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Commercial Real Estate News & Knowledge

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Brisbane CPI March 2024 Quarter

April 26, 2024

About Commercial Property Latest CPI data Market News

The Latest CPI All Groups Brisbane Increase The Brisbane Consumer Price Index (CPI) for March 2024 increased by 1.1% compared to the previous quarter. This resulted in a 3.4% increase in prices over the year ending in March 2024. What is the effect of CPI on commercial property owners and tenants? The CPI figure can […]

 

Should I Auction My Commercial Property?

November 29, 2023

About Commercial Property Market News

Deciding the best method of sale for your commercial property can be a difficult decision. The choice can be a lot easier if your real estate agent is experienced and acting in your best interests. There are four main points when deciding whether an auction is the most ideal method of sale: The current market […]

When To Take Out Insurance When Buying a Commercial Property in Queensland

October 31, 2023

About Commercial Property Property Management

Buying a commercial property in Queensland can be a big investment. It’s important to protect your asset with insurance, but when should you take it out? In Queensland, the standard REIQ contract conditions state the property is at the buyer’s risk from 5pm on the first business day after the contract is signed. This means […]

Brisbane CPI September 2023 Quarter

October 25, 2023

About Commercial Property Latest CPI data

The Latest CPI All Groups Brisbane Increase The latest CPI All Groups Brisbane number is 137, with an increase of 1.2% during the July to September 2023 quarter. Brisbane recorded an annual rise of 5.2% compared to the national CPI of 5.4%. What is the effect of CPI on commercial property owners and tenants? The […]

How Bank Guarantees Work for Commercial Properties in Australia

September 26, 2023

About Commercial Property Property Management

Bank guarantees are a common form of security used in commercial property transactions in Australia. They provide a level of protection for landlords in the event that a tenant defaults on their lease obligations. They also give a form of security for tenants as typically they are interchangeable for cash bonds that a landlord would […]

What is WALE Commercial Property? How is WALE Calculated for Commercial Property?

July 17, 2023

About Commercial Property

WALE, or Weighted Average Lease Expiry, is a measure of the average length of time that tenants are expected to remain in a commercial property based on their existing lease. WALE is calculated by taking the weighted average of the lease terms of all the tenants in a property. WALE is an important factor to […]

Do Commercial Property Bonds Include GST?

June 27, 2023

About Commercial Property

Tenants of commercial and industrial property are usually required to pay bonds to a landlord before they are granted access to the property. The amount of the bond is negotiated and agreed upon in the lease. A common question in regards to commercial real estate is whether the bond amount should include GST or not. […]

What is WALE Commercial Property? How is WALE Calculated for Commercial Property?

May 30, 2023

About Commercial Property

WALE, or Weighted Average Lease Expiry, is a measure of the average length of time that tenants are expected to remain in a commercial property based on their existing lease. It is calculated by taking the weighted average of the lease terms of all the tenants in a property. WALE is an important factor to […]

Bonds for Leasing of Commercial Property and Industrial Property - Everything to Know

May 16, 2023

About Commercial Property

Bonds for leasing of commercial property and industrial properties often involves various legal and financial aspects, one of which is the requirement for a bond. Understanding bonds and their significance is crucial for both landlords and tenants. In this comprehensive guide, we will delve into everything you need to know about bonds for leasing of […]

Commercial Property Lease Options - A Full Explanation for Landlords and Tenants

February 28, 2023

About Commercial Property

As a commercial landlord, you are often faced with the decision of whether you should grant your tenants an option to renew their lease. While an option to renew can be an attractive proposition for tenants, it can also pose significant risks to landlords if not properly managed. In this blog post, we will explore […]