Vol 13. No.108

Friday 15 June 2012

Economic Overview


Current +/- Movement
$AUS/$US 99.47 -0.04

Cash Rate 3.50 Steady   
90 Day Bill 3.53 +0.01

10 Year Bond 2.960 -0.118

ASX 200 4042.2 -21.6


Victoria

Access Altona Industrial Facility Sold (AFR Pg.46)
  • The Australian Ballet has acquired a 9,840m² industrial facility at the Access Altona Business Park for $10 million ($1,106/m²).
  • Australand is developing the project which is due for completion in December 2012.

Queensland

Brisbane Commercial Market Update (AFR Pg.46)
  • Research indicates the vacancy rate for commercial space in Brisbane over the past 18 months has almost halved to approximately 6%.

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