In the world of commercial property investment, the allure of self-managing assets can be tempting for landlords seeking to maintain control and potentially save on management fees. However, the reality is that self-management often leads to significant challenges and pitfalls that can ultimately undermine the value and performance of the … Read more
Over the past two decades, the number of data centres around the world has been steadily increasing, with Australia now ranking as the seventh most populous country for these facilities. The nation has witnessed significant investments, totaling more than $13.6 billion, directed towards the construction of new data centres. In … Read more
Capital growth is in negative territory for nearly all asset types and locations across the country as the revaluation of assets puts the spotlight on cost of financing, returns and the rapid escalation of prices over the last few years. Risk premiums have re-emerged for most properties as bond rates … Read more
Parking in Australia’s CBDs has seen significant changes over the past ten years. Reduced parking allowances for new office and residential development, together with increased levies on spaces in some markets, has put pressure on occupancy, which caused parking rates to increase. Therefore, demand to invest in parking structures was … Read more
Sales, leasing, and property management functions should not operate in isolation; instead, they should work in harmony to deliver exceptional service and value to clients. Yet, all too often, these departments function as silos, leading to communication breakdowns, inefficiencies, and diminished client satisfaction. When departments within a commercial real estate … Read more
As property management experts, we often encounter questions surrounding the distinction between damage caused by tenants and fair wear and tear. It’s crucial for both landlords and tenants to grasp the nuances of this differentiation to ensure a smooth and fair tenancy experience. The award-winning property management team at … Read more
In the realm of commercial real estate management, the significance of routine inspections can’t be overstated. While not legally mandated like their residential counterparts, these inspections play a crucial role in safeguarding the interests of both property owners and tenants. It’s worth noting that although routine inspections are not legislatively … Read more
As we find ourselves in the midst of the financial year and the beginning of a new calendar year, diligent commercial investors recognise the significance of proactive portfolio management. It’s an opportune time to assess the health of your assets, identify areas for improvement, and prepare for a successful and … Read more
Industrial has been the golden child of the last few years, accounting for the lion’s share of total commercial volumes. During this time we have seen some asset types’ interest dwindle, while others have surged in popularity. Commercial investment levels are significantly down this year compared to our busy last … Read more
Navigating the complex world of commercial real estate can be challenging, and when it comes to managing agents, investors often find themselves hesitant to make a change, even in the face of mismanagement. However, contrary to popular belief, the process of switching managing agents for your commercial assets is far … Read more