The Residential Tenancies Amendment Bill came under fire this week as property owners and managers said the proposed reforms would motivate property investors to exit, leading to the risk of higher rents.The consultative process itself has been criticised as being hasty, given th...
Commercial rent payments are falling “well behind” average collection times and are at about half of normal payment cycles, said commercial property management company Re-Leased.Tardy payments are especially pronounced across the hard hit retail sector, where only about a third o...
Asset Plus has cut the value of its property portfolio by almost an eighth as the commercial landlord works out the impact of the covid-19 pandemic.The real estate investor’s external valuers - Colliers, CBRE, Savills and JLL Valuation – have finished their assessments of the pro...
Home sales during March foreshadow the larger shock to come in the housing market as a result of the covid-19 shut down, with sales down 5 percent on the comparable numbers for March 2019. On a seasonally adjusted basis, month on month sales were 14 percent lower - largely attrib...
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articles by Oliver