Vol 12. No.239

Thursday 22 December 2011

Economic Overview


 Current +/- Movement
$AUS/$US 100.92 -0.10
Cash Rate 4.25 Steady  
90 Day Bill 4.45 +0.01
10 Year Bond 3.930 +0.055
ASX 200 4139.5 +86.4

National

Commercial Property update (AFR Pg.22)
  • New figures indicate that up to December 16 this year, foreign investors had accounted for 37% of the $9.8 billion of commercial property deals in Australia for transactions over $20 million.
  • The level of foreign investment is the highest in 20 years.
  • Asia recorded the strongest proportion of foreign investmest accounting for 51%.
  • Domestic superannuation funds, wholesale funds and unlisted property trusts accounted for 21% of market activity.
  • Commercial office assets were the most active representing 64% of all transactions.

Sources: As above
Disclaimer: All representations and information contained herein are made in good faith. The Information in this report contains material from other sources. Landsburys Property Pty Ltd has not checked those sources and accepts no responsibility for the accuracy for that information. The information contained in this communication is strictly confidential and intended solely for the use of the recipient/s. If you are not the intended recipient of this information, please delete and notify Landsburys Property Pty Ltd. Intended recipients should not copy or distribute this material without the authority of Landsburys Property Pty Ltd.

Previous Daily Wrap's

 

Research & Advisory

  • Market Demand Studies
  • Highest & Best Use Studies
  • Development Feasibilities
  • Tender Support
  • Product Analysis
  • Distressed Property Evaluations
  • Valuation Evidence Packs
  • Demographic Studies

Valuations

  • First Mortgage Valuations
  • GST Valuations
  • Unit Entitlements
  • Acquisitions
  • Land Tax & Rating
  • Evidence of Value
  • Internal Reporting
  • Stamp Duty