Tag Archives: retail
Sentiment is Strong … Despite the Economy
Posted on 10. Jul, 2009 by Chris Lang.
These graphs are painting a very encouraging picture.
As you can see, the Westpac-Melbourne Institute consumer sentiment index increased strongly by 9.5% for June.
And that means it has now leapt by some 23% since May — the largest 2-month increase for over 30 years.
First-home buyers have also been active, accounting for nearly 30% of […]
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Here’s Something Definitely Worth a Look
Posted on 02. Mar, 2009 by Chris Lang.
Just the other day, the sales team at Grayjohnson started marketing what I really think is a top property here in the CBD at 33 Russell Street in Melbourne.
It’s a rather well presented ground-floor Retail Showroom — at the corner of Flinders Lane, opposite the Grand Hyatt Hotel.
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This is Not Quite the Stuff of Fairytales …
Posted on 03. Dec, 2008 by Chris Lang.
But for the most of 2008, Australia has basically experienced what you might term a Goldilocks market for Commercial property … “not too hot, and not too cold!”
Despite Office, Retail and Industrial being near the top of their cycles … the global turmoil has prevented the usual runaway activity occurring — in most capital Cities.
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Recognise the Investment Opportunities …
Posted on 12. Nov, 2008 by Chris Lang.
Anecdotal evidence suggests that consumers are cutting back on their spending around Australia. And it’s likely that luxury items and overseas travel will be the most affected.
A recent article in The Age expounded “The Flight to Value” — where Australian Property Monitors reported a 24% drop in the median price for Toorak Homes, in […]
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Only Your 3rd Day Back?
Posted on 16. Jan, 2008 by Chris Lang.
Well, here’s some good news on the next Property Workshop!
Following a barrage of emails from those of you who took off the week before Christmas … you will see that the early-bird registration has been extended until the end of January.
However, I suspect the “Full House” sign will be going up before then. Therefore, […]
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Retail Construction Continues
Posted on 24. Oct, 2007 by Chris Lang.
Australia wide, the level of Retail construction was up by some 17% for the 12-month period to June 2007.
In the main, this involved extensions to existing suburban Shopping Centres; plus some new construction in many of the growth corridors.
