Like so many areas touched by the requirements of financial services and their increasingly stringent regulations, business sales are heavily affected by the bank lending environment, which remains tight but active in 2018.
Are neighbourhood centres/small strip retail still a place to invest? There is little doubt it is a very attractive asset class, often sitting in the pricing “sweet spot” for a broad range of investors. Much of the equation may lie in who is the cornerstone tenant underpinning the property.
NAI Harcourts has opened a new commercial location in Southport on the Gold Coast and is looking forward to providing solutions to its commercial property owners.
The annual NAI Global Convention is a powerful reminder of the scale the NAI Global network is, and that NAI Harcourts is a part of. It’s a platform to share global real estate knowledge and make international connections and in turn transactions that most real estate companies do not have the ability to do.