Wednesday, 18 April 2007
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News &
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| Trafalgar purchases logistics centre |
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Trafalgar Corporate Group has purchased a 19,475 sqm Coles logistics distribution centre in Goulburn, New South Wales, for an assured yield of at least 8.25% to 30 June 2010. |
| Macquarie branches into Europe |
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Macquarie CountryWide Trust has secured a portfolio of five hypermarket anchored shopping centres in Poland and two shopping centres in Germany in two separate transactions for €351 million, or A$571 million. |
| Homebush Bay a prime investment |
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The latest research from Residex suggests that developments at Homebush Bay are amongst the lowest priced waterfront properties in Australia. Rental yields are currently averaging 4.5%. |
| Boom for Burleigh Heads |
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New research compiled by PRDnationwide’s Gold Coast office shows that more than $435 million worth of development projects have been planned for Burleigh Heads, with at least $160 million worth of property already under construction. |
| Melbourne Suburban Office Overview - Knight Frank |
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Investor sentiment remains strong in Melbourne's suburban office market, driven by strong tenant demand and consistent low vacancies (4.7% in January). This strong outlook, together with the weight of funds seeking property, has resulted in increased competition and should result in yields remaining at historical lows. |
| Industrial Snapshot, Sydney - Laing + Simmons |
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The State Government has identified its preferred locations for a new business park, similar to Norwest, in South West Sydney. The state government have declared the M7 and M4 intersection to be a future employment lands hub and anticipates that 36,000 jobs will be created in the location over coming years. The excellent transport infrastructure in this precinct made it perfect for planned future construction of industrial office and warehouse space. |
| Sydney Northern Districts - PRDnationwide |
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The Ryde LGA property market has always seen strong demand due to it’s transport links as well as the area being a major employment and education centre. The majority of house price growth in the area was recorded between 2000 and 2003 where the median house price increased from $405,000 in December 2000 to $680,000 in December 2003, equating to a growth rate of 18.9% per annum. |
Prime Brisbane Office Investment |
179 North Quay, Brisbane
- 100% leased
- High quality refurbished office building
- Overlooking the Brisbane River in the North Quarter Precinct
- Government, National & International tenants
- Strong rental growth prospects
- NLA: 8642 sqm approx
- Expressions of Interest
- Thursday 19 April 2007 By: 4.00 pm
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