Seven 7-Eleven convenience stores and service stations in NSW were bought at a Sydney auction in August by private investors for a combined total of $33.085 million, with a benchmark yield of 3.85 per cent and average yield of 4.6 per cent (The Urban Developer). The properties sold by the BRW Rich List Withers & […]
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Frenzied auction, low retail yields – can they be repeated with individual sales?
Posted date: October 8th 2014 . Author Gregory Preston .
Unlocking development potential above shopping centres
Posted date: October 8th 2014 . Author Gregory Preston .
Recent decisions by large organisations, Federation Centres and GPT Group, reflect the suggestion that plans to develop air rights and extend retail shopping centres to include residential developments and hotels are becoming increasingly popular. Presenting as a viable opportunity to combine entertainment facilities, food courts, hotels and residential apartments; the expansions appeals to visitors and […]
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Image source: Sydney Business Park
Demand for industrial space expected for the North West
Posted date: October 7th 2014 . Author Gregory Preston .
After being cited as a ‘growth area’ by the government in the infrastructure plans of the 2014-25 NSW Budget, demand for industrial space in the North West is expected to grow. Recent Preston Rowe Paterson reports suggest there have been significant leases signed to industrial properties over 1,000sqm in the rental market. Macquarie Park emerged […]
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Preston Rowe Paterson feature in the Yardi ANZ Spring Newsletter
Posted date: September 2nd 2014 . Author Gregory Preston .
We are pleased to announce that Preston Rowe Paterson recently featured in the Yardi ANZ Spring Newsletter published September 2nd, 2014. Yard is an exciting and valuable move for Preston Rowe Paterson and is expected to be fully operational within our Property Management, Asset Management & Facilities Management team by November 1st, 2014. To learn […]
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Yardi press release on Preston Rowe Paterson features on MarketWatch, Business Wire & Yahoo
Posted date: August 27th 2014 . Author AdminSydney .
We are pleased to announce that Yardi have written a press release on Preston Rowe Paterson Sydney that has featured on MarketWatch, Business Wire, the Yardi international and national site and Yahoo. The MarketWatch press release can be found here. Alternatively, you can read the press release below as published by the Business Wire. We […]
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