Independent analysis by Raine & Horne Commercial, confirms Australia’s commercial property market is experiencing boom conditions.
Raine & Horne Commercial Insights was released in April and provides a deep dive into commercial real estate markets across Australia, with commentary from some of the firm’s leading local area experts.
Angus Raine, Executive Chairman, Raine & Horne told Transport and Logistics News that: “High sales volumes are being driven by low interest rates coupled with intensifying demand from self-managed super funds, overseas investors and business owners looking to purchase their premises.
Market conditions are most buoyant in those areas where major infrastructure projects are either underway or completed. “The wealth of infrastructure developments across many parts of the country is having a major impact on commercial property values, yields and vacancy rates. In conjunction with historically low lending rates and incoming changes to superannuation, interest in commercial properties is coming from a range of investors – both local and offshore, as well as small to medium businesses seizing opportunities to own their premise,” said Angus.
“The detailed analysis of Raine & Horne’s commercial property experts across Australia makes our Commercial Insights Report a rich source of information on the state of metropolitan and regional commercial markets nationally. It is a valuable resource for self-managed super funds, business owners and investors seeking healthy yields in a low return environment.