The Market Update report for September looks at the recently released Property Council of Australia (PCA) Office Market Report (OMR). It analyses and highlights the performance of office market around the country and provides some key takeouts from this report.
Most people when looking for a commercial investment tend to stick to the traditional – an industrial shed, a safe retail outlet or even a small office block. It makes sense to invest in an asset class that you feel comfortable with.
But there is also reward in investing in alternative commercial assets such as a franchise chain that may involve food such as pizza or even a coffee stores.
When people hear the term WALE, they immediately think of one of the world’s largest mammals roaming the ocean.
But despite the incorrect spelling, a WALE in real estate terms is one of Australia’s most important terms in the commercial property world.
The latest edition of the LJ Hooker Commercial National Portfolio Magazine for 2014 is now available.
The magazine features a selection of properties available throughout our National Network of Commercial Specialists.
Investment demand for industrial space is set to surge in Sydney, Melbourne and Darwin as investment in non-mining business recovers, according to the latest market update released this morning by LJ Hooker Commercial.
“Overall commercial property markets are beginning to look much healthier,” Matthew Tiller, LJ Hooker national research manager says. “In the past 18 months investment sales and capital markets have markedly outperformed while leasing markets have remained soft.