Vol 13. No.119

Monday 02 July 2012

Economic Overview


 Current +/- Movement
$AUS/$US 102.33 +1.19
Cash Rate 3.50 Steady   
90 Day Bill 3.49 -0.05
10 Year Bond 3.082 +0.122
ASX 200 4094.6 +49.8

New South Wales

King Street Retail Lease (SMH 30-1 Pg.51)
  • Flight Centre Ltd have leased a 97m² retail shop at 75 King Street, Sydney under a seven year term for $2,010/m² gross.
Artarmon Industrial Lease (SMH 30-1 Pg.51)
  • The Digital Centre have leased a 848m² warehouse at 18-20 Punch Street, Artarmon under a five year term for $163/m² gross.
Surry Hills Retail Lease (SMH 30-1 Pg.51)
  • Genesis Hospitality Pty Ltd have leased 70m² of retail space at 437-437 Elizabeth Street, Surry Hills under a three year term for $966/m² net.
North Sydney Commercial Lease (SMH 30-1 Pg.51)
  • EnergyAdvice have leased a 124m² office suite at on the ground floor of 221 Miller Street, North Sydney under a four year term for $430/m² gross.

Queensland

Caloundra South Development Update (AFR Pg.37)
  • The Urban Land Development Authority has approved the master plan of Stockland’s $3.3 billion Caloundra South project.
  • Located on the Sunshine Coast, the project will comprise 20,000 homes to accommodate 50,000 people over the next 20 to 30 years.

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