Investment News

A former brothel site in North Queensland will be converted into a business devoted to preventing any sparks from flying.

Commercial agency Burgess Rawson witnessed a ”flight to quality” across its three-day portfolio auction this week, with investors turning to the tried and tested childcare, retail and medical assets.

Healthcare assets have proved their resilience during the pandemic, so much so that they are being regarded as a gold signature asset for investors.

Bunnings landlord, BWP Trust, has flagged that the value of the much-loved hardware stores will keep on rising as the property group delivered solid annual results with its portfolio rising to $3bn.

The rent and construction crisis has sparked a surge in owner-occupiers driving up prices in the commercial market to secure property they’d otherwise have to wait up to year for.

Before 2020, offices were the undisputed asset of choice with commercial real estate investors. Cue the pandemic and the rise of remote working, and demand to buy offices fell off a cliff. Since this time, …

Despite interest rate rises scaring off some buyers, the Burgess Rawson portfolio auctions proved many are still prepared to pay a premium for essential service assets with long lease terms.

Aware Super has flagged big ambitions to grow its local property operations by tapping a new chief to run its property operations as the fund heads towards $250bn.

Developers working on specialised projects are finding it increasingly difficult to obtain credit from Australia’s risk-averse large bank lenders in the face of rising interest rates.