Welcome to February 2009 edition of the realcommercial.com.au newsletter - Issue One

	Review of 2008 and outlook for 2009 The global economic outlook for 2009 comes with much greater than normal uncertainty. Pressure to reduce debt levels means that there is a risk the economic slump could drag into 2010, but this may not be the case.>More
	Occupancy down in seven out of ten major hotel markets in Australia In the latest release from the ABS for the September quarter 2008, the overall trend is a widespread fall in occupancy in Australia’s hotel markets. >More
	Retail turnover – winners and losers as spending slows Retail turnover grew by 1.9% in trend terms in the year to November 2008. This is the slowest annual trend growth recorded since the series commenced in 1984. >More
	Huge Gulf tower plans delayed If there was ever a sign the red-hot economies of the Gulf have taken a turn for the worse, it was Dubai property giant Nakheel's decision recently.>More
	Non-residential building approvals - second monthly downturn confirms construction contraction Building approvals data points to a sharp slow-down in non-residential during 2009. >More
	Reed unveils $400m Big Top Reed Property Group has lodged an application to develop a $400 million mixed used project in the heart of Maroochydore on the Sunshine Coast.>More
	Centro battens down after debt deal Centro Properties Group will focus on tenant bankruptcies and potential rent cuts in its shopping malls after refinancing its debts. >More
	Colonial First State Retail refinances $125m debt Shopping centre owner Colonial First State Retail, which ranks as a top performer among listed trusts, recently refinanced $125 million of debt with a local bank for another two year>More
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November 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008