After nearly 13 years at the helm of boutique commercial property agency NSC Corporate, joint managing directors Steve Carulli and Nick Stanisis are shutting-up shop to join global property player Jones Lang LaSalle.
When Cape Bouvard began speculative construction on a $15 million, seven-level office building in early 2004, Perth’s office vacancy rate was 12 per cent, the market outlook was dismal and construction costs were spiralling.
After a rapid turnaround in the commercial property sector during the past year, property commentators are forecasting a bumper five years ahead, with the market riding on the back of the bounding resources economy.
WHILE a cooling residential property sector may have made most of the headlines in recent months, the big news for market watchers has been in the commercial property sector.
NORTHBRIDGE is receiving interest from developers and real estate agents who see benefits flowing from the tunnel project and associated redevelopment.
02 May 2000
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