We want to talk about foresight – and a sleeping giant. When it comes to commercial property development, foresight is critical. Commercial buildings, to be cost-effective, must have a long lifespan. An awareness of the significance of location and the inclusion of infrastructure – such as for example multi-core fibre-optic cable – are essential to ensure…
DetailsThe Federal Government has launched a review of its Commercial Building Disclosure (CBD) program. The program was introduced by the Building Energy Efficiency Disclosure Act 2010, along with other measures to improve energy-efficiency in commercial buildings. It was developed by all Australian governments as part of the broader national strategy directed at energy-efficiency. The commercial…
DetailsOwners and lessees of retail property will soon operate under a clearer legal framework following changes by the Queensland parliament to the Act via the Retail Shop Leases Amendment Bill 2015. Changes to retail shop leasing laws were planned by the former Newman government whose 2014 Bill lapsed due to election of the Palaszczuk Government,…
DetailsQUESTION: When does an infrastructure development become a City Deal project? ANSWER: A City Deal is an agreement between two or more tiers of government to prioritise and jointly invest in infrastructure based on the economic growth it is expected to generate. City Deals seek to ensure that projects have long-term beneficial economic and social…
DetailsIn a recent blog, we considered the tightening of yields for retail property, brought about by the low interest rate environment, share market volatility and weakness in the resources sector. 5% yields are very much in play in boutique retail sector transactions and we have highlighted the need for thorough due diligence, the importance of looking beyond…
DetailsThe Queensland Government, whose coffers have been left somewhat bare, due to the downturn in the resources sector, is looking to residential property to help fill the gap. New Foreign Investor Property Tax QLD is targeting overseas purchasers of residential property through a 3% Additional Foreign Acquirer Duty (AFAD) that came into effect on October 1 via…
DetailsRetail Property: Occupancy Costs and Their Relevance to Market Rent Determinations Understanding the Retail Shop Leases Act 1994 (QLD) is paramount to ensuring ongoing financial success from your retail property asset. As one of a select number of specialist retail valuers in Queensland, I am examining the Act in this new three part series to help…
DetailsRetail Property – The Meaning of Shop and Shopping Centre Understanding the functions of the Retail Shop Leases Act 1994 (QLD) is paramount to ensuring ongoing financial success from your retail property asset. As a registered specialist retail valuer in Queensland, I am examining the Act in this new three part series to help you understand…
DetailsThank you for your interest in our company. We extend you a warm welcome to our new website. I’d like to begin by sharing some personal thoughts with you on the launch of our new blog. Since our establishment in 1997 and our transition into commercial property management in south-east Queensland, we, at Barrington &…
DetailsRetail Property: An Exclusivity Clause in a Retail Premises Lease Understanding the Retail Shop Leases Act 1994 (QLD) is paramount to ensuring ongoing financial success from your retail property asset. As one of a select number of specialist retail valuers in Queensland, I am examining the Act in this new three part series to help you…
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