Need some expert views on this type of commercial investment

Discussion in 'Commercial Property' started by Arashi87, 1st Dec, 2015.

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  1. Scott No Mates

    Scott No Mates Well-Known Member

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    From discussions with a couple of contacts in the REIT sector, vacancies are tightening in the A Grade market, appears also to be a fair bit of activity in the sublease market too.
     
  2. DanW

    DanW Well-Known Member

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    6 buildings at Martin place and 13 at Pitt Street are going to be compulsorily acquired for the new metro stations construction.

    That should tighten vacancies a little bit when they disappear.

    But at the same time there is still new development happening.
     
  3. Scott No Mates

    Scott No Mates Well-Known Member

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    @DanW - these few will go (I know the REIT which has a couple of these ones) but Barangaroo will be coming on line. 5 Martin Place is coming up too. So is 300 George St.