Adam Greene

Napier & Blakeley welcomes back Rachel Brook

We take great pleasure in announcing that Rachel Brook has returned to Napier & Blakeley to advise clients in Queensland with particular focus on the Sunshine Coast.

Rachel was originally with N&B in Brisbane from 2014 to 2018 and developed her skills across a wide range of our QS services.  Since then, she has travelled through Europe and further developed her quantity surveying and cost consultancy expertise back in the Sunshine Coast with a tier 1 contractor and within property management.

Rachel is based in the Sunshine Coast and her appointment supports the increasing development activity in the region and enhances N&B’s ability to provide our clients with professional services and local knowledge.

For development advice on the Sunshine Coast and Queensland please contact Rachel, Paul or Adam. Continue reading

Property Sector Spotlight : Industrial & Logistics

The industrial & logistics property sector became the hot favourite in 2020, outperforming all other property types. 

The rise of e-commerce has driven major brands to expand their footprint and therefore leasing activity.  Vacancy rates are at all-time lows and major development work is underway to meet demand.  Several AREITS are continuing their growth in this asset class and Transaction volumes were up to $3.5 billion in 2020, from $2.3 billion in 2019 – as recently reported.

So, what makes the sector tick?  Here are some attributes and advantages of the sector from our perspective.

Construction and development advantages

  • Over time construction costs in the sector have been less susceptible to escalation than other asset types.  This stability provides greater confidence to Developers when planning their next project.
  • The speed of construction enables Developers to receive a return on their investment earlier than most other forms of development.
  • Tried and tested construction techniques in the sector generally lead to less variations than other forms of construction.
  • There are also tax depreciation benefits available to developers / investors upon project completion. Continue reading