Inside Commercial Property #3 Commercial Asset Types 101
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Aug 7, 2020 Dive into the multifaceted world of commercial property as the hosts explore four key asset types: office, retail, industrial, and specialty. Discover how COVID-19 has reshaped the market, especially for office spaces versus suburban investments. Learn about the evolving retail landscape, where online shopping meets the need for physical stores. Understand the risks of specialty properties like petrol stations. Finally, gain insights into essential investment strategies and the importance of tenant profiles in navigating this intricate market.
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Mixed Market Signals, Industrial Strength
- The commercial property market shows mixed signals with investors fighting over scarce stock.
- Industrial assets are favored now due to strong leasing markets and growth in local manufacturing.
Choose Boutique Modern Offices
- Prioritize modern or boutique office buildings in good locations with established, non-discretionary tenants.
- Avoid CBD office spaces presently due to uncertain market and tight yields.
CBD Offices for Institutions
- CBD office spaces tend to be owned by institutional investors while suburban offices appeal more to retail investors.
- Smaller budgets get fractional floor spaces in CBD but whole buildings in regional areas.