Management Rights

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The Management Rights Market (Page 11)

Buying Management Rights, Selling Management Rights, market outlook, etc

In: Accounting and Finance, The Management Rights Market

Contributed By: Mike Phipps Finance on

In August last year we published an article contemplating credit challenges ahead.  I point this out with no great delight because, for once, it seems we had it right.  Drop me a line if you want a copy of the original article, it’s on our web site. Anyway, one of the key points I raised a year ago was the expected pressure on lenders to reduce interest only lending. That prediction has most certainly come home to roost.  In the past few months we have seen a range of major and second tier lenders bring in restrictive lending standards for interest only property finance andRead More →

In: General Interest, Motels and Hospitality, The Management Rights Market

Contributed By: Resort Brokers on

A torrent of investment in large-scale infrastructure projects is set to stimulate widespread opportunities in the accommodation industry, particularly in regional centres, according to Resort Brokers Australia. The national industry specialist is urging accommodation investors and operators to “follow the infrastructure trail” as Australia embarks on a period of colossal investment in nation-building projects designed to stimulate economic productivity in the short and long term. Commitments, at Federal and State levels, are numerous.  Chief among them are the 1700km so-called ‘Steel Mississippi’ Inland Rail from Melbourne to Brisbane, the giant power-grid battery project dubbed Snowy Hydro 2.0, and the new Western Sydney Airport at BadgerysRead More →

In: General Interest, The Management Rights Market

Contributed By: TheOnsiteManager.com.au on

Calvin Bailey’s North Queensland business was established with Property Pacific in 2003 to provide specialist sales and marketing services to the management rights industry. Previous to this Calvin operated a number of management rights properties, starting with the first one in 1995. Over time Calvin has become a well-known entity in the industry, building an enviable reputation through unwavering commitment and professional expertise. While focusing on the beautiful North Queensland region Calvin has sold a number of properties in other regions as well, including NSW, Victoria, the Northern Territory plus other areas of Queensland. At Calvin Bailey Management Rights the speciality is management rights sales. Calvin draws heavily on his experience as aRead More →

In: General Interest, The Management Rights Market

Contributed By: Nick Gorrell on

In their simplest form virtual tours have been used by commercial and residential sales agents for many years through the use of property photos which offer a prospective buyer the ability to experience a property and make a value judgement from a remote location without having to visit beforehand. This enables a viewing shortlist to be achieved and thus saving on valuable time. Today’s property buyers are often very sophisticated and time poor, wanting unfettered access to clear and high quality information which offer a truthful and accurate picture of the properties they are interested in viewing with as few unexpected surprises as possible. WeRead More →

In: Accounting and Finance, Landlords, Tenants, Renting and Management, The Management Rights Market

Contributed By: Mike Phipps Finance on

When buying a management rights or leasehold accommodation business such as a motel there is an interesting dynamic at play that many purchasers fail to pay sufficient attention to. The fact is that outside the core group comprising the purchaser, the vendor and their associated advisors there is a third-party lurking. In the case of leases it’s the landlord and in the case of management rights it’s the body corporate. In both cases this third party has a vested interest in the professional capacity of the purchaser and their likely prospects of success. In both cases character, financial standing and qualifications will be important considerations.Read More →

In: Events, General Interest, Motels and Hospitality, The Management Rights Market

Contributed By: TheOnsiteManager.com.au on

To embrace Airbnb or not this is the question? We are seeing more articles in the media recently about this controversial topic and onsite managers are starting to ask the question “How can we protect our investment?” The team here at TCM Strata hear you and want to help you un puzzle the puzzle. With engaging information sharing from our panel of experts covering insurances, legal, taxation & financials through to working with your Body Corporate manager and hearing from an onsite manager that has embraced this new wave of accommodation sharing.Read More →

In: General Interest, Motels and Hospitality, The Management Rights Market

Contributed By: Resort Brokers on

The record sale by Resort Brokers Australia of the $600m ‘FV’ by Gurner management rights to Mantra Group has capped a run of chart-topping sales for the growing national accommodation property specialist. With 970 apartments plus commercial and leisure facilities spanning three landmark towers underway by Gurner in Brisbane’s Fortitude Valley, FV is the largest management rights ever sold off-the-plan in Australia. The sale was handled by Resort Brokers’ national sales manager, Trudy Crooks, and her brother, off-the-plan specialist, Tim Crooks.  They said it was an outstanding result and a win-win-win for everyone, particularly for FV apartment owners who will have such a quality, experiencedRead More →

In: Accounting and Finance, The Management Rights Market

Contributed By: Mike Phipps Finance on

Ok, I’ve said this every year but just to keep my 100% record intact………………..where the hell did 2016 go? Time just seems to fly doesn’t it?  It’s obviously an outcome of encroaching old age and certainly a reminder to enjoy life and not sweat the small stuff.  And let’s face it, in the overall scheme of things its nearly all small stuff. As usual I have made numerous resolutions with reduced alcohol consumption, a better diet and more exercise high on the list. I have also promised myself to appreciate the managing director more and not be such an egotistical, self-centred narcissist.  Not sure whereRead More →

In: Landlords, Tenants, Renting and Management, The Management Rights Market

Contributed By: TheOnsiteManager.com.au on

Before I became software developer, I worked for several years in advertising. I was fortunate for the opportunity to work with the best advertising agencies in the country, playing a very small part in presenting some very large companies in Australia to market. Along the way, I learned a few lessons about marketing and advertising… one such lesson was imparted on me by a sagely old advertising photographer: Owning a camera doesn’t make you a photographer – it makes you a camera owner. The importance of photography cannot be emphasized enough – it’s a job that really ought to be left to a professional photographer ifRead More →

In: Events, General Interest, The Management Rights Market

Contributed By: TheOnsiteManager on

Our friends at Resort Brokers invited me along to their industry seminar last night. They had guest speakers from Urbis and Bambrick Media and plenty of managers were in attendance. Was a great night, highly informative. Urbis presented first and had some interesting information and data analysis in relation to development through the CBD. The short of it was: Yes, lots of buildings have been completed recently, yes, downward pressure had been placed on rentals… but vacancy rates on new stock are still only at 1.6%, and new projects being completed have fallen off sharply with the remaining to be completed representing a much smallerRead More →

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