The Furture for Property Investment

Whilst the turn of the century and millennium will not foreshadow any dramatic change in the fortunes of, or potential for property investors, nor the use or style of property as an investment, much of tomorrows property will be vastly different than yesterdays.

Incremental changes in property management have been occurring. We can now expect to see some significant shifts and dramatic changes increasing the productivity of the management of property if it is to maintain its relative position and continue to inflation protect investors futures.

Low inflation and interest rates, globalisation, technology, changing workplace needs, tourism and leisure and new business types are impacting on the property cycle and property usage in ways that now require serious changes in the management of investment property.

With institutional property ownership focussing on larger property we expect to see the opening up of new opportunities in our target area. Corporate mergers and new revenue streams trends will create new opportunities.

The co-relationship of direct property to other investment types, its relative stability (often bordering on boring) and its high relative income and inflation protecting benefits, will see this investment type play a major and critical role for investors. Over the next 10 and 20 + years, when it forms a diversified base to a well constructed investment portfolio, property will continue to add risk adjusted value.

Property will not go away, but we must evaluate new opportunities and adapt management to obtain the maximum benefit.