As you have probably gathered, the demand for Commercial Property last year was strong.
In a recent article in the Financial Review, a report by CB Richard Ellis calculated that a record of $14 billion worth of Office, Retail, Industrial and Hotel property changed hands in Australia in 2006.
The accompanying table will give you a comparative summary of sales activity over the past 10 years.
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You may not have seen the recent reports … but there was an unexpected jump in new-house construction in December, and an increase in business activity in January. Plus, the US also saw a drop in its dole claims.
Despite these improvements, the full-year 2006 CPI for the US was only 2.5%; compared with last year’s concerning 3.4%.
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Thanks for submitting your solutions for the last Mind Bender.
It’s interesting that most people tend to focus upon what is there – rather than what is NOT there – in seeking out a solution. So, it’s good to see that a number of you don’t place such limits on your own thinking.
Some feedback suggested that the words “a” and “the” were missing. And yet, it’s not very difficult to construct a paragraph without them.
However, what is unusual is to have an entire paragraph without ever using the letter “E” – which is the most popular letter in the alphabet.
Anyway, congratulations to those of you who picked it up quickly. And maybe I will have to ‘raise the bar’ going forward.
I promised to help stretch your thinking and encourage you to adopt a different approach to things. So, here’s your next challenge.
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