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Incentives Are Driving Tenants Back into CBD Office Space

After a tough period for CBD property around the country, a leading valuer is starting to see tenants finally return.

Incentives Are Driving Tenants Back into CBD Office Space

Herron Todd White (HTW) notes that large incentives on offer from owners have made the inner-city locations incredibly appealing.

Because of the lack of demand for office space – particularly in the Melbourne CBD – face rents are under pressure leading to incentives growing to as much as 30-40 percent, depending on leasing lengths.

“As the CBD vacancy rates rise, along with incentives, we expect to see a flight to quality out of the suburbs and fringe CBD locations and into the high-quality CBD office spaces on offer for roughly the same total occupancy cost,” HTW said.

By |February 21, 2022|Categories: Social|Tags: |0 Comments

Top Reasons to Invest in New Equipment for Your Small Business

Most businesses understand the importance of investing in equipment to move their business forward. As the saying goes, you need to spend money to make money. Here’s why it’s important.

Top Reasons to Invest in New Equipment for Your Small Business

Efficiency

Old equipment might get the job done, but is it going to be the most efficient way of doing things? With equipment financing, you can improve productivity, reduce project timelines, and increase the output of your business without needing additional resources.

 

Tax benefits

Depending on your individual circumstances, you could be eligible for write-offs and deductions that see you benefiting more from investing in new equipment than if you didn’t.

 

Workplace satisfaction

With new, state of the art equipment, your business becomes a place employees want to be, and customers want to visit. With better aesthetics and new technology, the increased capabilities make your business stronger and more desirable.

By |February 20, 2022|Categories: Social|Tags: |0 Comments
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