Thu, Nov 27, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Emerging Trends, Finance more

Australian retail properties expected to lose value on sagging confidence

Posted on 19 October 2011

Australian retail property values and rents are expected to fall over the coming year as slumping business sentiment and weak consumer confidence weighs on demand, a National Australia Bank Ltd. (NAB) survey showed.
Retail property values will lose 1.3 percent by September 2012, and rental returns will drop by 0.9 percent, the survey found. That compares with expectations of a 1 percent gain in office values and a flat outlook for industrial properties, according to the report……………………………………….Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930