Commercial tenants become owners

Date: 6 June 2017
Commercial tenants become owners
Right across Australia, historic low interest rates are stimulating the property market and commercial property has also been a beneficiary.
First National Commercial members report relatively strong demand for commercial investment property nationwide, but increasingly some of that demand is coming from tenants themselves.
Rising commercial rents have convinced many tenants that now is the ideal time to own their own property.
In some parts of Melbourne for example, rents have climbed by approximately 30 per cent in the past twelve months.
Back to articles Filed under: Media / National|WA|NSW|QLD|ACT|VIC|NT|TAS|SA News Tags: australia, commercial, commercial investment property, commercial members, commercial property, commercial real estate, commercial tenants, first national, first national commercial, low interest rates, owners, property market, real estate
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