According to the LJ Hooker Commercial Retail Market Monitor investors are tipped to bid up retail property prices over the next two years, tightening yields amidst improved consumer sentiment and uncertain outlooks for other assets.
The latest edition o fthe LJ Hooker Commercial National Portfolio Magazine for 2015 is now available.
The magazine features a selection of properties available throughout our National Network of Commercial Specialists.
According to the recent LJ Hooker Commercial Industrial Market Monitor, yields tightened across most markets in the 12 months to July 1, with demand extending from 30,000sqm warehouses to strata-titled workshops in industrial estates.
Commercial property investments hit a new 12-month high of $27 billion at June 30, according to research compiled by LJ Hooker Commercial.
The total represented a 15% increase on the previous year, and influenced the tightening of yields across most markets, most notably in the office sector.
With the RBA moving to further lower the Australian Dollar, the stage could be set for China’s biggest foray into the nation’s commercial sector, yet.
Congratulations to DEXUS Property Group, recipients of the LJ Hooker Commercial Award for Best Business or Industrial Park at the Property Council of Australia's Innovation and Excellence Awards 2015. The Quarry at Greystanes (NSW) is truly a bechmark for sustainable industrial precincts.
The LJ Hooker Commercial Market Update report for April 2015 looks at how the level of offshore investment during Q1 2015. The report shows that the total value of offshore investment into commercial property surpassed $1 billion during the quarter, a 58% increase on Q1 2014.