A new insurance product that protects against tenant insolvency has recently emerged within the Australian insurance industry. This product is offered exclusively through GSA Insurance Brokers, who provide “Commercial Tenant Default Insurance” to protect property owners against the exposure of tenant default and insolvency. The product is currently available for all types of commercial, retail […]
Read Full StoryPosts Tagged ‘Retail’
Frenzied auction, low retail yields – can they be repeated with individual sales?
Posted date: October 8th 2014 . Author Gregory Preston .
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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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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PRP Sydney releases new research reports.
Posted date: July 26th 2013 . Author Gregory Preston .
Greg Rowe commented that it is encouraging coming into 2013 to see the volume of transactions across all investment and development markets improving relative to the start of 2012. Our monthly transactions in review details a number of notable transactions that support the comment that the markets appear to be improving. PRP Sydney has also […]
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