ONLY RECENTLY, I flagged the emerging opportunity being provided by Industrial property. But I felt it was important for you to understand the underlying reason for that.
In a nutshell, it comes down to our persistently high dollar.
In last weekend’s Financial Review (page 24), Joanna Heath posed the following question:
Can you name Australia’s second-largest export?
She went on to point out that it’s not … coal, gas or wheat. Instead, it is actually Australian Commonwealth Bonds! [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…]
BECAUSE banks have been reluctant to fund speculative development, very little new Industrial space has come onto the market over the past few years.
Demand on the other hand has remained fairly steady; and it’s now increasing.
And this will cause rentals to rise over the next few years — as there is only a modest amount of space in the pipeline. [Read more…]
YOU’RE EXCITED … having just purchased a Commercial property investment. But what happens from here on, effectively determines just how profitable your acquisition will be.
Therefore, choose wisely when selecting your property managers — to ensure they share the same aspirations as you do. [Read more…]
