The Commercial Collection Q1 2024
Over the past seven years, Newcastle has invested heavily in infrastructure and development. This has led to a strong population growth and has increased its reputation in the market, attracting new investment in the region. The promise of increased stock, sustainability initiatives, and the adaptability of local businesses have collectively set the stage for a dynamic market environment.
The Commercial Collection Q4 2023
Newcastle is being viewed more positively in the lending market due to its population growth, ties to industry and proximity to Sydney. Several large-scale projects ($100m plus) undertaken by Sydney based developers have been successfully delivered, helping to lift the profile of the region in the eyes of lenders, developers, and investors.
The Commercial Collection Q3 2023
The Health, Aged Care and Retirement sector continues to see strong activity with demand for established facilities stabilising overall. As a specialist in this sector, we are seeing a mixed approach with some operators not engaging in acquisitions currently whilst numerous others are actively purchasing new facilities.
The Commercial Collection Q2 2023
The real estate market remains in a state that has not been seen since prior to COVID-19. Liquidity and cost to service debt is a key driver in positions being adopted across the board. The commercial and industrial property market is often bolstered by a longer-term approach which we continue to see in the Newcastle and Hunter region.
The Commercial Collection Q1 2023
While the market continues to be cautious and monitor the macro-economic environment, it is clear that the Newcastle market remains resilient from the impact of COVID-19 and is predicted to remain this way. Our transactions across the board remain stable and property enquiries continue to be strong.