Archive for October 25th, 2007

Investor bets on TAB

Thursday, October 25th, 2007

A TAB outlet at 1/124-126 Military Road in Neutral Bay, New South Wales, has sold prior to auction. The property was purchased by a Chinese based investor on a net yield of 6.65 %.

Mild knock-on effect for WA

Thursday, October 25th, 2007

Should the USA have a slowdown or recession, the resulting flow through to commodity demand in Asia should only have a mild affect on the robust West Australian economy, according to Jones Lang LaSalle’s head of forecasting services, John Sears.

Opportunity in Ringwood

Thursday, October 25th, 2007

A warehouse and office in the east Melbourne suburb of Ringwood is set to be auctioned by Sutherland Farrelly at the end of October. Zoned Industrial 1, the property comprises 950 sqm of warehouse and office space.