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South Australian market update 2024 September Quarter - REISA

REISA CEO, Andrea Heading said that while the high interest rates and the traditionally slower third quarter had impacted upon the volume of sales, optimism and consumer confidence in the real estate market remained robust.

New South Wales (NSW)

People

Belle property expand into Snowy Mountains and merge with Henley Property

Belle Property, announce that Belle Property Canberra has merged with the leading Snowy Mountains real estate business, Henley Property

National Australian Capital Territory (ACT)Canberra

People

REIA announces Scott Rollason new CEO

The Real Estate Institute of Australia (REIA) has appointed Scott Rollason as its new CEO, commencing on November 14.

National

The Economy

Where are the opportunities - Ray White

By Nerida Conisbee, Ray White Group, Chief Economist.

Queensland (Qld)Brisbane Gold Coast Sunshine Coast

The Economy

Future of housing in new hands; REIQ remains hopeful

REIQ CEO Antonia Mercorella expressed optimism at the appointment of dedicated ministers for home ownership and housing – critical roles given the crises in our state.

New South Wales (NSW)

People

ASX listed Elders network acquire leading Tamworth agency

Elders expanding their footprint, with the acquisition of Ray White Tamworth, commencing 1 November 2024 welcomed, Ryan Robinson, Elders State General Manager NSW.

Queensland (Qld)Gold Coast

People

Andrew McCulloch steps up as new owner of Ray White Shore Group

Ray White announce the one and only Andrew McCulloch has become the proud new owner of Ray White Shore Group on the Gold Coast.

National New South Wales (NSW)Sydney

The Economy

Sydney home values slip in October as market cooldown continues - CoreLogic

CoreLogic’s national Home Value Index (HVI) recorded a 0.3% rise in October, the 21st month of growth since the cycle commenced in February last year, says CoreLogic’s research director Tim Lawless.

New South Wales (NSW)Sydney

Featured Property

Cox Architecture Balmoral for sale - Ray White

22 Coronation Avenue Mosman for sale by Geoff Smith and Vincent Wong of Ray White Lower North Shore is around 350m from the beach, with views all the way to Manly.

Victoria (Vic.)Melbourne

Featured Property

Modern farmhouse Kinross Mount Martha for sale - Marshall White

19 Century Drive Mount Martha for sale by Chelsey Gibson and Tristan Wyse of Marshall White delivers harmonious coast-meets-country-inspired liveability.

Pages

News Roundup

https://www.theaseandeveloper.com/2020/10/12/tokyo-style-da-approved-surry-hills-site-sale-colliers/1602476713

Tokyo style, DA Approved Surry Hills Site for sale by Colliers

Colliers International’s Miron Solomons and Matt Pontey are handling the sale of an approved commercial development site designed by award winning architect William Smart of Smart Design Studio.

The ASEAN Developer

https://www.commo.com.au/properties/2020/10/10/sydney-city-fringe-vacant-%E2%80%9Cold-fitzroy-hotel%E2%80%9D-sale-and-licence-jll/1602292023

Sydney City Fringe vacant “Old Fitzroy Hotel” for sale and Licence JLL

Peter Seeto and John Romyn of JLL Metropolitan Sales & Investments offer via Expressions of Interest the Freehold of the Proudly Positioned “Old Fitzroy Hotel” For Sale with three street frontages and northerly aspect, moments from Kings Cross Station and the Sydney CBD.

Commo.

https://www.retalkasia.com/news/2020/10/09/colliers-international-appoints-new-managing-director-japan-business/1602222030

Colliers International appoints new Managing Director for Japan business

Yukihiro Ogasawara has been appointed as the Managing Director and Chairman of Colliers Japan

Retalk Asia

https://www.thehotelconversation.com.au/news/2020/10/10/wa%E2%80%99s-pubs-and-hotels-shine-despite-national-challenges-says-jll/1602288842

WA’s Pubs and Hotels shine despite national challenges says JLL

Western Australia's demand in consumer spending increases with Perth CBD staycations exhibiting resilience in the market, says JLL’s Hotels & Hospitality Group, Senior Executive, Chloe Mason.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/10/08/aussies-more-likely-miss-workplace-banter-other-markets-atlassian/1602109519

Aussies more likely to miss workplace banter than other markets: Atlassian

New research from Atlassian finds that Aussies are reporting increased job satisfaction while working remotely, despite spending more time coordinating and reporting to clients or managers.

The Business Conversation

https://www.theindustrialist.com.au/news/2020/10/08/gold-coast-warehouse-sold-centuria-industrial-reit-43-million-colliers-jll

Gold Coast warehouse sold to Centuria Industrial REIT for $43 million - Colliers & JLL

Centuria Industrial REIT has acquired an expansive cold facility in Ormeau, Queensland, for $43m on an initial yield of 5.5 per cent in a deal negotiated by Colliers International's Simon Beirne and Gavin Bishop, and JLL's Tony Iuliano and Gary Hyland.

The Industrialist

https://www.commo.com.au/news/2020/09/24/nsw-announces-extension-support-commercial-businesses/1600919286

NSW announces extension of support for commercial businesses

The NSW Government has announced the Retail and Other Commercial Leases (COVID-19) Regulation that was set to expire on 25 October 2020 will now be extended to 31 December 2020.

COMMO

https://www.theindustrialist.com.au/news/2020/09/10/tight-vacancy-underpinning-strong-east-coast-industrial-and-logistics-performance

Tight vacancy underpinning strong east coast industrial and logistics performance in 2020 - CBRE

MARKETS SEP 10, 2020 Tight vacancy underpinning strong east coast industrial and logistics performance in 2020 - CBRE CBRE's Industrial & Logistics Vacancy H2 report has shown while Australia and the World’s economies have felt the impact of the global pandemic, the Industrial and Logistics market has been moving from strength to strength.

The Industrialist