Tag Archives: commercial property sector
"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 [...]
Continue Reading
Australian Commercial Property
Is Runnning Its Own Race
Posted on 16. Oct, 2009 by Chris Lang.
Unlike the US and Europe, Australia has not suffered a banking crisis. Therefore, our banking system is still capable of providing credit for normal growth. With the US unemployment rate approaching 10%, this will delay any quick turnaround for the Commercial property sector. As you would expect, there is a strong correlation between high unemployment, [...]
Continue Reading
Commercial Construction
Outlook Remains Soft
Posted on 07. Oct, 2009 by Chris Lang.
While Australia's overall business expenditure has remained fairly strong, our Commercial construction and infrastructure outlays are expected to decline by at least 10% this financial year. BCI Australia is forecasting project construction of some $63 billion 2009-10, which is about $7.7 billion down on that for 2008-09. In all but for Victoria and South Australia, [...]
Continue Reading
