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Perth Coastal residential development site for sale CBRE

The sale campaign for a Two Rocks residential development site spanning 38.43ha has been reignited – unlocking a prime coastal development opportunity in Perth’s northern suburbs. CBRE Ryan McGinnity has been appointed to manage the sale of the landholding, located at 99 Reef Break Drive, Two Rocks.

Western Australia (WA)

Properties

Albany tourism development site sold for $1.05m - Ray White Commercial (WA)

Vacant development site Albany sold to a Singaporean tourism developer for $1,050,000 by Ray White Commercial (WA) Senior Property Advisor Brett Wilkins and Hotels, Tourism and Leisure Advisor Phil Zoiti.

National

Markets

Australian BTR pipeline grows by 70% in one year - CBRE

Australia’s Build-to-Rent (BTR) pipeline has expanded by 68% over the past year, with 40 projects and the total number of units approaching 15,000 – a new high for the asset class.

News Roundup

https://www.therealestateconversation.com.au/news/2020/04/29/how-much-the-banks-generosity-costing-you/1588121720

How much is the Bank’s generosity costing you?

REINSW CEO Tim McKibbin questions who really is footing the bill when it comes to banks, landlords and tenants.

The Real Estate Conversation

https://www.thehotelconversation.com.au/news/2020/04/23/hotel-investors-still-lookout-amid-covid-19-cbre-survey/1587567615

Hotel investors still on the lookout amid COVID-19 - CBRE Survey

The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2020/04/29/strategies-protect-profit-through-covid-19/1588142204

Strategies to protect profit through COVID-19

IDeaS Revenue Solutions Asia Pacific Vice President Rachel Grier outlines the key levers that hoteliers need to consider in order to protect revenue and profits during the downturn.

The Hotel Conversation

https://www.retalkasia.com/news/2020/04/24/economic-impact-covid-19-weighing-heavily-singapore-cbre-survey/1587701778

Economic impact of COVID-19 'weighing heavily' on Singapore - CBRE Survey

CBRE has released the results of the Asia Pacific Occupier Flash Survey, showing the COVID-19 pandemic has had a significant impact on business sentiment in Singapore.

RETalk Asia

https://www.theaseandeveloper.com/news/2020/04/30/its-important-be-conscious-timelines-how-developers-are-adapting-covid-19/1588210194

'It's important to be conscious of timelines': How developers are adapting to Covid-19

Dan Holden, founder of commercial brokerage firm HoldenCAPITAL, outlines where the challenges lie for Australia's developers moving forward.

The ASEAN Developer

https://www.commo.com.au/news/2020/01/09/australian-commercial-market-will-continue-attract-foreign-capital-2020-says-savills

Australian commercial market will continue to attract foreign capital in 2020, says Savills

Savills Australia and New Zealand CEO Paul Craig has outlined the trends set to shape Australia's commercial sector this year.

COMMO