James Mirtschin

BTR INSIGHT I Why square metre rates fall short in BTR Tenants pay more for the right floor plan. So why does BTR still base its financial modelling on the build-to-sell measurement of square metre rates? In some instances, we have seen developers miss out on an average $150 per apartment across a building using this method. We have an alternative that considers how to meet funding requirements during lease-up, generate revenue long-term and manage the long-term costs of a BTR project. Find out more here - https://buff.ly/4fcdz9f #infoliopropertyadvisors #buildtorent #projectleasing

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On 6th Sept 2024, URA had published a notice on the proposed amendment to the 2019 Master Plan, that a high-rise residential development will be built on the former Selective En bloc Redevelopment Scheme (Sers) site in Redhill Close. Under this amendment, 3 housing plots with plot ratio ranging from 3 to 4.2 will be adjusted and amalgamated into a single site of about 4.9ha and a plot ratio of 4.9. #sgrealestate #singaporerealestate #singaporeproperty #realestate #housing #realestatecareers #propertybuying #propertyinvestment #skillsfuturesg #upskill

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The recent interest rate cuts could mark the start of a recovery in residential property market activity. Compared to Q4 of 2023, home loan applications jumped by 30%, while the QOQ increase was impressive at 18%. Notably, the BetterBond index was 11% stronger in October than in Q4 of 2019, just before the Covid pandemic. With the sharp decline in CPI and PPI, further interest rate cuts are on the cards, with economists predicting a drop of 50 basis points soon. #MarketRecovery #BetterBond #RealEstate

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APJ'S daily wrap up of #alternativerealestate and #commercialproperty #investmentsales, as well as leasing transactions across Australia. #RetailLeasing #IndustrialLeasing #OfficeLeasing #CRE #commercialrealestate

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Housing Affordability Plummets to its lowest point in almost Three decades - Real Estate Institute of Australia Over the June quarter 2024, housing affordability in Australia declined to the lowest point since REIA monitoring began in 1996. REIA President, Leanne Pilkington said the analysis from REIA’s latest Housing Affordability Report shows the average loan repayment now amounts to 48.1% of the median family income, 1.3 percentage points more than last quarter. “The report highlights the impact interest rate increases and rising inflation have had on Australians in regards to both rent and home ownership.” Ms Pilkington said that while Victoria saw a marginal improvement, and small improvements were also seen in the Northern Territory and the Australian Capital Territory, housing affordability declined in all other states. Read more on The Real Estate Conversation https://lnkd.in/gvbpe-Kf Real Estate Institute of Australia Leanne Pilkington The Real Estate Conversation Richard Simpson Hannah Gill Jacob Caine Cain Cooke Maria Edwards Andrew Bell OAM Olwyn Conrau Victoria Peisley Pete Matthews #reia #leannepilkington #reiamarketreport #australianrealestatemarket #realestatenews #realestate #housingaffordability #realestateaustralia #australianrealestate

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Bayleys’ latest 2024 development land report highlights that despite a downturn across the property markets, prices for land in sought-after locations have been surprisingly resilient. Surging migration is also driving up rent and investor activity. Click below to discover more trends in the full report. https://lnkd.in/gGxXNTy3 #BayleysCommercial #BayleysInsights #DevelopmentLandUpdate #NewZealand

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New Zealand commercial real estate lease lengths increase, led by the office sector. 🏢 2024 marks a year of cautious optimism for NZ commercial real estate. The latest NZ State of CRE Leasing Report reveals a notable shift towards longer lease agreements across various asset classes. Key findings: - Office Average Lease Lengths Rise by 29%  - Growing Preference for Extended Office Lease Terms  - 5 to 10-Year Office Leases Increase by 56% What do these longer lease terms hold for both landlords and tenants? Learn more and download the full report here: https://lnkd.in/gkCRM3yE #MarketLens #CRE #NewZealand #LeaseLengths #IndustryTrends #CommercialProperty #FlexibleLeaseTerms #FutureOfWork #CommercialRealEstate

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Bayleys’ latest 2024 development land report highlights that despite a downturn across the property markets, prices for land in sought-after locations have been surprisingly resilient. Surging migration is also driving up rent and investor activity. Click here to discover more trends in the full report https://lnkd.in/gGxXNTy3 #BayleysCommercial #BayleysInsights #DevelopmentLandUpdate #NewZealand

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Buyers have plenty of options this spring. The latest data from realestate.co.nz suggests a favourable market for property seekers, driven by unprecedented price stability and high numbers of houses on the market. National average asking prices have remained flat for nearly two years, offering buyers and sellers a rare degree of market certainty. Read the full report here. https://lnkd.in/guEcGJuM

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https://lnkd.in/gnvXRP-2 In the latest issue of Commercial Property Executive, there are several thought-provoking statements in a column by Sabina Reeves FRICS FRSA of CBRE Investment Management. The first is a quote from John Kenneth Galbraith: "The only function of economic forecasting is to make astrology look respectable." The other is from the author herself, "I wonder if we are all too swept up in the immediate, near-term rate outlook and have lost sight that for the long-term outlook for real estate performance, what matters is the new normal interest rate regime." These may be particularly appropriate as discussion heats up about interest rate cuts as there was at least a small break in the latest CPI numbers!

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June Dwelling Approvals Drop Amid High Demand Despite this decline, housing demand remains strong, driven by strong population growth and a tight rental market. This mismatch between supply and demand continues to put upward pressure on property prices, highlighting the ongoing challenges in balancing the housing market. #realestate #propertyinvestment #housingmarketaustralia

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As Valuers, the most common questions we hear are, "Where is the best place to buy?" and "What is the property market like at the moment?" CBRE's latest Residential Valuer Insights Report Q4, 2024 features responses from CBRE Valuers over the past four quarters, providing a robust and detailed view of market trends over time and a comprehensive look at the market landscape in Australia. Whether you're in the property industry, a buyer, seller, or just curious about the property market, this report is your go-to resource for information on the Australian Residential Property Market. Key highlights include: - Active buyers - Change in supply and demand in the last 3 months - Expected value moment in the next 12 months - Supply and Demand Forecast Stay ahead of the curve and stay informed with CBRE's Residential Valuer Insights Report, Q4, 2024! Click the link below to view the report. https://lnkd.in/gUJiS_yf Kat Hale FAPI CPV FRICS, Sameer Chopra, Izzy O'Hara #RealEstate #PropertyMarket #Valuations #MarketInsights #CBRE #RealEstateTrends #PropertyInvestment #Residentialvaluations #VASCBRE

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The Build-to-Rent (BTR) sector in Australia is evolving, offering new opportunities for real estate professionals. In a recent Ray White Commercial webinar, experts highlighted several key insights: Emerging Asset Class: BTR is gaining traction in Australia, transitioning from traditional mum-and-dad investors to institutional landlords. This shift introduces large-scale, purpose-built rental accommodations, enhancing the rental market's professionalism. Government Support: In response to the housing crisis, governments are introducing subsidies and tax incentives to attract offshore investments in BTR projects. These measures aim to boost housing supply and provide more rental options. Development Challenges: Despite growing interest, BTR projects face hurdles such as scale requirements and market familiarity. Many developers still prefer build-to-sell models due to established funding and banking practices. As BTR continues to develop, real estate professionals should stay informed about these trends to leverage emerging opportunities in the rental market. Click the link to read more. ⤵️ https://elite.ag/h5ymrz #realestate #eliteagent #eliteagentmag #realestateagent #BuildToRent #RealEstateAustralia #PropertyDevelopment #HousingMarket

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Bayleys remains a standout brand amid one of the toughest real estate markets this century. With 2024 nearly wrapped, attention shifts to 2025, where economic indicators suggest a revitalised commercial property market ahead. Click below to read the full Total Property article. https://lnkd.in/gp8QEFE9 #TotalProperty #BayleysCommercial #BayleysInsights

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Commercial real estate sentiment at highest level since Q2 2022 - Knight Frank Australia Overall corporate real estate leader sentiment is at its highest level since Q2 2022, based on Knight Frank’s latest survey results. The Global Corporate Real Estate Sentiment Index. The survey for Q4 2023 found overall sentiment was at 34.28%, which was the highest level since Q2 2022 and a 2.45% increase from the previous quarter. Knight Frank Chief Economist Ben Burston said the research showed improved sentiment was steadily increasing as corporate occupiers respond to an improving global economy and implement their evolving workplace strategies.   Knight Frank Head of Global Portfolio Solutions Australia Francesco Demarco said that whilst there were expectations of a stabilising global economy, largely due to cooling inflation, in Australia 2024-2025 was still likely to be a period in which businesses were focused on driving company performance through greater efficiencies, including through the optimisation of real estate portfolios.   “Effectively, we’re seeing companies trying to ‘do more with less’,” he said.   Mr Francesco Demarco added that within workplaces, occupiers were starting to create more ‘sanctuary zones’ to potentially address the productivity issue.   Read more insights from Francesco Demarco published on COMMO linked below: James Patterson RETalk Asia The ASEAN Developer Vanessa De Groot Sarah Clark #knightfrank #office #officedesign #officeleasing #australianrealestate #australianproperty #realestate

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Australia’s property market sees apartments outperforming houses, regional growth booms, and new housing legislation impacts. Explore the latest trends, insights, and forecasts shaping the market in this week’s roundup! https://lnkd.in/gBARiqzH https://lnkd.in/gEeVE6f6 https://lnkd.in/gYVcwHkB https://lnkd.in/gXHFdGPT https://lnkd.in/gzVNpdMk #Hotspotting #TheWeekInRealEstate #RealEstateInsights #MarketTrends

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