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westpac

Commercial Property Poised to Take Off in 2012

ALL YOU need is a sprinkling of confidence … with an understanding that things are not as bad as you read in many newspapers.

For some time now, I have been trying to explain how the underlying fundamentals for Australia’s economy and Commercial property are strong.

And a recent AFR headline Recruitment boom bucks the trend (9 Dec 2011, page 41) now confirms that our major law firms are “in the midst of a hiring spree”.

Purely a Matter of ConfidenceHowever, if you still need some more convincing of Australia’s well-being, just take a look at these two graphs. [Read more…]

CBD Offices on the Move

Westpac has just released an Australia-wide outlook for Commercial property. And it predicts you will start to see growth in rents and values during 2010-11.

Two Cities

Two Cities

As employment numbers grow with the improved economy, demand for Office space will also take off again.
[Read more…]