Archive for 'Office Markets'
"Doing Nothing Will Cost You!"
Posted on 26. Aug, 2010 by Chris Lang.
Whenever Investors are confused ... the Property Market tends to do nothing and simply moves sideways.
You observed that when the GFC first struck.
People simply put their buying decisions 'on hold'. And then, frantically played catch-up over the last 12 months ... as soon as they realised things were still okay here in Australia.
Over that [...]
Continue Reading
Can You Afford to Miss Out?
Posted on 23. Aug, 2010 by Chris Lang.
The other day, we took a look at Commercial property cycles, and where the various Australian CBD office markets might sit.
Currently, Melbourne seems to be "leading the pack". But you might be interested to explore exactly why that is.
Some recent research by Jones Lang LaSalle indicates that Melbourne's Office vacancy is likely to fall to [...]
Continue Reading
"Cycles Ain't Cycles"
Posted on 09. Aug, 2010 by Chris Lang.
Overall, Australia has sailed through the Global Financial Crisis more or less unscathed. And from all accounts, Victoria and enjoys the standout economy of all the States.
The Traditional Cycle Has Been Interrupted
Last week, you explored the traditional cycle for CBD Offices — being 18 years from peak to peak. And over that same period, Retail [...]
Continue Reading
Commercial Property Cycles ...
Posted on 03. Aug, 2010 by Chris Lang.
How do you ever understand them?
Before talking to you about Commercial property, let's take a quick look at Investment Cycles in general.
A recent AFR article contained this rather clever chart ... showing an Investor's mood at different points throughout the Cycle.
My reading would be that Australia is currently at the "Optimism" stage of the upturn [...]
Continue Reading
"Capture Your Firm's Full Value"
Posted on 28. Jul, 2010 by Chris Lang.
Last week, we talked about what you could be missing out on ... when you find the need to move.
Whenever you decide to relocate to new Headquarters, what are the key things you are seeking to achieve?
New premises that perfectly meet your needs — as to design and location;
A secure lease, with built-in flexibility down [...]
Continue Reading
Never Underestimate ...
"The Value of Your Firm"
Posted on 21. Jul, 2010 by Chris Lang.
On several occasions over the past fortnight ... I have had to give this very same advice. And so, I thought it might be worthwhile exploring this in some detail with you.
What we're actually referring to are the times when you need to relocate your Firm's headquarters. And in the process, unwittingly forego considerable benefits [...]
Continue Reading
Some Gloom ... Yet More Glee!
Posted on 30. Jun, 2010 by Chris Lang.
The US Federal Reserve is concerned that consumption is still being underpinned by government funding.
And so, even though stimulus measures may be winding down ... the Fed has decided to maintain interest rates at their historically low level.
It seems that households and businesses are preferring to repay debt, rather than spend to encourage investment [...]
Continue Reading
Macmillan Magic
Posted on 16. Jun, 2010 by Chris Lang.
It's not often a property of this quality comes onto the market — offering you a tenant of such a high calibre.
15-19 Claremont Street, South Yarra
Macmillan Publishers Australia have a lease over three floors, which runs until March 2017. And their current Net Rental is $886,341 per annum.
You can go across now to a special [...]
Continue Reading
Interest Rates Looking Forward
Posted on 03. Jun, 2010 by Chris Lang.
... and Commercial Property
This week's decision by the RBA to leave the cash rate on hold was an easy one — mainly because the major banks had basically helped it out, by increasing their rates earlier by a greater margin.
The RBA's view was that the current rate of 4.5% was "appropriate for the near term". [...]
Continue Reading
Commercial Property Yields?
Posted on 26. May, 2010 by Chris Lang.
... Exactly How Do They Work?
Recently, I was invited to conduct a Workshop at a 3-day Conference for some 1200 delegates.
My role was to provide some insight into the main Commercial property sectors. And explain just how the combined returns for each sector relate to one another.
So what I've done is to create a short [...]
Continue Reading
Interest Rate Rises ...
Are they a Good Sign?
Posted on 05. May, 2010 by Chris Lang.
The RBA's decision on interest rates yesterday came about because of what's happening here in Australia, rather than in Europe.
It has been made against the backdrop of our exporters having recently extracted massive price hikes for iron or in coal, as a result of China's strong growth.
Since the global turmoil started in 2008, the $A [...]
