LJ Hooker Commercial Perth reaps the rewards of growing demand for prime properties.
LJ Hooker Commercial Director Brian Neo told WILLIAMS MEDIA a shortage of stock and strong demand for blue-chip properties in prized locations has seen a flurry of transactions negotiated in the past few months.
Investors dominate the NZ market as Whillans transact more than $250 million in the Quarter
“New Zealand has earned its reputation as a true global safe haven” Says Bruce Whillans. Whillans Realty Group had an outstanding third quarter, with over $250 million in sales with the bulk of their activity in investment sales, reflecting a strong demand for income-earning property.
Australian commercial property sales volumes at $13.6 billion, with offshore investors accounting for 44% of activity reports JLL
This follows almost $1.5 billion in major deals negotiated across the office, industrial and retail market in one week alone and a pipeline of circa $2 billion expected in December. Offshore activity has been strongest from Singapore, Germany and China.
National Commercial network reports end of 2020 surge in settlements
Mattew Tiller head of LJ Hooker Commercial network reports LJH has posted its largest month for commercial settlements in two years as owner-occupants capitalise on record low interest rates and Australia’s exit from COVID-19.
Demand high for strong core office assets in Adelaide CBD despite COVID-19 - Knight Frank report
Adelaide’s CBD office market has been disrupted by COVID-19, but core assets with strong lease covenants remain highly sought after in the local market, according to the latest research from Knight Frank.
Urban Property Australia dissects the effect of the pandemic on the Melbourne property market
World’s longest lockdown stymies leasing demand but sales activity solid for Melbourne’s metropolitan office market says Urban Property Australia Founder and Managing Director, Sam Tamblyn.
Economic crisis casts a shadow over Australia’s CBD office markets - JLL
JLL national office statistics for the third quarter show negative net absorption of -193,700 square metres and a vacancy rate increase of 2 percentage points from 10.2 per cent to 12.2 per cent.
Essential service investment stands out in 'extraordinary' year - Burgess Rawson
The stability of commercial property investment, in particular essential service sectors, proved the winner during a turbulent year, according to Burgess Rawson's 2019/20 Investment Sales Report.
Uptick in demand for fitted out office space in Sydney - JLL
As companies look to consider ways to reduce their leasing lead times and cash expenditures in the current environment, JLL is observing an uptick in demand for office space that is already fitted out.
