all that has clearly changed. [Read more…]
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OBVIOUSLY, THIS IS the question every residential investor asks … whenever they are considering the transition across to Commercial property.
However, you will quickly discover the reasons are rather compelling. [Read more…]
I THINK it was management guru, Tom Peters, who came up with probably the best advice on how to overcome procrastination — stemming from the need to have everything perfect BEFORE taking action.
And even though his advice may have originated in the 1980s … it certainly still holds true today, when it comes to Commercial property investors.
Tom Peters’ simple strategy was: “Ready … Fire … Aim!” [Read more…]
OVER THE PAST few weeks, you have read the 5 Common Myths About Commercial Property.
And also covered in some detail the 5 Reasons Why Serious Investors Prefer Commercial Property.
Therefore, it’s probably time to explore two other issues, which inexperienced property investors often see as being major problems. [Read more…]
NOT THAT long ago, the Office market as a whole was progressing well … right around Australia.
However, following the GFC, each local suburban market has been recovering at a different pace.
Perth rebounded rather dramatically, once the mining sector started to pick up again. And yet it has suddenly plateaued, while mining currently takes a breather. [Read more…]
AS YOU WILL quickly discover, finding suitable Commercial property investments comes down to a numbers game. And interestingly, many people consider these current times to be a buyers’ market.
However, as a serious investor, you will have found it difficult to identify many really top-notch properties right now. And at the moment, this is probably your #1 concern. [Read more…]
AND WILL it keep underpinning both Australia AND Commercial property? Well, that really depends upon who it is you’re asking.
Most miners are somewhat guarded; many journalists are painting a gloomy picture; and Labor politicians seem to be arguing among themselves.
So, no wonder most of us are confused.
And whenever the general community is confused … it takes what seems to be the safest route, and simply does NOTHING.
This is the dilemma our economy faces right now.
UNFORTUNATELY, you simply can’t avoid experiencing some pain … whenever structural changes occur within the economy.
However, these changes also provide considerable opportunities for the shrewd Commercial property investor. But more on that later. [Read more…]
EVERY SIX MONTHS, the Property Council of Australia (PCA) conducts a nation-wide survey on the state of the Office market around the country.
The accompanying graph will give you a quick snapshot of where things currently stand.
However, even the Commercial property market has been subject to the influences of the much talked about “2-speed economy”. [Read more…]
ACCORDING 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…]
SINCE THE 1800s, there has been a procession of younger family members joining long-established family businesses.
Traditionally, it has been sons following in their father’s footsteps.
But things started to change during the late 1970s and early 1980s, when you saw more daughters taking up the challenge, and also joining the family firm. [Read more…]
