Tag Archives: melbourne
What about the Baby-Boomer Effect?
Posted on 02. Feb, 2010 by Chris Lang.
Yesterday, the Federal government released Australia’s third Intergenerational Report.
And about five years ago, I came out with a somewhat startling statement:
“If you haven’t sold your traditional family home by 2010 … you had better be prepared to hold it until 2025 — because there simply won’t be a market for it!”
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The Office Market is Looking Good
Posted on 27. Jan, 2010 by Chris Lang.
While several capital cities still have a reasonably high Office vacancies, there is a general shortage of space looming.
Twelve months ago, it was all doom and gloom for the CBD Office markets in Perth and Brisbane — with falls expected in both rents and values. New projects were being finished, as the resources boom ground […]
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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, there was […]
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State of the Commercial Market?
Posted on 17. Aug, 2009 by Chris Lang.
As you would expect, the financial turmoil worldwide has had a significant effect on most property markets. However, the effect has not been the same across the board.
The current state of the various CBD office markets is probably your best barometer of future activity for two reasons. First, the Property Council of Australia (PCA) conducts […]
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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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Do You Remember Back Then … ?
Posted on 05. May, 2009 by Chris Lang.
In an earlier article, I gave you a bullet-point comparison of how things are NOW … compared to the early 1990s … in relation to Commercial property.
Anyway, here are some very revealing graphs — based upon figures from the RBA.
Back in the 1990s, the banks were burdened with a heavy corporate exposure; and interest rates […]
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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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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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Are You Passing Up A Truly Great Opportunity?
Posted on 13. Mar, 2009 by Chris Lang.
Only every 18-20 years do you get the chance to take advantage of the Commercial Property market, when it’s in a state of flux!
As such, this year’s full-day Property Workshop (on Saturday 4 April) is probably even more important than in past years — to help you to gain that upper hand.
But remember, the “Early […]
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“Early Bird” Discount Ends on 15 March
Posted on 11. Mar, 2009 by Chris Lang.
This year’s annual Property Workshop may not be until Saturday 4 April … but the “Early Bird” discount ends this weekend.
It’s being held at the Athenaeum Club in the Melbourne CBD.
And given the opportunities that are starting to emerge in the current market … have a read of what you’ll cover, and then make sure […]
