Tag Archives: vacancy rates
Interest Rates Looking Forward
Posted on 03. Jun, 2010 by Chris Lang.
... and Commercial Property This week's decision by the RBA to leave the cash rate on hold was an easy one — mainly because the major banks had basically helped it out, by increasing their rates earlier by a greater margin. The RBA's view was that the current rate of 4.5% was "appropriate for the [...]
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Interest Rate Rises ...
Are they a Good Sign?
Posted on 05. May, 2010 by Chris Lang.
The RBA's decision on interest rates yesterday came about because of what's happening here in Australia, rather than in Europe. It has been made against the backdrop of our exporters having recently extracted massive price hikes for iron or in coal, as a result of China's strong growth. Since the global turmoil started in 2008, [...]
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Retail Returns to Favour
Posted on 31. Mar, 2010 by Chris Lang.
Retail property has had some press coverage of late. It has shown a surprising improvement, given global events and the hike in interest rates. Westfield (a good retail barometer) reported a strong mid-year result from its Australian shopping centres. As you can see from the table, Vacancy rates have fallen significantly and Yields firmed — [...]
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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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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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Taking Stock of Commercial Property
Posted on 03. Feb, 2009 by Chris Lang.
As I mentioned in a recent mail to some Clients, it's been surprising how few quality properties have been forced onto the market — given the difficulties caused by current global turmoil. You've heard so much lately as to how bad things are. But let's undertake a quick comparison for Australia — between 1990 and [...]





