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Hunter industrial property vacancy rates fall to lowest levels in four years

The latest Raine & Horne Industrial Average Index has revelaed a fall of 1% in industrial vacancies between January and July 2017.

 

The index measures the vacancy rates of major industrial centres in Newcastle and the Lower Hunter.

 

The fall is a result of the leasing, or sale, of 30,000 square metres of industrial floor space in the past 6 months. Moreover, the average has fallen to its lowest level since January … Read the full post »

A great example of the old meeting the new!

So often these days we hear the terms urbanisation or modernisation, but what does that actually mean in terms of the buildings?

Well generally it all starts with the properties zoning which can free up many more uses than the properties former life. Commonly the properties are industrial or office buildings that have already been surrounded by residential development.

Take the example of 12 Power Street, Islington…. Read the full post »

What’s in a name?

Photo: Carrington Shipbuilding Facility
Shakespeare’s Juliet once famously pondered: “What’s in a name?”

Through the star-crossed lover, the Bard was arguing that 400 years ago, names were secondary to where an individual  might be domiciled. But since the late 16th Century, it appears that names and locations have become increasingly important in life, business and commercial real estate.

To illustrate, a few years … Read the full post »

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