Many experts believe the unprecedented rates of growth in the industrial sector still have at least two or three more years to run, with some believing it will carry on for as many as five.
On the office market for 2022, it is predicted that demand for office space will boost absorption rates and drive market recovery, with the flight to quality indicating that premium and upper A-grade space will be at the forefront of the resurgence in demand.
As an investor, the time to get into the market is now, with investors from across the country and the wider Asia-Pacific region now aware of the opportunities the WA commercial market can offer. Scarcity of land supply in key areas and improving rents have added to the appeal of WA.
“Abundant investor capital is poised for investment in the commercial property sector. WA presents an ideal opportunity; however, the astute investor would be wise to move early in 2022” explains John Percudani, Managing Director at Realmark. WA has been the least-interrupted retail sales market throughout the COVID-19 pandemic and, as a result, the WA market has outperformed in a major way.
“WA is now seen as a healthy alternative compared to other states who have seen consistent lockdowns and spikes of COVID-19 cases. The consistency in trade that we see in WA has seen many national retailers looking west to trade during these troubling times” said Michael Richardson, Director of Retail Sales and Leasing at Realmark Commercial.
The childcare sector has solidified its reputation as a stable industry throughout the COVID-19 pandemic and has been very attractive to investors as they are seen as secure investments in these uncertain times. With attractive returns on offer and continued growth of the sector, along with strong government support, we are noticing childcare investments increasingly sought after across Australia.
"We are seeing blue-chip childcare investments achieve strong yields in recent times and we expect this to continue throughout 2022." Mr Richardson said.
“From transactions Realmark Commercial is closing, it is evident that investors are increasingly being priced out of core markets on the east coast and are looking further afield to secure core investments. Many residential investors are also choosing to turn to commercial real estate, as a hedge to inflationary pressures, attract higher yields and have longer lease security. Investors combine these considerations with quality strata, rental and facility management to achieve asset protection and an overall winning investment outcome” said Mr Percudani.
“At Realmark we stand by our ability in either the residential or commercial markets to ensure our investors and vendors have assurance as conditions evolve in 2022.”
If you’re looking to invest or if you’d like further details on how Realmark Commercial can help you, contact us at leverage@realmark.com.au or 08 9328 0999.