Tag Archives: sydney
A Strong Finish to 2009
Posted on 05. Jan, 2010 by Chris Lang.
By early December 2009, sales of Commercial property in Melbourne's CBD had almost reached $1 billion — according to a report prepared by Jones Lang LaSalle. Apparently, Melbourne office sales (for buildings over $10 million) totalled around $998 million — while in Sydney, it had reached $444 million. Sales may well have topped the $1 [...]
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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) [...]
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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 [...]
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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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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 Institutional buyers and REITs have virtually withdrawn from the market ...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 [...]
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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 [...]
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Which Australian Office Markets are in Trouble?
Posted on 10. Feb, 2009 by Chris Lang.
Queensland seems to have been hardest hit. And in particular the Gold Coast, where vacancy levels have soared to around 18%. But the difficulties confronting Queensland (and fellow mining State WA) are not necessarily reflected Australia-wide.
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Melbourne Offices: Alive and Well
Posted on 22. Oct, 2008 by Chris Lang.
Even though things may be slowing in Queensland and over in the West ... the Melbourne CBD Office market seems to be travelling quite well.
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How to Live with a Labor Government!
Posted on 26. Nov, 2007 by Chris Lang.
Will things really change all that much, now that Australia has wall-to-wall Labor governments across the country? You'd better believe it!
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East Coast Industrial Forecast
Posted on 09. Oct, 2007 by Chris Lang.
LandMark White Research have recently released their 5-year forecast for Industrial property, along the eastern seaboard. Here are some of the highlights from their forecast.
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Complimentary Training
Some more Training Material
