Sai Pothuri’s Post

Vancouver retail real estate market remains 'robust' Contact me to discuss the latest scoop in real estate! #burnabyrealestate #portcoquitlamrealestate #portmoodyrealestate #teamshah #coquitlamrealestate #vancouverrealestate

In the world of high-end real estate, London has always been a market of keen interest. A recent article published by PrimeResi Journal provides a critical analysis of the trends and shifts observed in the prime and super-prime segments of London’s property market during the fourth quarter of 2023. This review offers invaluable insights for professionals and investors navigating this complex and dynamic sector. The closing quarter of 2023 marked a noteworthy transition in London’s prime property market. Contrasting with the generally subdued trends earlier in the year, there was a discernible increase in demand for properties within the £2 million to £10 million bracket. This shift suggests an emerging dynamism that could potentially redefine market sentiments. The report highlights specific areas within London that have shown remarkable performance. Richmond, for instance, experienced a significant quarterly surge in demand, rising by 10.9%. Chiswick led the prime market with an impressive 52.1% demand. Other areas, including Islington, Wimbledon, and Notting Hill, also reported substantial increases, indicating a heightened interest in these prime locales. On an annual scale, the picture is more varied. The report indicates a marginal 0.7% decline in demand across the core prime market compared to the previous year. This data reflects the market's resilience, albeit with a cautious note on its full recovery to pre-existing levels. Marc von Grundherr, director of Benham and Reeves, offers a balanced view. He acknowledges the subdued performance of the high-end market throughout the year but points to the emerging signs of recovery in the core prime market. However, he also notes that the super-prime sector might take longer to experience similar momentum. For professionals and investors, understanding these nuanced trends is crucial for making informed decisions in this evolving landscape. The report serves as a reminder of the importance of in-depth, localised market knowledge in navigating the intricacies of London’s high-end real estate market. Read the full article here: https://lnkd.in/emrVANiC #elicyon #interiordesign #primeresi

Demand for retail real estate in Southwestern Ontario has steadily outpaced supply for the past three years, leading to historic lows in vacant space and rental rates rising by roughly 6 per cent. Over the past years, the total amount of space that was moved into minus the amount of space that was moved out of (i.e. net absorption) has outgrown the amount of space added to the market (i.e. completions) by roughly 2 million square feet. Tightening retail fundamentals is not a post-pandemic phenomenon in SW Ontario, it seems to be a trend! Read more below and check out our highlights from the most recent StatsCan publication on consumer spending.

NORTH LONDON, N2 2 Properties – Mixed Use With Planning to Add More Resi Units Freehold   More details from steve@kesscorgroup.com #OffMarketDeal #OffMarketDeals #MixedUseProperty #PlanningPermission #RealEstateDevelopment #PropertyInvestment #MixedUseDevelopment #CommercialRealEstate #UrbanDevelopment #InvestmentOpportunity #PropertyMarket #RealEstate #DevelopmentOpportunities #CommercialProperty #ResidentialProperty #PropertyDevelopment #UKRealEstate

Demand for retail real estate in Southwestern Ontario has steadily outpaced supply for the past three years, leading to historic lows in vacant space and rental rates rising by roughly 6 per cent. Over the past years, the total amount of space that was moved into minus the amount of space that was moved out of (i.e. net absorption) has outgrown the amount of space added to the market (i.e. completions) by roughly 2 million square feet. Tightening retail fundamentals is not a post-pandemic phenomenon in SW Ontario, it seems to be a trend! Read more below and check out our highlights from the most recent StatsCan publication on consumer spending.

The Q4 2023 Median House and Unit prices are now available. Melbourne Metro House: $909,000 (⬇️ 2.15%) Melbourne Metro Unit: $633,000 (unchanged) Some observations: - Since the peak of Q4 2021 ($1,135,000) the Melbourne Metro House price has reduced on 8 consecutive occaisons; now 19.9% lower than 2 years ago. - From the low of Q1 2019 to the peak of Q4 2021 the Median House Price increased sharply by 43.3%. During the same period the Median Unit Price increased by 18.05% - Since the peak of Q4 2021 ($693,000) the Melbourne Metro Unit price reduced on 4 consecutive occasions then increased or stayed unchanged on the next 4. Currently 8.65% below the peak. In comparison the Median House price in Sydney in now over $1,400,000. For information about how your suburb is performing or any general real estate assistance please contact me at your convenience. 0422339791 / leong@garypeer.com.au #RealEstate #PropertyMarket #RealEstateAgent #realestatemarket #medianhouseprice #propertyprices

Stay Updated with Our Landlord Insights! Are you a landlord looking to stay ahead in the retail real estate in Melbourne CBD? Get the latest updates on leasing opportunities and market trends. Feel free to reach out to Cam Taranto or Michael DiCarlo to be added to our exclusive Landlord Updates. Let's connect and ensure you're always informed! https://lnkd.in/gvAgjnc9 #CWretail #LeasingOpportunities #LandlordUpdates #MarketTrends #RealEstateInsights

Read the latest commercial property news in our Commercial Property Market Review. Including BNP Paribas Real Estate opinion, Colliers’ view on retail, an update from Savills and Glasgow’s limited office space #commercialproperty #retail #Glasgowoffices 

Read the latest commercial property news in our Commercial Property Market Review. Including BNP Paribas Real Estate opinion, Colliers’ view on retail, an update from Savills and Glasgow’s limited office space #commercialproperty #retail #Glasgowoffices 

Going to be seeing a lot more of this over the next few years as so many commercial spaces remain empty following the pandemic and maturing interest rates are causing defaults and allowing commercial properties to be acquired at deep enough discounts to justify the investment in redevelopment. #RealEstate https://lnkd.in/g3rA8TgA