THE PROPERTY DEVELOPMENT REVIEW
What are your expectations for the commercial property market over the next twelve months? Still a positive outlook for the commercial market, given recent interest rate rises we foresee some of the buyer demand subduing, however well-located, well leased assets will still be in high demand, particularly in the inner metro sub $5 million market, with purchasers still searching for secure returns on their investments.
Talk us through the most significant deals you have transacted thus far in 2022 The 4.9% sale of Mobil X-
Convenience on Brighton Road, this is the lowest yielding X-Convenience sale record. Additionally, the sale of 72 Wright Street Adelaide selling at a low yield of 4.19% was also significant.
August / September 2022 – 93
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