Office asset repositioning [electronic resource] securing a premium position in Australia's CBD office markets
Office asset repositioning securing a premium position in Australia's CBD office markets [electronic resource]
- [Australia] JLL 2009
Looks at "asset repositioning", which is defined as committing capital to major project to refurbish a building, at a point relative to the life cycle of the real estate asset, property cycle and tenant expiry profile. The aim of such refurbishment is to improve returns and guard against against future obsolescence. Evidence from the Australian market suggests that office buildings need a major refurbishment every 20-25 years if they are to remain competitive.
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Australia
333.33 $2 18
Looks at "asset repositioning", which is defined as committing capital to major project to refurbish a building, at a point relative to the life cycle of the real estate asset, property cycle and tenant expiry profile. The aim of such refurbishment is to improve returns and guard against against future obsolescence. Evidence from the Australian market suggests that office buildings need a major refurbishment every 20-25 years if they are to remain competitive.
Advanced
Australia
333.33 $2 18