News & Media
May Estates is actively involved in supporting the Bentley Drivers Club of New South Wales, which is a small group of like-minded motoring enthusiasts. Not all members own Bentley motor cars, but members do have the opportunity to participate in a range of driving &...
One of the positive side effects of the global pandemic appears to be renewed interest in regional areas. In one of my areas of activity, the Southern Highlands, we have seen significant growth in new small business, particularly from those who are serving the construction...
As we all know too well, our world is rapidly changing, as our shopping activities and habits. Whilst many of us initially resisted the allure of online shopping, social media, pervasive online advertising, becoming increasingly time poor and the lure of online only bargains...
As a result of the publication on 7th April 2020 by the Australian Government of a poorly thought out and unclear Mandatory Code of Conduct for Commercial tenancies, many Landlords are finding themselves in a diabolical position. The Code provides certain protection for...
COVID-19 effect on Commercial Property Owners
The recent government enforced shut down of many small businesses, particularly retail, will impact in some way on commercial property owners.
It is hoped that if all abide by the recent restrictions on congregation and...
The recent government enforced shut down of many small businesses, particularly retail, will impact in some way on commercial property owners.
It is hoped that if all abide by the recent restrictions on congregation and...
COVID-19 implications for the Retail Property Market in Australia.
Whilst we are only at the beginning of the COVID-19 epidemic, it is impossible to say at this time how long this will affect our daily lives & shopping habits. Needless to say, it is going to have some...
Whilst we are only at the beginning of the COVID-19 epidemic, it is impossible to say at this time how long this will affect our daily lives & shopping habits. Needless to say, it is going to have some...
BUSHFIRES & COVID -19 Positive implications for Australian Business
The bushfires are finally out & COVID-19 has arrived to provide further challenges to us.
General comment in the press and the Stock Market movements suggests that we are in for a recession.
When...
The bushfires are finally out & COVID-19 has arrived to provide further challenges to us.
General comment in the press and the Stock Market movements suggests that we are in for a recession.
When...
There has been much talk in the Media about the rise of shared work space providers such as WeWork, Wotso, Regus & Servcorp.
My view, for what it is worth, is that these groups are reacting to the changes, decisions & whims of business in many instances...
Most of you have observed the vacant shops in your local shopping centres and wondered why is it so?
Properties which have always been occupied by the local butcher, greengrocer, fish shop, chemist shop, gift store, clothing shop, etc.. are now occupied by hairdressers, nail...
Properties which have always been occupied by the local butcher, greengrocer, fish shop, chemist shop, gift store, clothing shop, etc.. are now occupied by hairdressers, nail...
It would be an understatement to say that the retail market has been challenging of late. The Lowy Family has moved away from it, Big Box Retailers such as David Jones and Myer are speaking of downsizing their footprints or existing sites which are deemed to be unviable, and...
Recently, the Sydney Industrial property market has been the focus of much interest. It seems to be running hot both from Investor and Occupier perspectives.
Why is this the case? The reasons are manifold, but I shall try to elucidate.
Firstly, we have seen a significant...
Why is this the case? The reasons are manifold, but I shall try to elucidate.
Firstly, we have seen a significant...
Whilst I am not an authority on the CBD office market, I am astounded to see the current spate of demolition and new construction which is happening in the Sydney CBD at the moment.
The construction of the Sydney Metro undoubtedly took a good deal of stock out of the market...
The construction of the Sydney Metro undoubtedly took a good deal of stock out of the market...
Real estate has become a critically important asset class for many investment managers with property assets under management worldwide reaching a record €2.7tn at the end of 2017 after almost doubling in size over the past four years. Blackstone tightened its grip on its...
The likely impact of the growth of online sales on the rental potential & capital value of retail property assets.
Australia today as summarised by the ABS.
Definition of retail sales & references
Data & its limitations.
NAB’s bold statement in 2017...
Australia today as summarised by the ABS.
Definition of retail sales & references
Data & its limitations.
NAB’s bold statement in 2017...
Australia’s building market will shift into reverse over the next three years led by a collapse in residential starts, predict economists at BIS Oxford Economics (BIS).In its Building in Australia 2017-2032 report, BIS economists forecast high-rise apartment...
E-Commerce or online sales are changing the how we do business today in Australia. Interesting & astounding figures provided by the National Australia Bank estimated that around 71% or $21.7 billion of the total retail sales that took place in Australia for the year ended...
Amazon hasn't confirmed it, but various observers think they've pieced together enough evidence to indicate that this year the online retail giant will set up warehousing and distribution in Australia. For Australians that will mean cheaper access to a range of...