2020 was a challenge for commercial property markets, not just in Australia, but around the globe. Covid-19, through its negative impact on the economy and restriction on people’s movements, hit demand for space, goods and services. But not all property sectors were affected to the same degree. Industrial property stands out as a true survivor, together with parts of the retail sector. Lock downs only further boosted growth in online business, which has been the prime source of demand for industrial space this decade. And investors followed: industrial property became even more attractive than it already was as funds that would otherwise have flown into offices or shopping centres sought home in warehouses. And Brisbane has benefited from this trend with its continuous growth story.

Property valuation industry leaders and professional services firms from across Tasmania gathered last night at The Glass House in Hobart to raise a glass to Acumentis’ expansion into Tasmania.

The purpose of the National Disability Insurance Scheme (NDIS) is to provide reasonable and necessary funding to people with a permanent and significant disability so that they may access the supports and services they need to achieve their goals. Participants receive individual budgets from which they choose the providers to support them.

Further to our recent expansion into Sheppartan and Tasmania, Acumentis is pleased to announce its further expansion into Bendigo and Mitchell regions.

Over the last month, the Sydney market has continued to gain momentum. Auction clearance rates are at the highest levels since 2015 and stock levels remain about 15% below the same levels as last year.

Acumentis acquires property valuation company-Saunders and Pitt in Tasmania, to further expand its geographic footprint

As someone rightly said, “A challenged world is an alert world and from challenge comes change.” As the world celebrates International Women’s Day on the 8th of March – we at Acumentis celebrate all the women at Acumentis who have chosen to challenge the status quo this entire week.

Perth is literally in the eye of the perfect storm. On one side, we have a rental market with a vacancy rate of circa 0.7% and an acute shortage of rental stock, almost entirely across the metro area.