Posts Tagged ‘commercial’

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 »

AUTUMN – THE SEASON FOR STATISTICS

A quarter of another year has drifted past with the statisticians and economists rattling off
new numbers to help us understand how we are progressing. But can we understand? The St George Banks Economist Hans Kunnan at a recent breakfast says of the Hunter,  things are rosy; no worries go out and spend. Fancy a banker saying that? The Hunter  Research Foundations (HRF) Dr (I’m not an economist) Brent Jenkins basically said things  aren’t bad but why are we feeling … Read the full post »

Retail & Commercial Leases – Knowing the Difference

[caption id="attachment_1071" align="alignnone" width="300"] Hispanic woman hanging open sign on door[/caption]As an owner it is important to understand the difference between a Retail and Commercial lease, it is essential that the right type of lease is in place as the Lease acts as the legally binding agreement between the Lessor and Lessee.

Retail Leases in NSW are governed by the Retail Leases Act 1994 No 46, Retail Leases
apply to a premises in … Read the full post »

The Evolution of Sport and their Associated Buildings

As most people would have seen or come across, it is not uncommon for a former Commercial office building or an industrial warehouse to be converted into residential dwellings and/or hotels – providing that the zoning allows.

In Newcastle right now we are seeing the CBD post office premises proposed to be converted into a hotel; much like other examples that have happened in other major cities -the Westin in Sydney … Read the full post »

Raine & Horne Industrial Average Just Released

Once a year the big talk in property circles is about is about the Property Council’s Office Market indicator. Yet is this a true reflection of the state of our regional economy? The focus has always been about the CBD of Newcastle when the majority of the people of the region rarely if ever come into the centre of Newcastle. Raine & Horne Commercial Newcastle has just released its half … Read the full post »

Sydney Investors Eye Up Newcastle

182-188 Hunter St, Newcastle_High Resolution-1 (Small)With Sydney prices rocketing along Raine & Horne Commercial are seeing an influx of Sydney investors and developers snapping up city properties.

Alan Tonks of Raine & Horne Commercial said “In the inner city there is a real feeling of optimism and positive expectation. We have strong enquiry from Sydney developers seeking mixed use opportunities with 2 … Read the full post »

What's Happening in the Real Estate Sector?

DSCN4763
Recently Newcastle was lauded for having the lowest A-Grade vacancy in Australia at (2.7%).  This is a tremendous result, but is the market really that good?  It’s my belief that the take up in A-Grade space is a clear signal that some of the mature firms around the City are looking to better their image and provide a working environment conducive … Read the full post »

An Interesting Part of Newcastle's CBD – Soon to be Sold!

Newcastle City Council are selling one of their assets.

Formerly the Newcastle School of Arts building; 182 Hunter Street is opposite the Urban Growth/GPT development site and also takes in both Wolfe and Scott Street frontages.

Listed as a heritage item of local significance, the site and the building have intrinsic links to Newcastle’s early history.

A study by EJE Heritage gives a timeline of the site stretching back to 1869 when a … Read the full post »

The Hunter Region Needs Change !

Baths B&W
Over the past few months some of Newcastle and the Hunters’ high profile individuals have been copping a pizzling by the media. A lot of this is just cyber bullying in the name of freedom of the press. Why then are we surprised to hear of kids being cyber bullied in the playground when from the time the News starts through to the current affairs programs they … Read the full post »

Asbestos Legislation Now Operational in Commercial and Industrial Real Estate

As from the 1st of January 2012 new Work, Health and Safety legislation laws relating  to asbestos in industrial and commercial buildings came into effect.

The rate of asbestos related deaths and illnesses in Australia, has risen dramatically in recent times. In the past (5) consecutive years the rate has tripled each year.

The new legislation can be summarised as follows:

1)    … Read the full post »