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UDIA Sunshine Coast 5 Key Economic Drivers

The Sunshine Coast branch of the UDIA has developed a regional economic development strategy based on the outcomes identified in the “What Works” Study undertaken by the University of the Sunshine Coast in collaboration with the Sunshine Coast Business Council.

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Maroochydore remains the preferred location on the coast for business

Read Savills Research paper outlining the current climate of the Sunshine Coast commercial office market and why Maroochydore is a top location for development and investment.

Offices to outperform other commercial sectors: NAB

Investors in offices will benefit from strong capital growth and higher rental increases relative to other commercial assets over the next two years, according to NAB’s June quarterly commercial property survey. READ MORE...


Time to set up for a strong recovery cycle

THE commercial, retail, hotel and industrial property markets have passed the trough of the cycle and begun the long road of recovery. And some players are starting to realise what a recovery it will be. READ MORE...


Coast developers build confidence

Developers on the Sunshine Coast are doing more than digging themselves out of a hole – they're pouring concrete and building.

Confidence for builders and developers has been consistently eaten away with funding from banks still hard to secure. READ MORE...


Office rents will need to rise before supply catches up with demand

Frank Gelber - The Australian April 7, 2011

Office markets are in for five years of increasingly tighter leasing conditions. The collapse in new office developments during the global financial crisis is hitting supply - even moderate demand will result in falling vacancy rates.

The tightening leasing markets will shift the balance of power from tenants to owners, causing a rise in rents. READ MORE... 


Flurry to sell local, buy global.

Carolyn Cummins - Fairfax Media April 6, 2011

Sales will dominate commercial property as the end of the financial year looms and investors jockey for a foothold in the market.

Australians are looking to sell assets overseas while overseas investors are looking to buy local assets from listed real estate investment trusts. READ MORE... 


Commercial Space Booms

Katherine Jimenez - The Australian April 6, 2011

Commercial property may not be the most obvious place to park your money but financial experts believe investors should be looking at it.

With business confidence picking up, investment opportunities in commercial property are now greater than in the residential market, with yields nearly three times as high. READ MORE...


Building Site comes to life

Domain Commercial - 26 March, 2011

The Corporate Centre rises from the ground, showing confidence in the market.

Dozens of concreters, plumbers, electricians, scaffolders, form workers, carpenters and civil contractors all descended on the site of the $14.5 million Corporate Centre at 13 Norval Court, Maroochydore this week, turning mere plans into bricks and mortar. READ MORE...


News - Edition 1, 2011 

MCH Corporation - February 2011 

  • Corporate Centre Maroochydore
  • Hutchinson Builders profile
  • Investing in Commercial Property
  • Life Planning Financial Services join the Corporate Centre
  • Commercial ve Residential Investment
  • READ MORE... 

There's going to be an office boom but have patience and think long term.

Frank Gelber - The Australian 24 February, 2011

What should we do to position for the coming office boom?

That's right - I said "boom". By over-reacting on the cautious side after the global financial crisis, by decimating finance for development and hence new construction, we've set up the office markets for a long period of undersupply. We've set the preconditions for a boom.

It won't happen quickly. There is still plenty of vacant space for businesses to lease. This year will be solid rather than spectacular; next year will pick up pace. But it will take time to build momentum into a boom peaking in five to six years. READ MORE...


Office Market Bounces Back

Property Council of Australia - 31 January, 2011

Demand for Australia’s office market has bounced back from the global financial crisis (GFC), and a sustained recovery is contingent on greater confidence about economic growth fundamentals.

The Property Council’s latest Office Market Report shows Australia’s office vacancy rate fell in the six months to January 2011. The outlook is for this positive trend to continue. READ MORE...


Contract sparks new CBD era

Domain Commercial - November, 2010

Congratulations and celebrations flowed as the contract to build The Corporate Centre at Maroochydore was signed.

The landmark deal is worth $14.5m for the 36-lot strata title office. The agreement heralds the beginning of a new era in the CBD, with a multi-million dollar building investment and hundreds of jobs being created. READ MORE...


A Sign of Better Times

Sunshine Coast Daily - 2 December, 2010

The recently-signed contract to build The Corporate Centre at Maroochydore is significant, and not just because it is worth $14.5 million.

It also signals a potential turnaround in the fortunes of the construction industry on the Sunshine Coast. READ MORE...


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