Briefing Parramatta Office February 2018

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Briefing Parramatta Office February 2018"

Transcription

1 Savills Research Briefing Parramatta Office Highlights The overall vacancy rate in Parramatta s office market fell further in December 2017 to 3.0% from 4.6% a year prior; Interest from local institutional investors was strong in the 12 months to September 2017, representing 92% of total sales activity; Average A Grade net effective rents increased by 17.0% in 2017 and average B Grade net effective rents grew by 17.9% over the same period; Pre-commitment activity on current developments suggest a re-casting of rents well past current levels, with new stock shifting the pendulum towards A Grade stock. A Grade Averages Latest Yr Change Outlook Rental N.F. ($/sq m) % Incentives bps Rental N.E ($/sq m) % Yield Market (%) bps IRR (%) bps Capital Values 9, % Demand & Supply Latest PCP* Vacancy Net Absorb. ( 000 sq m) Stock U/C ( 000 sq m) % of market % committed *PCP = Previous Corresponding Period

2 Report Contents Vacancy 3 Supply 3 Leasing Activity & Demand 4 Sales Activity 5 Rents 6 Outlook 7 Development Map 9 Key Indicators 10 Key Contacts 10 Senior Analyst Research Houssam Yakzan For our latest national reports, visit savills.com.au/research To join Savills Research mailing list, please Executive Summary Parramatta continues to establish itself as Sydney second CBD, with most recent economic indicators placing it firmly as one of the top performing areas nationally. Based on analysis to track progress on Parramatta City Council s five-year Economic Development Plan, the Parramatta Local Government area outperformed the state and the nation across most key economic indicators, such as GDP growth, unemployment rate and employment growth. Aided by the strongest population growth numbers, a record infrastructure boom and increased public and private expenditure in the city is supporting an already strong office market. The Parramatta office market continues to identify itself as one of Australia s tightest markets, overall, with one of the lowest vacancy rates are just 3.0%, with no available space in current Prime grade office stock over the last 24 months. At the same time, all upcoming developments over this period have been fully pre-committed, providing no relief to Parramatta tenants. Looking past this, we are now seeing the beginning of a new development cycle with over 234,000 square metres of space expected to be delivered by The Parramatta office market continues to redefine itself as one of the strongest fringe markets in the country. The public sector has continued to drive leasing demand in Parramatta, accounting for 80% of total leasing activity, as government organisations decentralise from Sydney CBD to the West over much of Capitalising on strong forecast population growth and increased infrastructure spending by the state government further validates the notion of Parramatta becoming Sydney s second CBD. PCA Summary Table Parramatta (as at Dec-17) Prime Secondary Total AUS Non-CBD Total Stock ( 000) ,273.3 Total Vacancy ( 000) Vacancy (%) 0.0 (1.7) 5.3 (10.8) 3.0 (7.5) 9.1 (8.9) Net Absorption ( 000) 0.1 (10.9) 7.5 (-2.5) 7.5 (8.4) 11.5 (57.6) Net Absorption (%) 0.0 (4.6) 2.0 (-0.6) 1.1 (1.3) 0.2 (0.9) 23.9 Net Additions ( 000) 0.0 (10.3) -1.7 (-4.5) -1.7 (5.8) (86.3) - Stock Additions ( 000) Stock Withdrawals ( 000) Net Additions (%) 0.0 (4.3) -0.4 (-1.0) -0.2 (0.9) -0.5 (1.3) (10yr Averages shown in brackets; NB: Secondary Rents shown are for B grade; All rents equivalent to whole floor mid-rise savills.com.au/research 2

3 Vacancy The overall vacancy rate in Parramatta s office market fell further in December 2017 to 3.0% from 4.6% in the year prior, a level well below the 10 year average of 7.7%. Parramatta recorded the lowest prime grade vacancy in the country at 0% (as at December 2017) and only 2% available in secondary grade buildings, putting the balance of power squarely in favour of landlords. As a result, recorded growth in rents on both a net face and net effective basis was significant. Tenants seeking space in Parramatta are not left with many options but to move into very low grade buildings, renew leases within their existing space or find alternative space within other markets. There is no material relief in sight for tenants in Parramatta, though developments such as Parramatta Square may provide some offerings in the coming years. However, with pre-commitment activity in these developments high, this appears unlikely. CBA s exit from Parramatta in 2020/21 is projected as the most significant tenant migration out of the market, leading to possible respite for tenants. Historic Vacancy Net Supply by Year 16% Prime Secondary Total 14% 12% 10% 8% 6% 4% 2% 0% 200,000 Historic Net Additions Savills Forecast 15yr Avg 150, ,000 50,000 - (50,000) Source: PCA / Savills Research Supply Many new developers have entered the ring to help develop Parramatta into Sydney s second CBD. In particular, Scentre Group is refining its plans for a landmark office tower as it joins the rush of commercial landlords developing in the Parramatta. The concept is to span about 100,000 square metre of office space over 40 levels above the centre, and Scentre has already spoken to prospective tenants. In addition, DEXUS recently received local Council and Regional Planning Panel endorsement of a concept scheme for an office building at 140 George Street, Parramatta. Developer and investor Coombes Property Group and Drivas Property Group parties have also lodged a development application with the City of Parramatta Council to build a 23-storey 34,277 square metre building at 50 Macquarie Street and 220 Church Street, a 3685 sq m site the pair have owned for over 20 years. Further, the City of Parramatta Council has voted to allow developer Walker Corporation to put forward a commercial building option for the proposed 243-metre Aspire Tower at 8 Parramatta Square in the heart of the CBD. Councillors supported an option allowing Walker Corporation to explore a commercial tower instead of the planned residential and hotel building. The option comes with strict conditions including a new design competition, securing a pre-committed tenant for 50% of the building and maintaining the building s height and architectural presence as a key building. It is expected this will create a combined lettable area of 122,000 square metres, bringing the total commercial development in Parramatta Square to 250,000 square metres of prime A-grade office space. With current stock recorded at 705,416sqm, this new development represents 35% of the current market. savills.com.au/research 3

4 Leasing Activity & Demand In the 12 months to December 2017, 17,391 square metres of leasing activity was recorded in the Parramatta office market. This is up on down significantly on the 12 months prior (143,755 square metres), following record pre-commitment activity in 2016 on the Parramatta Square developments. The Government & Community Services sector continued to dominate leasing activity in Parramatta, accounting for 80% of total leasing activity. Notably, the largest lease of the year was RTA s 11,000 square metre renewal at 27 Argyle Street in July Over the past 12 months, net absorption in Parramatta was also largely development led following the completion of 1PSQ. 12 month net absorption was recorded at 7,539 square metres in December 2017, representing 1.1% of occupied stock, compared to national average of non- CBD office markets of 0.2%. Future absorption is expected to remain positive with the delivery of 105 Phillip Street (25,000 square metres), 3 Parramatta Square and 4 Parramatta Square (62,000 square metres and 40,000 square metres, respectively) delivering 127,500 square metres of occupied stock into the market by Leasing Activity by Size (> 500 square metres) 160,000 > 10,000sqm 5,000sqm - 10,000sqm <= 5,000sqm 140, , ,000 80,000 60,000 40,000 20,000 Leasing Activity by Tenant Type (> 500 square metres) Govt & Community % Fin & Ins % IT & Comm - 2.9% Recent Notable Leases (by Area Leased) Tenant Property Date NLA (sq m) Type Rent Term RTA 27 Argyle St, Parramatta, NSW Jul-17 10,924sqm Renewal 262 (N) 3 :Care 56 Station St, Parramatta, NSW May-17 2,954sqm Direct 380 (N) 5 HCF 75 George St, Parramatta, NSW May-17 1,888sqm Direct 450 (N) 6 Burbank 88 Phillip St, Parramatta, NSW Jun-17 1,115sqm Direct 420 (N) 7 S savills.com.au/research 4

5 Sales Savills recorded $376.1 million of investment activity (>$5 million) over the 12 months to December 2017, most of which was attributed to the sale of 105 Phillip Street, which was acquired by Charter Hall's Prime Office Fund and Direct Office Fund from DEXUS for $229 million in May 2017 on an initial yield of 5.31%. Totalling 25,000 square metres, the asset is fully leased to the NSW Government on a 12 year initial term. Whilst the first half of 2017 saw renewed interest in Parramatta s office assets, there were no sales recorded in the September quarter. However, the sale of 75 George Street, Parramatta in December 2017 helped to push overall sales volumes up. The sale of 75 George Street set a new record for a secondary building in Parramatta last year in terms of improved rate, transacting at approximately $8,988/sqm. CorVal sold the B-grade office building which it acquired in 2012 for $32.55 million for $86 million in December The building sits on a 2,668 square metre site with 9,568 square metres of net lettable area, and is currently fully-leased to five office tenants, two retail tenants and a car park operator, including St George Bank, HCF and UniSuper. Interest from local institutional investors was strong in the 12 months to December 2017, representing 92% of total sales activity. In addition to Parramatta s standout demographic drivers, this buoyant demand from local groups such as GPT and Charter Hall can be attributed to the increased appetite for long WALE assets and the ability to acquire assets that provided greater value add opportunities, as many buildings within Parramatta s CBD remain largely under developed. The only offshore acquisition in 2017 was the purchase of 80 George Street for $51.9 million to a Chinese private investor. Previously acquired by GDI Property Group for $38.7 million in May 2015, this sale is one representation of how favourable underlying fundamentals have underpinned investment performance in Parramatta. Average market yields in Parramatta as at December 2017, are typically estimated to range between 5.50% and 6.25% for Prime grade buildings and between 6.25% and 6.75% for Secondary grade buildings. With average capital values in Parramatta recorded at $9,300/square metres in December 2017, capital values experienced considerable uplift in 2017, increasing 41% over this period. Sales Activity by Size (Parramatta) $700m $5m - $50m $50m - $100m >$100m $600m $500m $400m $300m $200m $100m $0m Sales Activity by Purchaser Type Capital Values ($/sq m) vs. Market Yield 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 Trust - $346m % Owner Occupier - $30m - 8.0% Capital Value - Parramatta Market Yield (RHS) 9.0% 8.5% 8.0% 7.5% 7.0% 6.5% 6.0% 5.5% 5.0% savills.com.au/research 5

6 Recent Notable Sales (by Sales Price) Property Price ($m) Date NLA (sq m) Yield Type $/sq m 105 Phillip St, Parramatta May-17 25, r 9, George St, Parramatta Dec-17 9, r 8, Phillip St, Parramatta Feb-17 2,439 n.a n.a 12, Church St, Parramatta Jul-17 3,244 n.a n.a 9,248 ; r = reported yield; e = equated market yield; i = initial yield Rents Following continual falls in the overall vacancy rate in Parramatta s office market, coupled with an extended period of limited available supply, Parramatta s office market has provided its landlords with increasingly favourable leasing conditions, which have resulted in strong face rental growth for both the prime and secondary markets over the period. As at December 2017, A Grade net face rents typically ranged between $450 and $550 per square metre, growing, on average, by 11.1% over Growth in average net effective rents over the same period was even more pronounced, with average A Grade net effective rents increasing by 17.0% in 2017 and average B Grade net effective rents growing by 17.9% over the same period. However, anecdotal evidence suggests nets rents of over $550 per square metre have been achieved within Parramatta Square's pre-commitment market. With limited available supply due in 2018 and much of 2019, Savills Research forecast excellent rental future rental growth. Pre-commitment activity on current developments suggest a re-casting of rents well past current levels, with new stock shifting the pendulum towards A Grade stock. Net Effective Rents by Grade Net Face & Net Effective Rents (as at Dec 2017) 450 Grade A Grade B Net Face Rent Net Effective Rent Net Incentive % - rhs Grade A Grade B savills.com.au/research 6

7 PCA Summary Table by Precinct Parramatta (as at Dec-17) City East City North City South City West Mid City Parramatta (Total) Total Stock ( 000) Total Vacancy ( 000) Vacancy (%) 9.0 (7.4) 6.0 (12.2) 1.7 (9.4) 1.8 (6.0) 2.0 (6.7) 4.3 (7.7) Net Absorption ( 000) -3.2 (1.7) 1.6 (-0.2) 6.1 (0.3) 1.5 (1.2) 1.5 (5.3) 24.3 (11.8) Net Absorption (%)* -3.7 (2.4) 4.3 (-0.6) 5.0 (0.3) 1.1 (0.9) 0.5 (2.0) 3.7 (1.9) Net Additions ( 000) 0.0 (2.1) 0.0 (-0.5) 0.6 (-0.1) -0.8 (0.2) -1.6 (4.1) 23.9 (9.8) Stock Additions ( 000) Stock Withdrawals ( 000) Net Additions (%) 0.0 (2.7) 0.0 (-1.1) 0.5 (-0.1) -0.5 (0.1) -0.5 (1.5) 3.5 (1.5) Outlook Parramatta is expected to remain one of Australia s tightest office markets as falling vacancy rates coupled with withdrawals in surrounding fringe markets is anticipated to place additional upward pressure on rents over the short to medium term. This is exacerbated by withdrawals in surrounding fringe markets for alternate uses and/or demolition for upcoming infrastructure projects creating additional demand in Parramatta. The continued decentralisation of government tenants from Sydney CBD locations (e.g. Department of Education) is expected to drive much of Parramatta s leasing activity over the medium term, whilst also driving much of the demand for new supply. Inevitably, tenants will continue to look to markets such as Parramatta for quality and affordable office space. Most notably, the recent announcement by the NSW Government to reduce their presence in Sydney CBD, (targeting a 100,000 square metre reduction in office space by 2021) will drive demand for office space in the West as Parramatta continues to reposition itself as the new Government hub. Whilst the relocation of CBA out of Parramatta in 2020 (from 150 George Street - 21,964 square metres and 101 George Street - 18,066 square metres) would test any other fringe market, this move is likely to provide some much needed relief to existing tenants in search of alternative space. Looking further ahead, Parramatta as a CBD features heavily in the NSW Government's plan for Greater Sydney over the next two decades and is expected to play a vital role in Sydney s future economic landscape. Parramatta's future commercial viability is currently secured by planning policies and increased infrastructure investment. savills.com.au/research 7

8 savills.com.au/research 8

9 Development Map WESTMEAD ALBERT ST HAROLD ST LEGEND Mid City FENNELL ST GROSE ST East West North ROSS ST South PARRAMATTA CHURCH ST VICTORIA RD 1 O CONNELL ST MARSDEN ST GEORGE ST PHILLIP ST 4 MACQUARIE ST 2 SMITH ST 5 3 CAMPBELL ST HASSALL ST PARKES ST COWPER ST MARION ST HARRIS PARK Building Address Dev Stage NLA Exp. Comp Tenant Phillip Street UC 25, Dept of Education 153 Macquarie Street (3PSQ) UC 46, NAB 30 Darcy Street (4PSQ & 6PSQ) UC 110, NSW Government Phillip Street and 32 Smith Street DA 28,000 Mooted Church Street DA 35,000 Mooted - savills.com.au/research 09

10 Parramatta Key Indicators (Q4-17) A Grade B Grade Low High Low High Rental Gross Face ($/sq m) Rental Net Face ($/sq m) Incentive Level Net Rental Net Effective ($/sq m) Outgoings Operating ($/sq m) Outgoings Statutory ($/sq m) Outgoings Total ($/sq m) Typical Lease Term Yield Market (% Net Face Rental) IRR (%) Cars Permanent Reserved ($/pcm) Cars Permanent ($/pcm) Office Capital Values ($/sq m) 8,500 10,000 6,000 8,000 NB: All rents equivalent to whole floor mid-rise Key State Contacts Research Shrabastee Mallik +61 (0) Research Houssam Yakzan +61 (0) Valuations Andrew Pannifex +61 (0) Capital Transactions Graeme Russell +61 (0) Metro & Regional Sales Robert Lowe +61 (0) Office Leasing Rob Dickins +61 (0) Asset Management Adele Eagleton +61 (0) Project Management Gavin Boswarva +61 (0) The Savills Research & Consultancy team has years of experience, and is supported by our extensive agency, property management and valuation professionals. For national-level consultancy or subscription requirements please contact: Capital Strategy & Research Chris Freeman +61 (0) Savills is a leading global property service provider listed on the London Stock Exchange. Trusted since 1855, we have extensive experience across the Asia Pacific, with over 50 offices, and in Australia, we have over 800 staff focused on meeting all your property needs. This information is general information only and is subject to change without notice. No representations or warranties of any nature whatsoever are given, intended or implied. Savills will not be liable for any omissions or errors. Savills will not be liable, including for negligence, for any direct, indirect, special, incidental or consequential losses or damages arising out of our in any way connected with use of any of this information. This information does not form part of or constitute an offer or contract. You should rely on your own enquiries about the accuracy of any information or materials. All images are only for illustrative purposes. This information must not be copied, reproduced or distributed without the prior written consent of Savills. savills.com.au/research 10

Briefing Brisbane CBD Office August 2017

Briefing Brisbane CBD Office August 2017 Savills Research Queensland Briefing Brisbane CBD Office Highlights A turnaround has become evident in Brisbane with absorption of prime grade stock leading the nation and double digit growth evident in

More information

Briefing Adelaide CBD Office February 2018

Briefing Adelaide CBD Office February 2018 Savills Research South Australia Briefing Adelaide CBD Office Highlights Adelaide CBD office market has recorded two consecutive periods of positive net absorption, also the highest level seen in five

More information

Briefing Perth CBD Office August 2017

Briefing Perth CBD Office August 2017 Savills Research Western Australia Briefing Perth CBD Office Highlights The Perth CBD office market has started to see some gains from flight to quality and centralisation trends, resulting in the highest

More information

Sydney CBD Market Commercial Market Overview - Jul 2015

Sydney CBD Market Commercial Market Overview - Jul 2015 Sydney CBD Market Commercial Market Overview - Jul 2015 Contents The Sydney CBD Market... 4 The Sydney CBD Market - Summary... 5 The Sydney CBD Market - Overview... 6 The Sydney CBD Market - Commercial

More information

ADELAIDE RESEARCH OFFICE MARKET OVERVIEW AUGUST 2017 HIGHLIGHTS

ADELAIDE RESEARCH OFFICE MARKET OVERVIEW AUGUST 2017 HIGHLIGHTS ADELAIDE OFFICE MARKET OVERVIEW AUGUST HIGHLIGHTS Average Prime incentives in the CBD Core now average 36.3% and typically range between 35% to 4%, compared with 3% to 35% in the second half of 216. Offshore

More information

Quarter Time National Office Q3/2017

Quarter Time National Office Q3/2017 Savills Research Australia Quarter Time National Office CBD Averages A Grade National Office N.F. Rent N.E. Rent Market Yield IRR Cap. Value Sydney CBD 955 (21.7%) 740 (29.8%) 5.15 (-25bps) 6.90 (-35bps)

More information

MELBOURNE CBD RESEARCH OFFICE MARKET OVERVIEW SEPTEMBER 2017 HIGHLIGHTS

MELBOURNE CBD RESEARCH OFFICE MARKET OVERVIEW SEPTEMBER 2017 HIGHLIGHTS RESEARCH MELBOURNE CBD OFFICE MARKET OVERVIEW SEPTEMBER 2017 HIGHLIGHTS New supply in the Melbourne CBD office market will be significantly constrained over the next 12 months, with vacancy projected to

More information

Brisbane. Executive Summary. Economic Overview. Q Industrial Market Commentary

Brisbane. Executive Summary. Economic Overview. Q Industrial Market Commentary Q3 2017 Industrial Market Commentary Brisbane Executive Summary The Brisbane industrial market is showing tangible signs of improvement, after relatively soft leasing conditions in 2016. Gross take-up

More information

BRISBANE CBD RESEARCH OFFICE MARKET OVERVIEW MAY 2017 HIGHLIGHTS

BRISBANE CBD RESEARCH OFFICE MARKET OVERVIEW MAY 2017 HIGHLIGHTS BRISBANE CBD OFFICE MARKET OVERVIEW MAY 2017 HIGHLIGHTS With only 18,400m² of refurbished stock to come on line in 2017 and no major new supply expected prior to late 2018, the growing tenant demand and

More information

Briefing Perth Industrial January 2018

Briefing Perth Industrial January 2018 Savills Research Western Australia Briefing Perth Industrial Highlights The Perth industrial market is firmly in recovery with green shoots emerging in regards to labour market job growth and business

More information

For personal use only

For personal use only 3Q15 Stockland Update Implementing our Strategy Isles of Newport, Brisbane Agenda Topic Page Group Update 03 Commercial Property 05 Residential 09 Retirement Living 10 Summary and Outlook 11 2 Group Update

More information

Brisbane CBD Office Market Indicators as at July 2017

Brisbane CBD Office Market Indicators as at July 2017 RESEARCH Total vacancy was 15.7% as at July 2017, still down from the cyclical high of 16.9% in mid- 2016 but up from the start of 2017. Prime and secondary effective rents grew by 4.7% p.a and 2.6% p.a

More information

Bratislava City Report Q4 2015

Bratislava City Report Q4 2015 Bratislava City Report Q4 2015 Millions Economy / Investment Market Key facts Annual GDP growth (%) Real GDP growth in Q3 grew by 0.9% on the quarter. GDP growth is forecast at 3.4% in 2015 and 3.2% in

More information

RESEARCH & CONSULTING WOLLONGONG INSIGHT JULY 2017 MARKET OUTLOOK GROWTH DRIVERS DEMOGRAPHIC TRENDS

RESEARCH & CONSULTING WOLLONGONG INSIGHT JULY 2017 MARKET OUTLOOK GROWTH DRIVERS DEMOGRAPHIC TRENDS RESEARCH & CONSULTING WOLLONGONG INSIGHT JULY 217 GROWTH DRIVERS DEMOGRAPHIC TRENDS MARKET OUTLOOK KEY FACTS With a current population of 211,213 persons, the Wollongong LGA is expected to grow to 244,4

More information

ADELAIDE RESEARCH OFFICE MARKET OVERVIEW SEPTEMBER 2015 HIGHLIGHTS

ADELAIDE RESEARCH OFFICE MARKET OVERVIEW SEPTEMBER 2015 HIGHLIGHTS RESEARCH ADELAIDE OFFICE MARKET OVERVIEW SEPTEMBER 215 HIGHLIGHTS The Adelaide CBD vacancy rate remains unchanged at 13.5% in the six months to July 215. However, vacancy in prime space has decreased while

More information

Moseley Gardens. surrendeninvest. Birmingham. residential. Exclusive to Surrenden Invest

Moseley Gardens. surrendeninvest. Birmingham. residential. Exclusive to Surrenden Invest surrendeninvest residential Moseley Gardens Birmingham Exclusive to Surrenden Invest Surrenden Invest the home of your portfolio Surrenden Invest unlock exclusive off market stock in high demand growth

More information

State of the States October 2017 State & territory economic performance report. Executive Summary

State of the States October 2017 State & territory economic performance report. Executive Summary State of the States October 2017 State & territory economic performance report. Executive Summary NSW ON TOP; VICTORIA CLOSES IN How are Australia s states and territories performing? Each quarter CommSec

More information

Australia Office MarketView

Australia Office MarketView Australia Office MarketView Q4 212 QUARTERLY GDP.5% OFFICE JOBS GROWTH -.8% CBD OFFICE VACANCY 8.1% PRIME RENTAL GROWTH +3.2% CBRE Global Research and Consulting PRIME YIELD 7.45% Q412 INVESTMENT VOLUME

More information

MACQUARIE AIRPORTS FULL YEAR & FOURTH QUARTER 2008 RESULTS FOR SYDNEY AIRPORT

MACQUARIE AIRPORTS FULL YEAR & FOURTH QUARTER 2008 RESULTS FOR SYDNEY AIRPORT Macquarie Airports Management Limited ABN 85 075 295 760 AFS Licence No. 236875 A Member of the Macquarie Group of Companies No. 1 Martin Place SYDNEY NSW 2000 GPO Box 4294 SYDNEY NSW 1164 AUSTRALIA Telephone

More information

Office Market Report. Australian CBD. First Half 2017 HIGHLIGHTS INSIDE THIS ISSUE: Australian Overview 2. Sydney 3. Melbourne 6.

Office Market Report. Australian CBD. First Half 2017 HIGHLIGHTS INSIDE THIS ISSUE: Australian Overview 2. Sydney 3. Melbourne 6. 1 Office Market Report Australian CBD First Half 217 HIGHLIGHTS Over the last five years, Australia s total office stock increased by 4.8% to over twenty five million square metres. Sydney CBD s office

More information

Spotlight Hong Kong's retail hierarchy A trade mix analysis September 2013

Spotlight Hong Kong's retail hierarchy A trade mix analysis September 2013 Savills World Research Hong Kong Spotlight Hong Kong's retail hierarchy A trade mix analysis savills.com.hk/research Savills World Research Hong Kong savills.com.hk/research Spotlight Hong Kong's retail

More information

Prague City Report Q2 2015

Prague City Report Q2 2015 Prague City Report Q2 2015 Inflation y-o-y change Unemployment rate Economy / Investment Market Economy Investment Activity: International vs. Domestic GDP Growth y-o-y 2.8% 6.2% International Domestic

More information

Industrial Market. jll.co.uk/industrial Spring 2017

Industrial Market. jll.co.uk/industrial Spring 2017 Industrial Market UK Tracker jll.co.uk/industrial Spring 2017 Our industrial agents (multi-let) n o i t c u d o r t In Welcome to our new UK Industrial Market Tracker, which aims to monitor and evaluate

More information

Development Activity

Development Activity The North Sydney s vacancy rate has fallen from 7.3% in January 217 to 6.4% in July 217 on the back of positive tenant demand stemming from both expansion and inbound migration. Stock withdrawals will

More information

Sydney CBD Investment Market Review and 2013 Outlook

Sydney CBD Investment Market Review and 2013 Outlook Sydney CBD Investment Market Review and 2013 Outlook Introduction and 2012 review Investment in the Sydney CBD reached $4.29Bn in 2012, the highest level on record (since JLL began recording in 1988) and

More information

BRISBANE S HOTEL INVESTMENT STRATEGY OVERVIEW. Local government opportunities for tourism investment and development

BRISBANE S HOTEL INVESTMENT STRATEGY OVERVIEW. Local government opportunities for tourism investment and development BRISBANE S HOTEL INVESTMENT STRATEGY OVERVIEW Local government opportunities for tourism investment and development THE FOCUS Position Brisbane as a leading tourism destination of choice in the Asia Pacific

More information

UDIA Development Showcase ~ Sunshine Coast Adrian Allen ~ Project Director Caloundra South 25 February 2015

UDIA Development Showcase ~ Sunshine Coast Adrian Allen ~ Project Director Caloundra South 25 February 2015 UDIA Development Showcase ~ Sunshine Coast Adrian Allen ~ Project Director Caloundra South 25 February 2015 Overview Context Market Health Stockland on the Sunshine Coast Oceanside Overview Next 12 months

More information

CapitaLand Limited. Acquisition Of 94.9% Interest In Main Airport Center in Frankfurt, Germany

CapitaLand Limited. Acquisition Of 94.9% Interest In Main Airport Center in Frankfurt, Germany CapitaLand Limited Acquisition Of 94.9% Interest In Main Airport Center in Frankfurt, Germany 28 December 2017 Disclaimer This presentation may contain forward-looking statements that involve risks and

More information

POP UP LEASING BROCHURE TO LEARN MORE VISIT LENDLEASE.COM/POPUPRETAIL

POP UP LEASING BROCHURE TO LEARN MORE VISIT LENDLEASE.COM/POPUPRETAIL POP UP LEASING BROCHURE TO LEARN MORE VISIT LENDLEASE.COM/POPUPRETAIL FLEXIBLE, HIGH-TRAFFIC, AFFORDABLE RETAIL SPACE Lend Lease Pop Up Retail can help your brand stand out in some of Australia s most

More information

317a & 400 Hoe Street, Walthamstow, E17 9AA

317a & 400 Hoe Street, Walthamstow, E17 9AA North East London Residential Led Development Opportunity 317a & 400 Hoe Street, Walthamstow, E17 9AA Red line boundary for indicative purposes only Summary Residential-led two-site development opportunity

More information

investment ProSPeCTuS 2016 SuMMary

investment ProSPeCTuS 2016 SuMMary investment ProSPeCTuS 2016 SuMMary 2 invest SuNShiNe CoaST - The future is here MeSSaGe from The Mayor MeSSaGe from The Mayor a CiTy region of opportunity The Sunshine Coast offers investors an unrivalled

More information

Australian Technology Recruitment Market Insights & Salary Guide Architecture

Australian Technology Recruitment Market Insights & Salary Guide Architecture Australian Technology Recruitment Market Insights & Salary Guide 2016-2017 Architecture 1 Contents Executive Summary 3 Market Report 4 Salary Guide 7 About Greythorn 12 Contact us 12 These survey results

More information

INTERIM REVIEW OF AUSTRALIAN CONSTRUCTION MARKET CONDITIONS TO MARCH 2016

INTERIM REVIEW OF AUSTRALIAN CONSTRUCTION MARKET CONDITIONS TO MARCH 2016 INTERIM REVIEW OF AUSTRALIAN CONSTRUCTION MARKET CONDITIONS TO MARCH 2016 FOREWORD NICK DEEKS - MANAGING DIRECTOR WT Partnership (WTP) is an award winning international cost and consultancy organisation

More information

Briefing Brisbane Industrial January 2018

Briefing Brisbane Industrial January 2018 Savills Research Queensland Briefing Brisbane Industrial Highlights After a record 2016, leasing volumes in Brisbane industrial have softened, resulting in subdued rental growth; On the back of a buoyant

More information

Stockland Investor Tour

Stockland Investor Tour Stockland Investor Tour December 6, 2017 Stockland Green Hills, NSW Contents SECTION PAGE STOCKLAND RETAIL TOWN CENTRES 3 CASE STUDY: WETHERILL PARK 7 STOCKLAND GLENDALE 10 STOCKLAND GREEN HILLS 17 STRONG

More information

NSW PRE-BUDGET STATEMENT FUTURE ECONOMY FUTURE JOBS

NSW PRE-BUDGET STATEMENT FUTURE ECONOMY FUTURE JOBS 2017-18 NSW PRE-BUDGET STATEMENT FUTURE ECONOMY FUTURE JOBS Executive Summary The 2017-18 NSW State Budget presents an opportunity for the NSW Government to future-proof the tourism and transport sectors.

More information

HOTEL SALES An analysis of hotel sales in Australia by Colliers International RESEARCH AND ANALYSIS REPORT CLIENT LOGO TO APPEAR HERE

HOTEL SALES An analysis of hotel sales in Australia by Colliers International RESEARCH AND ANALYSIS REPORT CLIENT LOGO TO APPEAR HERE CLIENT LOGO TO APPEAR HERE RESEARCH AND ANALYSIS REPORT HOTEL SALES 2017 An analysis of hotel sales in Australia by Colliers International Accelerating success. 2017: a year in review Following the three

More information

Land area 1.73 million km 2 Queensland population (as at December 2016) Brisbane population* (preliminary estimate as at 30 June 2016)

Land area 1.73 million km 2 Queensland population (as at December 2016) Brisbane population* (preliminary estimate as at 30 June 2016) Queensland - 11 Queensland OVERVIEW Queensland is nearly five times the size of Japan, seven times the size of Great Britain, and two and a half times the size of Texas. Queensland is Australia s second

More information

National Property Clock February 2018 Office Melbourne Gold Coast

National Property Clock February 2018 Office Melbourne Gold Coast National Property Clock Office Melbourne Gold Coast Coffs Harbour NSW Far North Coast NSW Mid North Coast Newcastle South East NSW Approaching Peak of Market Peak of Market Starting to decline Sydney Echuca

More information

ASX CODE ISSUED CAPITAL CONTACT AXI. 19 May Ordinary Shares M

ASX CODE ISSUED CAPITAL CONTACT AXI. 19 May Ordinary Shares M ASX CODE AXI ISSUED CAPITAL Ordinary Shares 420.4 M 19 May 2017 CONTACT South Australia Level 3, Stafford House 25 Leigh Street Adelaide SA 5000 PRESENTATION TO GLOBAL ALLIANCE PARTNERS AUSTRALIAN EMERGING

More information

RETAIL TO LET ROYAL AVENUE BELFAST BT1 1FD

RETAIL TO LET ROYAL AVENUE BELFAST BT1 1FD RETAIL TO LET 41-51 ROYAL AVENUE BELFAST BT1 1FD Summary Belfast is Northern Ireland s capital city and the second largest settlement on the Island of Ireland 268,323 people live in the city while 650,958

More information

5 READING STREET SPRING HILL BRISBANE

5 READING STREET SPRING HILL BRISBANE 5 READING STREET SPRING HILL BRISBANE Information Memorandum Outline Indicative Only Contents Executive Executive Summary 1 Market Overview 2 Brisbane 3 Spring Hill Overview 4 Spring Hill Demographics

More information

HOTEL SALES An analysis of hotel sales in Australia by Colliers International RESEARCH AND ANALYSIS REPORT CLIENT LOGO TO APPEAR HERE

HOTEL SALES An analysis of hotel sales in Australia by Colliers International RESEARCH AND ANALYSIS REPORT CLIENT LOGO TO APPEAR HERE CLIENT LOGO TO APPEAR HERE RESEARCH AND ANALYSIS REPORT HOTEL SALES 2017 An analysis of hotel sales in Australia by Colliers International Accelerating success. 2017: a year in review Following the three

More information

Investment focus on Melbourne. December 2016

Investment focus on Melbourne. December 2016 Investment focus on Melbourne December 2016 Melbourne is experiencing a phase of extraordinary positivity that is extending across all of its property markets. This is illustrated in the Q316 take-up figures

More information

HALF YEAR RESULTS TO 30 SEPTEMBER 2017

HALF YEAR RESULTS TO 30 SEPTEMBER 2017 HALF YEAR RESULTS TO 30 SEPTEMBER 2017 1 AGENDA ONE RESULTS HIGHLIGHTS Gerald Kaye TWO FINANCIALS Tim Murphy THREE PORTFOLIO HIGHLIGHTS Matthew Bonning-Snook FOUR OUTLOOK Gerald Kaye FIVE Q&A 2 RESULTS

More information

Frasers Commercial Trust I China Square Central Hotel Transaction II 357 Collins Street Acquisition

Frasers Commercial Trust I China Square Central Hotel Transaction II 357 Collins Street Acquisition Artist s impression of the Hotel 357 Collins Street, Melbourne, Australia Frasers Commercial Trust I China Square Central Hotel Transaction II 357 Collins Street Acquisition 27 April 2015 Important notice

More information

New Tourism Strategic Plan Northern Territory

New Tourism Strategic Plan Northern Territory New Tourism Strategic Plan Northern Territory Submission of Accommodation Association of Australia, 2012 EXECUTIVE SUMMARY Without it being overly detrimental to existing tourism accommodation businesses,

More information

Economic Contribution of Tourism to NSW

Economic Contribution of Tourism to NSW Economic Contribution of Tourism to NSW 2015-16 Tourism is a significant part of the NSW economy. In 2015-16, tourism contributed $38.1 billion (Tourism Consumption) to the NSW economy and employed 261,100

More information

TUI GROUP INVESTOR PRESENTATION

TUI GROUP INVESTOR PRESENTATION TUI GROUP INVESTOR PRESENTATION German Investment Conference UniCredit / Kepler Munich, 26-27 September 2012 Future-related statements This presentation contains a number of statements related to the future

More information

Hotels SPECIALIST HOTEL SERVICES

Hotels SPECIALIST HOTEL SERVICES SPECIALIST HOTEL SERVICES Definition of a Mandala: An organisation or design built around a focusing point where the whole is substantially greater than the sum of the component parts. Alternative Definition:

More information

Dalata Hotel Group Strategy Update. Dermot Crowley, Deputy CEO, Business Dev & Finance

Dalata Hotel Group Strategy Update. Dermot Crowley, Deputy CEO, Business Dev & Finance Dalata Hotel Group Strategy Update Dermot Crowley, Deputy CEO, Business Dev & Finance The Value Proposition in March 2014 POSITIVE OUTLOOK FOR DEMAND Positive outlook for increased number of international

More information

THE LETTING MARKET PARIS CBD (Central Business District)

THE LETTING MARKET PARIS CBD (Central Business District) THE LETTING MARKET (Central Business District) Q1 2017 THE LETTING MARKET Map Source : Knight Frank In sq m THE LETTING MARKET Q1 2017 Take up 89 600 sq m Source : Knight Frank -25%: transactional activity

More information

Q3 Results. September 21, 2005» 1

Q3 Results. September 21, 2005» 1 Q3 Results September 21, 2005» 1 Financial results 9-month highlights» Significant growth in net income» Sharp improvement in gross margin» Strong increase in housing backlog in value terms» 3 9-month

More information

PRIME CAR SUPERMARKET INVESTMENT Motorpoint Birmingham, 2 Lichfield Road, Birmingham, B6 5SU

PRIME CAR SUPERMARKET INVESTMENT Motorpoint Birmingham, 2 Lichfield Road, Birmingham, B6 5SU PRIME CAR SUPERMARKET INVESTMENT Motorpoint Birmingham, 2 Lichfield Road, Birmingham, B6 5SU SUMMARY Established highly prominent modern car supermarket, within a 5 minute drive of Junction 6 of the M6

More information

PRIME HEALTH AND FITNESS CLUB INVESTMENT Virgin Active, Broadfield Park, Broadfield Road, Sheffield S8 0XQ

PRIME HEALTH AND FITNESS CLUB INVESTMENT Virgin Active, Broadfield Park, Broadfield Road, Sheffield S8 0XQ PRIME HEALTH AND FITNESS CLUB INVESTMENT Virgin Active, Broadfield Park, Broadfield Road, Sheffield S8 0XQ Virgin Active, Broadfield Park, Broadfield Road, Sheffield S8 0XQ INVESTMENT SUMMARY Flagship

More information

CLICK ABOVE TO CONTIUE

CLICK ABOVE TO CONTIUE CLICK ABOVE TO CONTIUE ARTIST S IMPRESSION. INDICATIVE ONLY OUTLOOK BOTANY A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL Botany is strategically located in proximity to the Sydney CBD and major

More information

GOVERNMENT LET OFFICE INVESTMENT

GOVERNMENT LET OFFICE INVESTMENT GOVERNMENT LET OFFICE INVESTMENT O&G OXFORD & GLOUCESTER HOUSE 49-63 CHICHESTER STREET BELFAST BT1 4RA Investment Summary Highly prominent office building located in Belfast City Centre. Significant frontage

More information

Harrogate Road, Eccleshill, BD2 3NS

Harrogate Road, Eccleshill, BD2 3NS Harrogate Road, Eccleshill, BD2 3NS SHIPLEY BRADFORD A658 MOORSIDE RD A658 HARROGATE RD ECCLESHILL A658 Major development opportunity for 600 houses Planning Consent granted April 2015 Available as a whole

More information

Australian Technology Recruitment Market Insights & Salary Guide IT Security

Australian Technology Recruitment Market Insights & Salary Guide IT Security Australian Technology Recruitment Market Insights & Salary Guide 2016-2017 IT Security 1 Contents Executive Summary 3 Market Report 4 Salary Guide 7 About Greythorn 20 Contact us 20 These survey results

More information

RESEARCH CENTRAL LONDON QUARTERLY OFFICES LEASING ACTIVITY AT HEALTHY LEVELS VACANCY RATES FALL IN ALL MARKETS CENTRAL LONDON YIELDS REMAIN STABLE

RESEARCH CENTRAL LONDON QUARTERLY OFFICES LEASING ACTIVITY AT HEALTHY LEVELS VACANCY RATES FALL IN ALL MARKETS CENTRAL LONDON YIELDS REMAIN STABLE CENTRAL LONDON QUARTERLY OFFICES LEASING ACTIVITY AT HEALTHY LEVELS VACANCY RATES FALL IN ALL MARKETS CENTRAL LONDON YIELDS REMAIN STABLE EDITORIAL Brexit still dominates the headlines and a lack of certainty

More information

Savills World Research savills.com/research SPOTLIGHT 2018 CHANNEL ISLANDS. Economic overview Office markets Residential markets

Savills World Research savills.com/research SPOTLIGHT 2018 CHANNEL ISLANDS. Economic overview Office markets Residential markets Savills World Research savills.com/research SPOTLIGHT 2018 CHANNEL ISLANDS Economic overview Office markets Residential markets INTRODUCTION Guernsey and Jersey property markets Office demand continues

More information

SECTOR REPORT HOTEL MARKET

SECTOR REPORT HOTEL MARKET SECTOR REPORT HOTEL MARKET UPDATE AUTUMN 2017 www.colliers.nl 34 TOURISM IN THE NETHERLANDS Netherlands as popular as ever: following a rise in the number of travellers in the first quarter of 2017, figures

More information

1-5 RAILWAY STREET, CHATSWOOD FOR SALE

1-5 RAILWAY STREET, CHATSWOOD FOR SALE INFORMATION MEMORANDUM A VISIONARY INVESTMENT 1-5 RAILWAY STREET, CHATSWOOD FOR SALE PAGE 1 CHATSWOOD CENTRAL 01. EXECUTIVE SUMMARY... 6 02. LOCATION... 10 03. THE PROPERTY... 16 04. FINANCIAL INFORMATION...

More information

PRIME STUDENT ACCOMMODATION DEVELOPMENT OPPORTUNITY 366 CATHEDRAL STREET, GLASGOW, G1 2DA. CGI Image of the consented development site

PRIME STUDENT ACCOMMODATION DEVELOPMENT OPPORTUNITY 366 CATHEDRAL STREET, GLASGOW, G1 2DA. CGI Image of the consented development site PRIME STUDENT ACCOMMODATION DEVELOPMENT OPPORTUNITY 366 CATHEDRAL STREET, GLASGOW, G1 2DA CGI Image of the consented development site 2 RD SUMMARY 100% prime student accommodation development opportunity

More information

INVESTMENT CITY CENTRE INVESTMENT GROUND FLOOR AND BASEMENT WESTLEGATE, NORWICH NR1 3LR LET TO EVANS CYCLES

INVESTMENT CITY CENTRE INVESTMENT GROUND FLOOR AND BASEMENT WESTLEGATE, NORWICH NR1 3LR LET TO EVANS CYCLES INVESTMENT GROUND FLOOR AND BASEMENT 14-18 WESTLEGATE, NORWICH NR1 3LR CITY CENTRE INVESTMENT LET TO EVANS CYCLES INVESTMENT SUMMARY Norwich is a major UK city with a large and affluent catchment. Prominent

More information

South Australia Property Report January 2014

South Australia Property Report January 2014 South Australia Property Report National Overview This quarter we look around the nation to identify affordable properties with the potential to deliver healthy long term gains suitable for first home

More information

Horticulture trade intelligence. A custom report compiled for Hort Innovation by Euromonitor International. Avocado. Quarter 1: January to March 2017

Horticulture trade intelligence. A custom report compiled for Hort Innovation by Euromonitor International. Avocado. Quarter 1: January to March 2017 Horticulture trade intelligence A custom report compiled for Hort Innovation by Euromonitor International Avocado Quarter 1: January to March 217 Horticulture trade intelligence: Avocado: 217: Content

More information

Macquarie Qantas Rewards Program. Terms and Conditions

Macquarie Qantas Rewards Program. Terms and Conditions Macquarie Qantas Rewards Program Terms and Conditions EFFECTIVE 11 MAY 2016 1 Contents 1. When do these Terms and Conditions apply to me? 1. When do these Terms and Conditions apply to me? 1 2. How does

More information

National Touring Survey Report

National Touring Survey Report Touring Survey NATIONAL TOURING SURVEY REPORT CONTENTS GO TO INTRODUCTION OVERVIEW... 3... 4 METHODOLOGY KEY FINDINGS... 4... 5 GALLERY DEMOGRAPHICS... 7... 9... 14... 15 EXHIBITION ACTIVITY ATTENDANCE

More information

3 The growth of Western Sydney

3 The growth of Western Sydney 3 The growth of Western Sydney About this chapter This chapter provides an overview of Western Sydney s growing population and economy, and the benefit of the proposed Western Sydney Airport. Population

More information

Global Mega-trends Urbanisation a key driver of growth. Steve McCann Group CEO and Managing Director Lend Lease

Global Mega-trends Urbanisation a key driver of growth. Steve McCann Group CEO and Managing Director Lend Lease Global Mega-trends Urbanisation a key driver of growth Steve McCann Group CEO and Managing Director Lend Lease 2 We operate in four regions across 12 countries LONDON Operating since 1991 NEW YORK Operating

More information

Japan Real Estate and Tokyo Residential Market Overview. for The Westminster Nanpeidai

Japan Real Estate and Tokyo Residential Market Overview. for The Westminster Nanpeidai Japan Real Estate and Tokyo Residential Market Overview for The Westminster Nanpeidai Japan Capital Markets May 2016 AGENDA Japan Economy Overview Abenomics Improves Economy Tokyo Residential Market Overview

More information

King Street, East Grinstead, West Sussex RH19 3DJ

King Street, East Grinstead, West Sussex RH19 3DJ 020 8315 5454 For Sale 020 7478 4306 Pre Let Site or forward investment purchase Site with detailed planning permission for 18,026 sqft of commercial pre-let to Wilkinson and 79 bedroom hotel pre-pet to

More information

Australia s Northern Territory

Australia s Northern Territory Australia s Northern Territory Australia s Northern Territory is a strategic market for tourism investment, with a long established reputation as an iconic tourism destination and its geographic location,

More information

CRUISE TOURISM S CONTRIBUTION TO THE NEW ZEALAND ECONOMY 2017

CRUISE TOURISM S CONTRIBUTION TO THE NEW ZEALAND ECONOMY 2017 CRUISE TOURISM S CONTRIBUTION TO THE NEW ZEALAND ECONOMY 2017 21 August 2017 CRUISE TOURISM S CONTRIBUTION TO THE NEW ZEALAND ECONOMY 2017 Prepared for New Zealand Cruise Association Document reference:

More information

PRIME RETAIL WAREHOUSE INVESTMENT OPPORTUNITY. Unit 1 Southampton Road Salisbury SP1 2LE

PRIME RETAIL WAREHOUSE INVESTMENT OPPORTUNITY. Unit 1 Southampton Road Salisbury SP1 2LE PRIME RETAIL WAREHOUSE INVESTMENT OPPORTUNITY Unit 1 Southampton Road Salisbury SP1 2LE INVESTMENT SUMMARY n Prominent retail warehouse in main out of town location n Passing rent of 390,575 per annum

More information

SAFARI GROUP DELIVERS A UNIQUE PROPERTY INVESTMENT OPPORTUNITY

SAFARI GROUP DELIVERS A UNIQUE PROPERTY INVESTMENT OPPORTUNITY SAFARI GROUP DELIVERS A UNIQUE PROPERTY INVESTMENT OPPORTUNITY Queenstown www.propertyinvest.net.nz WELCOME Introducing a new hotel investment opportunity in the heart of New Zealand s alpine and adventure

More information

SUBMISSION TO THE STANDING COMMITTEE ON INDIGENOUS AFFAIRS

SUBMISSION TO THE STANDING COMMITTEE ON INDIGENOUS AFFAIRS SUBMISSION TO THE STANDING COMMITTEE ON INDIGENOUS AFFAIRS ON THE GROWING PRESENCE OF INAUTHENTIC ABORIGINAL AND TORRES STRAIT ISLANDER STYLE ART AND CRAFT PRODUCTS AND MERCHANDISE FOR SALE ACROSS AUSTRALIA

More information

Well Let Premier Inn Hotel Investment. Premier Inn, Castlegate Business & Leisure Park, Castlegate Way, Dudley DY1 4TA

Well Let Premier Inn Hotel Investment. Premier Inn, Castlegate Business & Leisure Park, Castlegate Way, Dudley DY1 4TA Well Let Premier Inn Hotel Investment Premier Inn, Castlegate Business & Leisure Park, Castlegate Way, Dudley DY1 4TA INVESTMENT SUMMARY n Located on an established leisure and office park adjacent to

More information

URBIS RESIDENTIAL MARKET & ECONOMIC OUTLOOK HAMILTON

URBIS RESIDENTIAL MARKET & ECONOMIC OUTLOOK HAMILTON URBIS RESIDENTIAL MARKET & ECONOMIC OUTLOOK FEBRUARY 2015 WALKABILITY & ACCESSIBILITY Hamilton NEW FARM 4 OXFORD STREET GOLD COAST 40MIN PORT OF BRISBANE 15MIN 2 1 7 ROYAL QUEENSLAND GOLF CLUB 3MIN NORTHSHORE

More information

Xchanging Block C, Fulwood Park, Caxton Road, Fulwood, Preston PR2 9NZ

Xchanging Block C, Fulwood Park, Caxton Road, Fulwood, Preston PR2 9NZ Xchanging Block C, Fulwood Park, Caxton Road, Fulwood, Preston PR2 9NZ Investment Summary Out of town office Investment Modern 2 storey office, built in 2002 10,703 sq ft (53 car parking spaces) Let to

More information

Ericsson. Facility. Athlone, Co. Westmeath. For Sale by Private Treaty

Ericsson. Facility. Athlone, Co. Westmeath. For Sale by Private Treaty the Ericsson Facility Athlone, Co. Westmeath For Sale by Private Treaty Tenant Not Affected the Ericsson Facility Cornamaddy Road, Athlone, Co. Westmeath A truly great investment opportunity! Fully Let

More information

Key Stats. Of 11 peer cities assessed, Calgary has the second highest level of economic power comparing GDP per capita

Key Stats. Of 11 peer cities assessed, Calgary has the second highest level of economic power comparing GDP per capita economy 20 Key Stats Of 11 peer cities assessed, Calgary has the second highest level of economic power comparing GDP per capita - Deloitte, Benchmarking Calgary s Competitiveness, 2015 Of 11 peer cities

More information

Financial Benchmarking and Market Trends for Government Contractors: How Does Your Company Compare?

Financial Benchmarking and Market Trends for Government Contractors: How Does Your Company Compare? Financial Benchmarking and Market Trends for Government Contractors: How Does Your Company Compare? Presented by: Lynne Gummo, CPA Christine Williamson, CPA Partners, CohnReznick June 14, 2017 PLEASE READ

More information

SHORT BREAKS TO NSW INTRODUCTION

SHORT BREAKS TO NSW INTRODUCTION SHORT BREAKS TO NSW March 2016 INTRODUCTION This document provides demographic profile of domestic and international short break 1 visitors to NSW, and their travel behaviour. It makes comparisons in terms

More information

Prime, well secured, freehold, retail investment Old Christchurch Road, Bournemouth BH1 1DR

Prime, well secured, freehold, retail investment Old Christchurch Road, Bournemouth BH1 1DR Prime, well secured, freehold, retail investment INVESTMENT SUMMARY A prime retail investment, on Old Christchurch Road within close proximity to The Square and Commercial Road. An established retailing

More information

Half Year F1 Results. November 4, 2015

Half Year F1 Results. November 4, 2015 Half Year F1 Results November 4, 2015 F17 Q1 Results 20 JULY 2016 Q1 BUSINESS HIGHLIGHTS Passenger growth of 18% to 5.8m pax on 17% seat growth Record underlying profit of 38.6m (+14%) despite Easter effect

More information

OUTLOOK WEST END MARCH 2016 A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL 1 POP 2 INF 3 EMP

OUTLOOK WEST END MARCH 2016 A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL 1 POP 2 INF 3 EMP OUTLOOK A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL West End is perfectly positioned to benefit from the balance of inner-city living with commercial, retail and lifestyle amenity alongside

More information

CEDAR HOUSE Spa Road, Gloucester, GL1 1XL SOUTH WEST OFFICE INVESTMENT WITH ASSET MANAGEMENT OPPORTUNITIES

CEDAR HOUSE Spa Road, Gloucester, GL1 1XL SOUTH WEST OFFICE INVESTMENT WITH ASSET MANAGEMENT OPPORTUNITIES CEDAR HOUSE Spa Road,, GL XL SOUTH WEST OFFICE INVESTMENT WITH ASSET MANAGEMENT OPPORTUNITIES INVESTMENT SUMMARY An extensive office building in central providing 38,427 sq ft (3,569.98 sq m) of Office

More information

Mr. Adel Al-Banwan Deputy CEO

Mr. Adel Al-Banwan Deputy CEO The 8th Forum for Listed Companies and Analysts ALAFCO Aviation Lease and Finance Co. Mr. Adel Al-Banwan Deputy CEO (18 th April 2016) ALAFCO Aviation Lease and Finance Company K.S.C.P. ALAFCO Aviation

More information

AIR CARGO RECOVERY DRIVERS AND ROADBLOCKS Airports Council International North America Calgary

AIR CARGO RECOVERY DRIVERS AND ROADBLOCKS Airports Council International North America Calgary AIR CARGO RECOVERY DRIVERS AND ROADBLOCKS Airports Council International North America Calgary DAN MUSCATELLO Landrum & Brown September 9, 0 Metric Tons (in millions) GLOBAL AIR CARGO VOLUMES Global air

More information

The Property Franchise Group

The Property Franchise Group The Property Franchise Group Capital Markets Event 22 October 2015 This afternoon s agenda 2 15:15 Welcome Richard Martin, Chairman 15:20 Introduction to MartinCo PLC Ian Wilson, Chief Executive Officer

More information

Built better. AURA. Due Diligence Project Report. (07) builtbetter.com.au. 1 builtbetter.com.au

Built better. AURA. Due Diligence Project Report. (07) builtbetter.com.au. 1 builtbetter.com.au Built better. AURA Due Diligence Project Report (07) 5370 1800 info@ 1 WELCOME TO AURA Aura is a city where health, happiness and prosperity are right on your doorstep. This exciting new destination combines

More information

WELL SECURED, CITY CENTRE, RETAIL INVESTMENT. 2a, 2b & 2c Wulfrun Square, Wolverhampton

WELL SECURED, CITY CENTRE, RETAIL INVESTMENT. 2a, 2b & 2c Wulfrun Square, Wolverhampton WELL SECURED, CITY CENTRE, RETAIL INVESTMENT 2a, 2b & 2c Wulfrun Square, Wolverhampton ð INVESTMENT SUMMARY Wolverhampton is a dynamic, thriving city in the West Midlands benefitting from a primary catchment

More information

Secured Partnership Investment

Secured Partnership Investment MULTI-CURRENCY INVESTMENT Secured Partnership Investment Signature Park, Liverpool 2 Commuters to Liverpool spend a substantial percentage of their salary just to park near their place of work. 3 Managed

More information

UK Office Market Outlook H2 2014

UK Office Market Outlook H2 2014 UK Office Market Outlook H2 Regional revival The investment market led the charge in but by year-end the occupational market had matched the pace with all major markets outside London (asides from the

More information

$ bn. $1.1bn total spend. 340,500 arrivals. 5m total nights. 23% dispersed nights 1. Singapore Market Profile. Performance overview

$ bn. $1.1bn total spend. 340,500 arrivals. 5m total nights. 23% dispersed nights 1. Singapore Market Profile. Performance overview Market Profile Performance overview In 2013, Singapore was Australia s 5th largest inbound market for visitor arrivals, seventh largest market for total expenditure and 14th for visitor nights. It was

More information

Lippo Malls Indonesia Retail Trust 4Q 2016 Results Presentation

Lippo Malls Indonesia Retail Trust 4Q 2016 Results Presentation Lippo Malls Indonesia Retail Trust 4Q 2016 Results Presentation 15 February 2017 Disclaimer Certain statements in this presentation concerning our future growth prospects are forward-looking statements,

More information

PENTLAND HOUSE, EDINBURGH QUALITY OFFICE INVESTMENT

PENTLAND HOUSE, EDINBURGH QUALITY OFFICE INVESTMENT PENTLAND HOUSE, EDINBURGH QUALITY OFFICE INVESTMENT INVESTMENT SUMMARY Quality Office investment located in Scotland s Capital City Let to The Scottish Ministers with over 10 years unexpired Low passing

More information