I read earlier this week..overseas retailers are moving in...and commercial rents have been increasing....
but since that information goes against the bears attitudes.... it will mean little to most here.... never the less.....its far from doom and gloom out there...
....................extracts... THE virtues of investing directly into property by asset acquisitions or indirectly through real estate investment trusts have been brought to the fore with two reports indicating that bricks and mortar win every time.
But size does matter, with high net-worth investors able and willing to buy directly, while smaller investor err towards the REIT sector.
According to Emerging Trends in Real Estate Asia Pacific 2012, from PricewaterhouseCoopers and the Urban Land Institute, overseas investors are pouring cash into the Sydney and Melbourne commercial property market through acquisition of office blocks and shopping centres.