Women a rising force in the world of industrial real estate

Discussion in 'Commercial Property' started by Azazel, 24th Jan, 2016.

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  1. Azazel

    Azazel Well-Known Member

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    Women on the hunt for industrial property deals

    Women a rising force in the world of industrial real estate

    "FORGET diamonds, factories are a girl’s new best friend.

    A new generation of women is smashing gender barriers by reaping huge profits from what was once considered a purely male domain: industrial properties.

    Commercial property expert Lillie Cawthorn said women were a rising force in the world of industrial real estate, and it has become increasingly enticing, being more affordable than houses.

    They also get better rents and usually serve up returns of “7 to 10 per cent”, she said, while residential real estate “returns 2 to 5 per cent”."

    Interesting to see commercial property getting some publicity on a mainstream news site.
     
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  2. Xenia

    Xenia Well-Known Member

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    I would not expect anything else.
    The power of being female surpasses anything in this world.
     
  3. balwoges

    balwoges Well-Known Member

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    Whether male or female, commercial properties are tricky ... :)
     
  4. Bran

    Bran Well-Known Member

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    Imagine if any male had written the opposite statement.
     
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  5. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    As resi becomes more expensive some people may turn to commercial.

    I would suspect that end of the commercial market is often as dodgy as the lowest quartile of the resi market. Longer vacancies, smaller tenants, dodgier tenants and high maintenance units.

    5-7% yield may look attractive on paper when compared to standard resi but if something takes 6mths to rent out that drops too low.

    Not many of us would go for a 2-3% resi anyway. We want our cake and eat it :p
     
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  6. Scott No Mates

    Scott No Mates Well-Known Member

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    I'm in Manly atm. So the kids are full of manly jokes.

    So how will I know if I have a manly property?
     
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  7. mrdobalina

    mrdobalina Well-Known Member

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    How's this relevant to man or woman?
     
  8. teetotal

    teetotal Well-Known Member

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    Then they'd be called sexists.
     
  9. datto

    datto Well-Known Member

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    Easy. There is only one toilet and the seat is always up!
     
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  10. Azazel

    Azazel Well-Known Member

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    Yeah, it sounds good in theory.
    Would start to get painful pretty quick if the tenants went bust.
    But there are some good ones out there. The rookies are the ones likely to get stung, just like residential RE.
     
  11. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    Agreed. Our smaller units are leased by mom and pop businesses and they have the highest turnover. We are wrangling through courts for one bathroom reno company who set up all these display bathrooms in the unit, stripped them bare of fittings but left all these tiled walls/alcoves and walked out. It cost a lot to return it to bare she'll again and fit for new tenants
     

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