Tag Archives: caption
The “Fund Gap” Threatens …
Higher-Priced Commercial Property
Posted on 25. Jun, 2009 by Chris Lang.
Earlier this year, you read about a funding crisis pending for Property Trusts and Institutional buyers. And this is not helped by the RuddBank failing to materialise.
With a surge in the Share Market since March, several recent capital raisings have helped some of these larger property owners.
However, with the latest hiccup in Share Market […]
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CBD Office Shortage Looming for Melbourne
Posted on 18. Jun, 2009 by Chris Lang.
And Rentals are Set to Rise …
The recent boom period saw prime Office rentals in Brisbane, Sydney and Perth hit the $1,000 per sq metre mark. However, they have fallen dramatically from that peak, since mid-2008
Meanwhile, Melbourne has remained steady at around $750 per sq metre — mainly because most of its new […]
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Positive Signs Continue in China
Posted on 23. Apr, 2009 by Chris Lang.
Despite what the IMF has to say this morning … the World Bank expects China’s economy to start growing by mid-year, as a result of its massive stimulus package (some $A800 billion).
Overall growth for China has become more certain, as activity moves from state-funded projects into housing and improved consumption.
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Private Investors Vs the Institutional Buyers
Posted on 20. Apr, 2009 by Chris Lang.
Private Investors continue to dominate the Melbourne Commercial Office market.
Right now, sales around $20 million are slow; and over $40 million are few and far between.
However, the suburban market for properties under $3 million enjoy solid demand from cashed-up private Investors.
Research by Knight Frank shows that last year saw $240 million recorded in suburban Office […]
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How to Interpret the Conflicting Signals
Posted on 16. Apr, 2009 by Chris Lang.
Over the past weeks, I’ve posted several articles suggesting things are starting to improve — and more particularly, here in Victoria.
Since the low point on 6 March, the Australian stock market has enjoyed roughly a 20% improvement. And that has also been reflected on Wall Street.
However, we then received the recent announcement of unemployment […]
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Why Interest Rates Will Start To Soar!
Posted on 01. Apr, 2009 by Chris Lang.
If you’re like most people you are probably trying to second guess whether or not the RBA will reduce official interest rates by 0.25% or 0.5% over the next month or so.
So, should you fix your rates on your Commercial property now, or wait a while?
Realistically, you need to study what is actually happening around […]
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CBD Office Markets
Posted on 27. Mar, 2009 by Chris Lang.
As a result of the global financial crisis … sales of Melbourne CBD Offices fell in 2008 (to $425.2m) from the level achieved in 2007 (of $850.9m) — according to research released by CBRE.
Institutional buyers and REITs have virtually withdrawn from the market … leaving private syndicates, wealthy families and overseas buyers to transact most […]
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Looking into the Future for CBD Offices
Posted on 17. Mar, 2009 by Chris Lang.
An earlier post outlined my view on how the various CBD Office Markets would perform around Australia.
And a report by the ANZ Bank (in yesterday’s Financial Review) pretty much confirmed that previous advice.
Interestingly, their take on the level of vacancies is that it will not reach anything as bad as the 1990s.
But Perth, Brisbane and […]
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Victoria is Starting to Shine
Posted on 10. Mar, 2009 by Chris Lang.
Victoria may not have grown as fast as Queensland and WA over the whole of 2008.
However, it far outstripped every other State for the December — once the full impact of the global turmoil had started to take effect.
And as mentioned in an earlier posting … the positive impact of the Bush Fire Relief funds […]
