Cranes standing tall in our skies! A review of Newcastle's Resilient Property Market in 2024 & Predictions for 2025
Welcome to the latest episode of Newcastle Unlocked!
Join host Brent Sinclair as he sits down with Matt Shaw, Head of Valuations, and Dan Barry, Director of Industrial here at Knight Frank Newcastle, to review the remarkable resilience of the Hunter's commercial property market in 2024. Despite the challenges posed by elevated interest rates, the market has shown stability with industrial properties yielding between 5.5-6.5% and office buildings returning between 6.5-7.25%. Tune in as they discuss key market indicators, standout transactions, and the return of cranes to the Newcastle skyline…
The skinny
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