Apr, 2019

COMMERCIAL FINANCE TRENDS IN AUSTRALIA’S POST HAYNE REPORT CLIMATE

Finance Markets / Market Trends

As Australia’s banking sector continues its recovery from the perfect storm of APRA restraints, the Royal Commission and resulting Hayne Report - pre-sale criteria continues to constrict residential development, lenders are looking to size up loan books and scramble to develop new products for the changing market and many anticipate an interest rate decrease, according to Stamford Capital’s Real Estate Debt Capital Markets Survey 2019.

Australia

Apr, 2019

Bendigo Bank reduces Bendigo Express and Basic home loan variable interest rates

Finance Markets / Mortgages

Bendigo Bank has announced it is decreasing its Bendigo Express Home Loan and Basic Home Loan variable interest rates.

Australia

Nov, 2018

Sydney investors turn attention to NSW’s Central Coast

Finance Markets / Latest Activity

Savills Australia sells restaurant and apartment for $3.35million

Australia / Sydney

Aug, 2018

MP Funds Management Development Funding & Capital Solutions

Finance Markets / Mortgages

MP Funds Management is currently finalising a number of funding outcomes across multiple transactions in Sydney. MP Funds Management has established relationships with both institutional groups and family offices and can provide tailored capital solutions that are receptive to developers? operational requirements and better understand the business through this stage of the market cycle.

Australia

Apr, 2018

Rates set to rise

Finance Markets / Latest Activity

While the Reserve Bank of Australia has indicated cash rates will remain stable, lenders are increasing property borrowing rates by up to 25 basis points, in response to rising funding pressures.

Australia

Apr, 2018

Double hit for risky borrowers

Finance Markets / Latest Activity

Highly geared borrowers are charged higher interest rates, as well as mortgage insurance, the Commonwealth Bank has confirmed.

Australia

Mar, 2018

Slow growth prompts asset diversification

Finance Markets / Market Trends

The likelihood of future interest rate rises is prompting more emphasis on asset diversification and stability of income as investors move beyond traditional yield- based performance, says CBRE head of global research Nick Axford.

Australia

Mar, 2018

CBRE market update: Alternative sectors the ticket of choice for investors as yield compression peaks

Finance Markets / Market Trends

Asia Pacific has emerged as the strongest growing economy globally, with property investors increasing their focus on alternative sectors that offer income stability and higher returns in a bid to offset lower growth forecasts over the coming years.

Australia

Mar, 2018

ANZ boss predicts property developer “pain”

Finance Markets / Market Trends

ANZ boss Shayne Elliot has predicted pain for property developers, due to Australia’s highly indebted households, but says high savings rates will result in a soft landing.

Australia

Mar, 2018

Costello warns of 'painful' rate rises

Finance Markets / Market Trends

Former federal treasurer and chairman of the Future Fund, Peter Costello says the consequences of rising interest rates will be ?slow and painful? for Australian households, and the housing market generally.

Australia

Mar, 2018

Biggest threat to banks is competition, despite bad lending practices, says Hempton

Finance Markets / Mortgages

Australia’s banks will be more impacted by competition in the long term, than an overvalued property market, despite an increase in dodgy mortgages, according to hedge fund manager John Hempton.

Australia

Mar, 2018

Bank compliance may see investor loans increase, says CoreLogic

Finance Markets / Market Trends

APRA crackdowns saw mortgage lending dramatically slow, but compliance with the limits may result in an increase in investor lending, says property researcher, CoreLogic.

Australia

Feb, 2018

French AXA enters Australian commercial debt market

Finance Markets / Market Trends

One of the world?s largest non-bank lenders, AXA Investment Managers-Real Assets, has indicated its intention to enter the commercial real estate debt market.

Feb, 2018

Focus on logistics as industrial sector ramps up

Finance Markets / Market Trends

Logistics sheds are proving the new black for property investors, with a new green-star rated warehouse leasing for $1.1 million and a Singapore funds $177 million purchase pump-priming industrial activity for the new year.

Australia

Feb, 2018

A-REITs to underperform against equities: analysts

Finance Markets / Latest Activity

Australias listed real estate trusts are likely to underperform equities again this year as rising bond yields cause volatility in both sectors, analysts say.

Australia

Feb, 2018

Mortgage deals in UK are not transparent enough, new research claims

Finance Markets / Mortgages

It is hard for home borrowers to be aware of the true best deals when it comes to mortgages as charges and incentives are not always made clear, new research suggests.

England

Jan, 2018

Bitcoin becoming more popular for real estate sales

Finance Markets / Market Trends

Bitcoin fever has hit the U.S. real estate market, especially that of Florida, offering foreign investors a way to dodge currency controls at home and U.S. economic sanctions.

United States of America

Jan, 2018

Foreign investors push CBD office sales to record high

Finance Markets / Market Trends

$3.88billion in sales make 2017 Melbournes strongest year

Australia

Nov, 2017

Commercial real estate is Australia's other big property risk

Finance Markets / Latest Activity

We've been talking about the Sydney and Melbourne housing bubble for years, but there's another danger looming.

Australia

Nov, 2017

Cremorne office to test yields in hot market

Finance Markets / Latest Activity

The sale of a fully-leased Cremorne office building will test the market as yields plummet in the wake of a new stock shortage driving increased investor competition for every available asset, according to Teska Carson Director, Adrian Boutsakis.Â

Australia

Nov, 2017

Fierce competition at auctions for shops

Finance Markets / Latest Activity

Shops on Melbourne's suburban strips continue to attract premium prices and fierce competition at auctions.

Australia

Nov, 2017

City-fringe offices fetch big prices

Finance Markets / Latest Activity

Investors and owner-occupiers are willing to pay strong prices for city-fringe offices.

Australia

Nov, 2017

Co-working office headhunting corporates

Finance Markets / Latest Activity

Co-working office operators are going after growth in the corporate market, boasting of 25 to 30 per cent savings on the cost of a traditional office lease.

Australia

Nov, 2017

Australian developer secures financing for Midtown Houston high-rise

Finance Markets / Latest Activity

Melbourne, Australia-based Caydon Property Group has surpassed another milestone in the development of its first U.S. project, a $200 million residential tower in Houston's Midtown.

Australia

Nov, 2017

Hotels hit straps as long-time owners cash out

Finance Markets / Latest Activity

Generational change and booming property values are hitting pub ownership as hotels without underpinning pokie machine income or trendy destinations face an uncertain future. Â

Australia

Nov, 2017

Curtains close: Kirby family sell Sorrento cinemas

Finance Markets / Latest Activity

It is the end of an era in cinema ownership circles, with Village Roadshow founders and owners the Kirby family disposing of two picture theatres, including a historic ex-hall in Sorrento which it controlled for more than 70 years. Â

Australia

Oct, 2017

Charter Hall Retail REIT delivers 4pc growth

Finance Markets / Latest Activity

Charter Hall Retail REIT will focus on increasing its portfolio with larger-scale, food-anchored neighbourhood shopping centres after posting a 4 per cent rise in sales growth for the September quarter. Â

Australia

Oct, 2017

Demand rising for bank finance alternatives as credit tightens

Finance Markets / Latest Activity

The first three months of the 2017-18 financial year has seen unprecedented demand from commercial and residential property developers seeking short-term finance.

Australia

Oct, 2017

How long can this party last?

Finance Markets / Market Trends

With commercial office landlords in Sydney in the grip of a perfect storm of low supply, buoyant demand and rising rents, it might be time to pause and consider those events that could put a stop to this record period of bliss. Â Â

Australia

Oct, 2017

ALH hotels in Melbourne hit market as pub sector heats up

Finance Markets / Market Trends

The Royal Hotel in Melbourne's Sunbury, leased to Woolworths-backed operator ALH Group, is to be offloaded by a private NSW investor, hot on the heels of another ALH-operated pub, the Berwick Inn, hitting the market. Â

Australia

Sep, 2017

Flexible short-term space a sign of the times.

Finance Markets / Market Trends

There are different ways businesses can make their work space more flexible to suit their needs, and that of their employees. Activity-based working, hot-desking and work from home options are just a few.

Australia

Sep, 2017

Industrial assets in hot demand

Finance Markets / Market Trends

Private investors are swooping on industrial properties offloaded by their former owner-occupiers.

Australia

Aug, 2017

Muir family sells another Good Guys store

Finance Markets / Latest Activity

A corner property leased to The Good Guys, Goodyear and Burson Auto in Melbourne's Hoppers Crossing has sold for $11 million.

Australia

Aug, 2017

Fringe office heat spreads to North Richmond precinct

Finance Markets / Market Trends

The North Richmond office market is starting to thaw as it absorbs some heat from the trendy Cremorne precinct to its south.

Australia

Aug, 2017

Competition heats up in portfolio auction space

Finance Markets / Latest Activity

Real estate agency CBRE will up the ante on competitor Burgess Rawson when it launches a regular portfolio auction campaign this month.

Australia

Aug, 2017

Amalgamated development sites are in high demand

Finance Markets / Market Trends

A private developer has paid in excess of $80 million for an amalgamated site, said to be one of the biggest deals so far in Macquarie Park, and more are tipped to be offered.

Australia

Jul, 2017

100 Collins strata office peaks

Finance Markets / Market Trends

Melbourne's CBD hot strata market is on a streak with a fifth office in Collins Street modernist building setting a new price record. Â

Australia

Jul, 2017

How to use your SMSF to own your business premises

Finance Markets / Market Trends

Do you own a business? How much is the lease for your business premises? Often it will be thousands of dollars you are paying each month to the landlord.

Australia

Jul, 2017

Malaysian developer targets owner-occupiers in Southbank

Finance Markets / Latest Activity

Malaysian developer OSK Property is firmly staking its $2.8 billion mixed-use complex Melbourne Square on a rise in owner-occupier demand with 78 per cent of apartments offered having two or more bedrooms.

Australia

Jul, 2017

Exchange House could reap $130m for owners

Finance Markets / Latest Activity

The dash for high-end office towers has seen more than $4 billion worth of asset change hands along the eastern seaboard in the past two months, triggered by the strength in the underlying leasing market.

Australia

Jul, 2017

Downtown Manhattan asking rents reach all-time highs in June

Finance Markets / Market Trends

According to CBRE, the average asking rent in the Downtown Manhattan office market reached an all-time high of $62 per sq. ft., following the addition of 1.7 million square feet of space at 3 WTC.

United States of America

Jul, 2017

Boroondara development sites fetch $14.4 million

Finance Markets / Latest Activity

An offshore developer has snapped up a permitted development site on Canterbury Road, in Surrey Hills, shelling out $9.4 million. Â

Australia

Jun, 2017

Binks site adds to Footscray unit heat

Finance Markets / Latest Activity

Offshore developer AVIC Group has proposed a $162 million mixed-use estate for the former Binks Ford car yard in Footscray.

Australia

Jun, 2017

City fringe office and residential sites are top of the list

Finance Markets / Market Trends

Investor demand for quality and higher yielding assets has seen a rise in offerings of properties, ranging from offices to townhouse developments in the city fringe and suburban areas.

Australia

May, 2017

Legal precinct strata heat

Finance Markets / Market Trends

Generational change in the legal precinct has sparked a series of property deals with owners taking advantage of hot CBD prices.

Australia

May, 2017

Childcare centres on top of investors' pick list

Finance Markets / Latest Activity

Childcare centres are on an upward trajectory in the eyes of investors with more than $200 million worth of asset changing hands in the past year.

Australia

May, 2017

Moscow's luxury hotel sector index dips in Q1

Finance Markets / Latest Activity

The market in the Russian capital is still riding strong, gaining volume of rooms sold in most segments and rates in some.

Russia

May, 2017

Melbourne's charms and cheap rents gaining admirers

Finance Markets / Market Trends

International businesses are starting to looking at expanding their Australian office footprint into Melbourne rather than Sydney, lured by the cheaper office rents. Â

Australia

May, 2017

Commercial property the bigger risk to banks: Fitch Ratings

Finance Markets / Latest Activity

Losses on commercial real estate loans pose a more immediate risk to Australia's banks than developments in the housing market, where regulators are putting the brakes on riskier lending, Fitch Ratings says. Â

Australia

May, 2017

Hotels in Milan return to profit growth in Q1 2017 after Post-EXPO slump

Finance Markets / Latest Activity

Following a slump in 2016, hotels in Milan are almost back on par with the hugely successful top and bottom line performance in 2015 when the city was flooded with visitors due to EXPO Milano.

England

May, 2017

Major deals ahead for the Hungarian real estate market

Finance Markets / Latest Activity

It is very likely that business deals in the Hungarian investment property market in 2017 will reach last year's â?¬1.54 billion (HUF 480 million) turnover â?? predicts the Budapest office of CBRE.Â

Hungary

May, 2017

Labor shortage squeezes builders

Finance Markets / Latest Activity

A growing labor shortage in the commercial real-estate industry is driving up the costs of some projects and could complicate lawmakers' plans for a $1 trillion infrastructure-spending program, contractors say.

United States of America

Apr, 2017

Demand a stellar win for hotels sector

Finance Markets / Market Trends

The eastern seaboard markets of Sydney and Melbourne were the standout performers in 2016 with the continued achievement of strong market KPIs against a backdrop of compressing yields.

Australia

Apr, 2017

Low interest rates underpin strata strength

Finance Markets / Market Trends

Strata office deals in the CBD are continuing to set records as owner occupiers take advantage of low interest rates to stake a claim on city real estate.

Australia

Apr, 2017

Downtown Manhattan enjoys significant surge of office leasing in early 2017

Finance Markets / Market Trends

According to JLL, lower Manhattan recorded more than 2.3 million square feet in leasing transactions in the first quarter of 2017

United States of America

Apr, 2017

Investors pump cash into office assets

Finance Markets / Market Trends

Investors are viewing the national office markets as the most attractive place for cash as evidenced by the more than $5 billion of assets that have changed hands in the past year.

Australia

Apr, 2017

150 enquiries, 80 bids, drives 3.24% yield

Finance Markets / Market Trends

Eighty bids from eight bidders pushed the yield on a Deepdene property to a tight 3.24 per cent following a frenetic Teska Carson marketing campaign which attracted more than 150 enquiries.Â

Australia

Apr, 2017

Hong Kong concerned about risks from developer mortgages

Finance Markets / Latest Activity

Hong Kong's de facto central bank expressed concern about the riskiness of mortgages with high loan-to-value ratios issued by developers, as some analysts are warning that property prices in the city are unsustainable.

Hong Kong SAR

Apr, 2017

Capital injection set for Brisbane amid attraction of yield spread

Finance Markets / Latest News

Brisbane's commercial property market is expected to rise on the radar of investors over the next two years as yield compression reaches its peak in Sydney and Melbourne.Â

Australia

Apr, 2017

Diversification drives record $5.4bn quarterly CRE investment

Finance Markets / Latest Activity

The Australian commercial real estate investment market has started the year on a buoyant note, with a record first quarter transaction volume.Â

Australia

Apr, 2017

Can housing bubbles be stopped? Australia's tiny apartments say no

Finance Markets / Market Trends

From Australia to Canada, authorities are learning a hard lesson in their efforts to curb the foreign money flooding their property markets: deterrents quickly lose their punch.

Australia

Apr, 2017

Developers being squeezed between extra funding needs and APRA lending clampdown: HoldenCapital

Finance Markets / Latest Activity

Developers face a tightening squeeze between bank lending shortfalls and an APRA crackdown on mezzanine or â??quasi equityâ? lending, upon which developers are becoming increasingly reliant.

Australia

Mar, 2017

Hotel sector under the spotlight

Finance Markets / Market Trends

The hotel sector has been catapulted into the spotlight with the recent trading activity in the listed Mantra Group.

Australia

Mar, 2017

Home Hub portfolio could reap $400m-plus

Finance Markets / Latest Activity

Retailers Gerry Harvey and Brett Blundy are expected to be in the mix of interested parties for the $400 million-plus Home Hub portfolio in Sydney's hills district that is being sold by LaSalle Funds Management.

Australia

Mar, 2017

Leasing deals doubled as government settles in

Finance Markets / Market Trends

New leasing deals signed by the state and federal governments have underpinned a surge in office deals in Melbourne's CBD in the past year.

Australia

Mar, 2017

$US1.7 trillion set to enter global real estate

Finance Markets / Latest Activity

The stronger economic growth, forecast for the coming year and the availability of debt capital are expected to drive global capital flows in 2017, with $US1.7 trillion of "dry powder" available to deploy in real estate this year, according to the CBRE Global Investor Intentions Survey 2017.

United States of America

Mar, 2017

Germany overtakes UK as most active European commercial property market

Finance Markets / Market Trends

Germany overtook the UK as the most active commercial property market in Europe in 2016 with transactions totalling â?¬59 billion, according to the latest research.

Germany

Mar, 2017

Developers hunker as banks turn off dollar tap

Finance Markets / Latest Activity

Developers are hunkering down as the housing sector faces a tsunami of warnings from regulators and banks.

Australia

Mar, 2017

Asia Pacific property investors seeking yield spreads, interest in Vietnam rising

Finance Markets / Latest Activity

According to CBRE's Asia Pacific Investor Intentions Survey 2017, Asia Pacific real estate investors will be motivated by fundamental investment objectives, including seeking favorable yield spreads and adopting higher risk/return strategies.

Australia

Mar, 2017

Could lower growth targets hinder property loans in Vietnam?

Finance Markets / Latest Activity

Leading lenders still see real estate as potentially risky area.

Australia

Mar, 2017

Education leasing up 200% on previous 12 months

Finance Markets / Latest Activity

Melbourne CBD's education sector continues to grow with the total amount of space leased in 2016 up over 200 per cent on the previous year, according to a Savills Research survey, while recent hikes in land taxes has exacerbated stock level shortages and put increasing upward pressure on rents.Â

Australia

Mar, 2017

Leasing Ladder

Finance Markets / Latest Activity

Task Exchange P/L has leased a 41 sqm office at Suite 204, 110 Pacific Highway from Eldon Ventures P/L. The lease term is two years. Julie Hilder, Aspace Estate Agents.

Australia

Mar, 2017

Consolidations, Relocations Driving Hong Kong Office Demand in 2017

Finance Markets / Market Trends

According to JLL's latest Hong Kong Monthly Market Monitor, despite office leasing activity slowing around the lunar New Year holidays, the Grade-A office market still recorded a number of notable transactions in January 2017. A

Hong Kong SAR

Mar, 2017

Chinese investors could exit US in favor of Asia

Finance Markets / Latest Activity

The days of yuan depreciation may be over.

United States of America

Mar, 2017

Melbourne city bank branches are on the move

Finance Markets / Latest Activity

The Commonwealth Bank will relocate its Flinders Street branch to a smaller store about 50 metres further down the street, the latest in a wave of bank branch moves.

Australia

Feb, 2017

Improved fundamentals to drive next wave of industrial & logistics growth

Finance Markets / Latest Activity

The industrial & logistics sector has emerged as the surprise performer of Australia's commercial property market, with stabilising rents and projected growth providing compelling investment conditions for the year ahead

Australia

Feb, 2017

Hong Kong Developers Advance Ahead of City's Budget Speech

Finance Markets / Latest Activity

Hong Kong property stocks extended gains ahead of the city's annual budget speech on Wednesday, as some analysts anticipated announcements that would benefit developers

Hong Kong SAR

Feb, 2017

Dublin sees 2.7 million sq ft of office take-up in 2016

Finance Markets / Latest Activity

It has been another strong year for office demand, with 2.7 million sq ft of office space occupied in the last 12 months across 232 deals.

Ireland

Feb, 2017

Fringe sales on investors' minds

Finance Markets / Latest Activity

Investors are turning their attention to the city fringe as they seek higher-yielding bricks and mortar.

Australia

Feb, 2017

British agricultural land values set to rise 5.5% over next five years

Finance Markets / Latest Activity

The value of farm land in Britain has increased by 149% in the last decade and growth of 5.5% is forecast for the next five years.

England

Feb, 2017

BNP rents Taikoo Place at HKD 50 psf

Finance Markets / Latest Activity

Bank BNP Paribas, who rents multi-storey at Phase 3 of Exchange Square in Central, has recently completed the pre-leasing of a number of commercial buildings in Taikoo Place in Quarry Bay, including Dorest House, covering a total of about 90,000 sq ft, at a rent of HKD 50 per sq ft, only 40% of the rent of Exchange Square.

Hong Kong SAR

Feb, 2017

Leasing Ladder

Finance Markets / Latest Activity

The Attic Group has leased a 1891 sq m site at Unit 2/12 Frederick Street from DEXUS Property. The lease term is three years. Brad Sutton, Sutton Anderson.

Australia

Jan, 2017

Back to the future as yields top 2007 peak

Finance Markets / Market Trends

Australian commercial property values reached an all-time high by the end of 2016, out-pacing the levels achieved in 2007 on the eve of the global financial crisis.

Australia

Jan, 2017

Investment in Aust industrial property surges 70% in 2016

Finance Markets / Latest Activity

The Australian commercial real estate investment market recorded total investment volume of $9.7bn in Q4 with 2016 volumes reaching $30.1bn up slightly from $29.9bn in 2015. Â

Australia

Jan, 2017

Foreigners dominate with 39.5% of $26.9b spend

Finance Markets / Latest Activity

National investment down on last year but up on long term averageÂ

Australia