Vol 13. No.137

Monday 30 July 2012

Economic Overview


 Current +/- Movement
$AUS/$US 104.83 +1.45
Cash Rate 3.50 Steady   
90 Day Bill 3.57 +0.02
10 Year Bond 2.918 +0.161
ASX 200 4209.8 +62.1

New South Wales

North Sydney Commercial Lease (SMH 28-29 Pg.51)
  • Gillis Legal Services has leased a 40m² office at 122 Arthur Street, North Sydney under a one year term for $400/m² gross.
Surry Hills Commercial Lease (SMH 28-29 Pg.51)
  • Peter Tate has leased a 28m² office suite at 403/55 Holt Street, Surry Hills under a one year term for $714/m² gross.

National

Commercial Property Market Update (AFR Pg.41)
  • Research indicates listings for distressed commercial assets has declined 15% in the first half of 2012 compared to the corresponding half of 2011.
  • 884 distressed assets are currently listed, above the 10 year average of 687.

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