Archive - Posts tagged with Commercial
Buying Rather Than Leasing Office/Warehouse Factory Space.
by Atholl Williams in Latest News
Given the ongoing low interest rates, more industrial property tenants are considering purchasing a property rather than leasing one. This is not surprising because, in some cases, interest can be half the amount of rental.
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The Market is Looking Good
New figures from Colliers International in July revealed Australia achieved a record-breaking $31 billion in commercial property sales in the last financial year, with 44% of that money coming from offshore.
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Bunnings moves quickly on Masters stores
Bunnings will leave seven of its stores to swoop on sites previously occupied by Masters, as the fallout from Masters’ failed home improvement division continues.
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Metro Trains on move as Sky Rail gathers steam
Metro will lease a site currently occupied by utility infrastructure service provider Zinfra Group, and will take over the remaining three years of the Zinfra lease after negotiating a deal for around $2.6 million per year.
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