Investors going for Australian commercial property market | 24 January 2013
The Australian commercial property industry is experiencing a resurgence as high net-worth investors, along with institutions and sovereign funds, look to the sector as a safe haven.
According to Australian Unity Investments (AUI), cited by smh.com.au, the market is becoming popular as it is seen as a high-yielding sector.
In addition, low interest rates are helping increase the flow of cash into the market. Low interest rates are especially helpful for investors as they look to ‘avoid holding cash’ and turn it into inflation-proof bricks and mortar.
In terms of property, large-scale shopping venues, office blocks, healthcare buildings and industrial assets are said to be the biggest targets for investment.
Unlisted property funds could also prove to be popular, according to general manager of property, mortgages and capital markets at AUI Mark Pratt.
“Depending on whether the cash rate drops below the current three per cent, term deposits are likely to return between 3.2 per cent and 4.2 per cent, while the unlisted property funds can provide an income return around eight per cent in the coming year.
“On a risk-adjusted basis, unlisted property is an ideal asset class for those investors seeking yield, yet also concerned about their capital stability,” he added, cited by financialstandard.com.au.
The views expressed in this post are those of the author and are not necessarily those of Qube Global Software. All facts are verified where possible directly by the author.
Qube Global Software wins Industry Supplier of the Year Award for 2nd consecutive year | 2 December 2016
Qube Global Software won Industry Supplier of the Year at the News on the Block Property Management Awards for the second year running.
We have partnered with the Facilities Show to host an exclusive webinar on the relationship between facility, property and estate managers and their service providers and contractors.
We are delighted to announce that Qube Global Software has been shortlisted in the Industry Supplier of the Year category at the Property Management Awards 2016, hosted by News on the Block.