DESPITE A RECENT surge in positive COVID-19 cases for Victoria, the infection rates detected by its testing blitz have remained at a very low 0.2%.
And so, that would suggest the virus is not widespread within the community.
Furthermore, there hasn’t been any marked increase in the number of cases actually requiring hospitalisation.
SEVERAL CLIENTS have been asking about how long until things start to get back to “normal”. And what changes investors need to watch for, after we emerged from lockdown.
During times of economic uncertainty, you should focus on the underlying fundamentals driving demand and investment. And these still remain strong.
In my view, you should see a stronger than expected recovery – provided various states don’t unnecessarily delay the steps needed to restart the economy. [Read more…]
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THE QUESTION IS: Have the major corporate tenants been “sold a pup”? Or have their Financial Controllers merely been focusing upon cost savings, rather than employee productivity?
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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…]
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THE FIRST THING you need to do is come up with some creative ways to address this … AND still maintain your sanity, at the same time.
But no matter what your approach may be, there are several things you always need to do. [Read more…]
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LATE LAST YEAR, Tenders were called for this Hardware Lane property — which closed just before Christmas.
Over the holiday break, negotiations progressed with two parties … without actually concluding a deal.
However, in the process, the Vendor has significantly reduce the price at which he is now prepared to sell. [Read more…]
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THIS TROPHY BUILDING is being offered for Sale by Tender — closing at 3 pm on Wednesday, 10 December 2014 (AEDT).
The magic of Melbourne’s cafe culture within its streets and laneways is well known throughout the world. And nowhere captures this cosmopolitan mix of food and buildings … quite like Hardware Lane. [Read more…]
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OFFICE VACANCY RATES have lept towards 15% in Brisbane, Darwin, Canberra, Adelaide and Perth. And this takes the national average to 12.4%, as an overall vacancy level.
However, businesses are now leasing space once again in both Sydney and Melbourne — where their vacancy rates are currently hovering around 10%, according to Jones Lang LaSalle. [Read more…]
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NO LONGER are the Office markets in sync, for the main capital cities around Australia.
During the last century, the CBD markets seemed to operate within a fairly regular 18-year cycle — in other words, from “peak to peak”.
However, all at ceased when the Global Financial Crisis hit in 2008. [Read more…]
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HERE YOU HAVE 110 car spaces within the Aquavista Building — on separate titles — and with a single tenant leasing them all.
The current Net Rental is $432,274.70 per annum (from 1 July 2014)
This sale by Public Tender only comes about, because two of my clients have agreed to offer their (adjoining) Parcels … where each one contains 55 car spaces. [Read more…]
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AN ARTICLE in the Weekend Financial Review (Page 39) opened with … “Macquarrie Group, a bellwether for the strength of the office leasing market, is expanding.”
And this clearly accords with a recent report released by BIS Shrapnel, which confirmed the Office recovery would be stronger in “service and trade exposed markets like Sydney and Melbourne, but weaker in the mining-based markets such as Perth and Brisbane.” [Read more…]
