Office Prices to Peak in 2018 Australia’s strengthening economy, fueled by strong business conditions in the finance, business and property sectors, is expected to drive further demand for office space in Australia’s eastern seaboard states so as to support office-based employment growth. In Sydney’s office market, where supply has dwindled due to the unprecedented withdrawal […]
Read Full StoryForeign Buyers and Residential Market
Posted date: January 18th 2018 . Author Gregory Preston .
In stark contrast to the large influx of foreign buyers entering Australia’s residential property market over the 2016-17 period, the start of 2018 began with new figures indicating demand from foreign buyers have dropped off over the past months as a result of various tax changes and credit restrictions from both Australian and overseas policy […]
Read Full StoryTracking Yield and Discount Rate Compression
Posted date: November 2nd 2017 . Author Gregory Preston .
Preston Rowe Paterson Sydney is monitoring investment real estate yield and discount rate (IRR) compression. In the recent decreasing interest rate, environment yield and discount rate (or IRR) compression has become a commonly accepted phenomenon. What will be the impact of risk free rate and debt cost increases? Greg Preston, speaking at the Core Property […]
Read Full StoryTenant Wellness- Driving Investment Returns
Posted date: November 2nd 2017 . Author Gregory Preston .
Patrick Cooper of Preston Rowe Paterson Sydney believes that tenant retention is fundamental in today’s market. Landlords and property owners are moving towards incorporating tenant wellness features into existing and new office spaces to modernise the ongoing tenant experience in office assets. In recent times, more time has been invested into acquiring a deeper understanding […]
Read Full StorySustainability Front of Mind
Posted date: November 2nd 2017 . Author Gregory Preston .
Tina Nguyen, Lead Researcher at Preston Rowe Paterson Sydney, and Patrick Cooper, Team Lead of Property Asset and Facilities Management, have recently taken a snapshot of sustainability in the built environment in Australia. Climate change is a phenomenon that continues to impact Australia through the challenges it presents, not only through its impact on society, […]
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