This page contains a Flash digital edition of a book.
PR
OPER
The Australian
TY
property
market
Why it’s a world leader.
mark
By John Elvy
The Australian property market has, for many years,
been a world leader. It was the first to establish a
successful model for unlisted and listed property
trusts. This provided many smaller individual
investors with an opportunity to participate in
the ownership of major commercial property
investments. The liquidity of the listed market
ets
provided the flexibility to hold, sell all, or a portion
of their investment. Indian investors primarily prefer
to invest in gold and property. They have been
disinclined to participate in syndicates or trusts, as
they like to be in control of their investment portfolio.
Sustainability agenda
Australia has driven and embraced the sustainability
Sydney CBD.
agenda. The substantial global benefits of
environmentally sustainable residential and commercial
buildings has become a preferred option for investors.
ProPerty inveStment
Tenants occupancy costs and building outgoings highlightS
are reduced, the health and wellbeing of employees
l Companies such as Leighton have built two
enhanced, building property values can improve by up new Nokia factories in Chennai and are about to
to 1 per cent in the yield and tenants will stay longer
start a third. There is no doubt, the cross border
in occupation. As for residential property, there is
investment relationship between Australia and
India is strong and will grow further.
growing demand from purchasers for sustainable living
l Leighton is Australia’s largest contractor for
accommodation. Consultants and developers in India
infrastructure, mining and commercial building.
have also embraced the sustainability program and A partnership with them would create a major
established the Green Building Council of Australia.
development group, capable of capturing a
substantial slice of the Australian development
Stable construction
market.
l Although rentals have reduced values in many
The construction industry in Australia is very stable.
sectors of the market, the underlying growth
Our technology and disciplines are regularly exported
bodes well for the medium
to Asia, India and the Middle East. Due to the huge
to long term. Undersupply in both residential
population in India, many cost and time saving
and commercial sectors will not be satisfied
for 3-5 years. Australia, particularly NSW, is the
measures are not used. This is mainly due to the need
prime target market.
to create jobs and reduce the otherwise substantial
l As confidence improves and the economy
costs of funding a huge social program. Developers
stabilizes, demand will strengthen. Those
have demonstrated their ability to make significant cost
investors/developers with sites in growth
savings through the skilled management of projects.
sectors, prepared to spend the ‘extra upfront’
costs to build five and six star sustainable
We offer the opportunity to add value to the Indian
buildings will be the winners over the next
development market, through either joint ventures or 10 years.
engaging development managers from Australia. ➤
INVEST IN AUSTRALIA – INDIA 49
Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104  |  Page 105  |  Page 106  |  Page 107  |  Page 108
Produced with Yudu - www.yudu.com