Heise Says
#office #reits #heisesays
Office vacancy rates continue to grow. Transitionary or a change in culture?
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the bid and ask for this pile is unbelievable
The idea of working from home is becoming much more entrenched; normalized. So the Investment Funds that own CBD Office space may lament that "workers should return to the office!" but over the long term their cries for help will be in vain though 😁
Haha, I look back on the "olden days" with such disdain, and STILL dread my only 1 day a week 50min each way commute into the city on a Wednesday lol. Most of us in my team admit that Thursday's a recovery day! I cannot believe the colossal waste of time a commute is- and yet the QLD government STILL doesn't get it, with all their infrastructure projects only really happening within their precious 5km radius of the city! Thankfully my employer has now given up the lease of 1 of our floors, so it's a good sign that it's here to stay!
Except for the tax department.
Its because we are on holiday
What do people do in offices,every office I’ve been to their all hanging out in the kitchen
So apparently……..there’s another sniffles outbreak in China? ( but flights still out daily)
Wouldn’t this be a good time too utilise our quarantine centres?🤣🤣🤣.
No one is coming, even without quarantining 🤣🤣🤣.
Buy up FBR the future!
Goodman Group ( GMG ) is considered to be the best Australian listed REIT . Operates world wide . Dexus ( DXS ) is mainly Australian capital city office buildings .
Not just offices vacant, there are lots of street shops vacant. When I commuted by train, I took a book along. Did a lot of reading during those commutes. I preferred driving because I took home lots of new goods the company was throwing out and I sold quite a bit on the selling sites. Paid for the petrol.
How do the commute in Sydney, get on the gateway after 2pm. It's bad up here now.
The office space will start filling up due to all the immigrants coming to Australia plus it’s possible to covert office space to residential space too.
Why wouldn't firms outsource this work from home jobs, overseas, save on wages,and make a positive contribution to a poorer country
Imprison people at home. Destroy every CBD to destroy society.
All part of the plan🙏
Just turn them into juvenile outreach, rehab centres/ clean shooting up safe spaces.
It will be glorious
The commute left me exhausted. Wfh is a life saver.
ASX closed for the year today with Energy, Utilities then Real Estate filling the best performing sectors in a tough year. All finished green.
The figures for 2021 can't be right, especially in Sydney. The GDP rate had dropped to levels worst than in the 1990s and unlike the recession in the 1990s, more workers had the ability to work from home in 2021 than in 1990.
So Sad , The greedy fuckers are not getting to reap the massive profits from renting overpriced office space…damm shame..lol
I'd be getting out of REITs now.
I worked from Home all during the Pandemic. We all went back to the office once we were allowed but now many are working at least some days at home. I am doing 2 days a week at home and 3 in the office. I love it and would not change it.
Theres alot of homeless families out there now that need a place to stay . Just saying
Very good show.
It’s all fun and games… till business realise your job can be done remotely from some 3rd world countries for a quarter of your wage 😅
Hi heise, can you do a livestream for new years eve countdown, maybe an anti woke one if u could. Id watch that im sure most of us would.
Not just the CBD …. work from home … lie flat …. centrelink … teaching ….
Did I say teaching? Eh …. i meant brainwashing the woke agenda …. like Labor and the Greens.
Now we just need the trains to be empty again …. come on Omega strain …. lets end it all
No one is interested to ho back to office
Neither companies want you to come to office.
It is saving money for employees and companies as well.
Only banks, , property landlords of commercial real estate , etc have issues
For rest all it is very good WFH
Definitely feels like we are all in the middle of a Culture shift here, in Australia. This was an Excellent end of year Video Heise Says. Thank You. Have a Happy New Year 🎉 🥂celebrating time 🥳
i think maybe alot of these office buildings are going to be turned into residential buildings to accommodate cheap rent for people, mostly migrants, and in the future the cbd is going to be more of a ghetto/ poor person area. rip to anybody who bought an apartment in the city in the last few years.
I predict that very soon we will be using holograms to 'beam in' to meetings, which will resolve the issue of not being able to sit physically in a meeting room. We will just need to replace the pajama bottoms with work attire!
Heise! Stop freaking the little brains out! 😂🙋🏻♂️👍
I have a chunk of money in COF, the share price is getting hammered but their portfolio etc is solid 😅
THIS SHOWS THE VX SIDE EFF ECTS & DEA THS THAT ARE OTHERWISE NOT COVERED ON THE NEWS. LESS PEOPLE = LESS WORKERS/OFFICES/BUSINESSES
I live in WA they keep telling us Perth is back to pre pandemic levels in the CBD but a look at the public transport figures says otherwise, parking at my local train station was full by 7AM weekdays now around 30% empty I think 🤔Vacancy rate doesn't equate to bums on seats
Wait until the working from home, realise working from overseas. At a third of the wage.
Look at all the small shops that have closed dry cleaners small eateries
Coved put thousands out off work
Yes it won't ever return with th a t and d t opting int r ist rates to all time lows and printing millions off dollars it's a rolling disaster like a freight train going down hill backwards when will it stop
The only problem with working from home is that it lets your boss know that he could probably get someone from overseas to do the same job cheaper.
Wonder what part of the world has the highest vacancy rate. Just noticed a vid about San Francisco being at a 30 year high. (CNBC, Dec 31, 2022)
Will never work unless at least 3 days at home, commuting 20 hours a week sucks