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Commercial property sales boomed through 2021, with big investors chasing security and yield setting a new benchmark of $71 billion in transactions.
OFFICE
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Bullish foreign raiders put a floor under the falling transaction tally in the commercial property sector during the first three months of 2021.
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Just 35% of Melbourne CBD offices were occupied in March, the Property Council of Australia (PCA) says.
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The uptake of CBD office space could fall by 15 per cent in 2021 as more city workers include remote working in their routines.
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Office owners face the grim prospect of seeing their glittering properties lying underused.
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A swath of properties across the healthcare, office, hotel and service station sectors are being offered and snapped up.
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A $1.5 billion property fund is waiting to pounce on distressed buildings as the COVID-19 crunch further disrupts Melbourne’s commercial property market.
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Investors have pumped $2.2 billion into the listed property sector in a sign of renewed hopes around a successful coronavirus vaccine trial.
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A survey produced by EY and the Urban Land Institute forecasts that the COVID-19 pandemic will have a significant impact on global demand for office space.
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More Australians are heading back to their city offices as COVID-19 restrictions ease and the number of cases of the virus in the community subsides.
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The lower for longer interest rate environment has led to a resurgence of investors to the market as they look to buy higher-yielding assets in preference to st…
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Not everyone wants the workplace to return to exactly where it was before the pandemic took hold.
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Join Steve Douglas as he discusses:
- Global financial markets, issues & influence on our daily lives;
- Australian property markets, driving factors and has it peaked?
- International markets review & forecast;
- Australian Dollar review & prediction;
- Interest rates…
Join Steve Douglas, Executive Chair and Julie Kelley, Sales & Marketing Manager as they answer your burning questions during the 'Australian Residency and Tax Changes & Implications To Expats' webinar.
You can also book a FREE 20 minute tax consult by emailing smats@smat…
Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
“The Government will replace the individual tax residency rules with a new framework that is easy to understand, provides certainty and reduces compl…
We trust this seminar gives you a clearer understanding of the Australian Budget Announcements including:
• How Covid19 has impacted the Australian Government’s federal finances
• Measures the Government intends to undertake to reinvigorate the Australian economy
• Latest taxatio…
Australian property prices look to be on a rocketing path, with first home buyers, low-interest rates and FOMO (fear of missing out) fueling the demand for the start of 2021.
However, with stimulus packages coming to an end, and international borders remaining closed, can this ex…
For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process.
The Australian taxation system is extremely complex and taxes residents worldwide income.
Thankfully, legal and sensible tax …
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