Luxury Retailers Targeting Melbourne

Luxury Retailers Targeting Melbourne

Following the purchase of Harbour Town, AsheMorgan has been keeping an eye on the continually changing retail environment of Melbourne. One key observation is that the number of luxury retailers opening or expanding their store network across Melbourne’s CBD increased…

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Overseas Investor Demand

Overseas Investor Demand

Australian CBD office transactions sales activity has been relatively subdued over the first 9 months of 2012 when compared with the very active 2011 calendar year, with Knight Frank data showing investment activity totalling $3.09 billion from 41 transactions (over…

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Budget Overview – May 2015

Budget Overview – May 2015

Overview The Federal Government has delivered a ‘safe’ budget with the budget balance (forecast to be $35b in 2015/16) continuing to be impacted by the weaker economic parameters. The Government has been cautious not to take too much more out…

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Online Retail

Online Retail

The growth in online retailing as a percentage of total retail spending has had a significant impact on both the retail and industrial sectors in recent years. Retailers and retail landlords have needed to adapt to this structural change and…

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Property Market Dynamics

Property Market Dynamics

Recent benchmark CBD office sales that have occurred have implied a degree of yield compression for “trophy” or newly constructed prime, passive assets. In Sydney, the recent internal transfer sale of 126 Phillip Street (6.35% core yield) implied up to…

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What’s In Store for 2015?

What’s In Store for 2015?

As we dust off our successes of 2014 and head into the new year, it is almost prudent to see what property experts predict is in store for 2015. Following a year of record low interest rates and some good market growth…

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