Market outlook
NAB says office markets lead the way in 2012
On Thursday 29 March, Raine & Horne Commercial's Queensland offices combined to host the
annual Raine & Horne Commercial Breakfast Briefing at the magnificent Moda Events Portside
in Brisbane.
In the keynote presentation, Peter Cashmore, Senior Real Estate Equities Analyst, National
Australia Bank, told a packed audience, which included Raine & Horne Commercial CEO Angus
Raine, that office markets around Australia remain the strongest performers in the commercial
property space. Mr Cashmore added, "Office markets are performing well despite volatile financial
markets and a difficult global environment."
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Out and about in Commercial property
| Office |
Address |
Status |
Asset Class |
$ Amount |
| Bondi Junction |
Suite 55, level 5, 61 Marlborough Street, Surry Hills |
Leased |
Commercial |
$172,350 + GST pa |
|
Bondi Junction |
St Augustine?s Church, Balmain |
Leased |
Child care |
$36,500 + GST pa |
|
Bondi Junction |
145 Clovelly Road, Randwick |
Leased |
Retail |
$26,788.92 + GST pa |
|
Penrith |
466-452 High Street, Penrith |
Sold |
Commercial/Retail |
$2,338,000 |
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Raine & Horne Commercial Canberra named
Australian commercial agency of the year
The Real Estate Institute of Australia (REIA) has named Raine & Horne
Commercial Canberra (RHCC) as Commercial Agency of the Year.
[MORE]
Olympic Dam will underpin Adelaide
commercial markets says Raine & Horne
Commercial SA
Unless you've been living under a rock, or down a mine shaft, you'll be
well aware the owner of Roxby Down's Olympic Dam, BHP Billiton, has
been given consent by the Commonwealth, South Australian and Northern
Territory governments to expand the massive copper, gold, uranium and
silver mine.
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