Vol 13. No.95

Monday 28 May 2012

Economic Overview


 Current +/- Movement
$AUS/$US 97.57 -0.14
Cash Rate 3.75 Steady   
90 Day Bill 3.54 +0.07
10 Year Bond 3.193 +0.085
ASX 200 4029.2 -26.6

New South Wales

North Sydney Office Lease (SMH 26-27 Pg.55)
  • Hawcroft has leased 110m² of commercial space at 275 Alfred Street, North Sydney under a three year term for $475/m² gross.
Darlinghurst Office Lease (SMH 26-27 Pg.55)
  • Grand Circle Corporation have leased a 150m² office at 80 William Street, Darlinghurst under a four year term for $400/m² gross.
Mascot Office Lease (SMH 26-27 Pg.55)
  • Link Tec has leased a 71m² office suite 8/710 Botany Road, Mascot under a two year term for $211/m² gross.
Surry Hills Showroom Lease (SMH 26-27 Pg.55)
  • Spence & Lyda have leased a 754m² showroom at 184 Chalmers Street, Surry Hills under a five year term for $478/m² gross.
York Street Office Lease (SMH 26-27 Pg.55)
  • Waterfall Investments have leased 1,194m² of commercial space at 56 York Street, Sydney under a five year term for $450/m² gross.
Sydney Auction Clearance Rate Result (www.propertyobserver.com.au)
  • Research indicates Sydney achieved a auction clearance rate of 56.6% over the weekend.

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