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Bank Guarantee vs Cash Bond

Bank Guarantee vs Cash Bond

We are often asked by tenants, and owners, what is the difference between a Bank Guarantee and a Cash Bond? Putting it simply either is used by a lessee (tenant) to provide security to a lessor (landlord) to perform a lease.

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Back to Basic

Redbank Plains Centre Sale

Westbridge, a Western Australia-based fund manager, has successfully acquired the Redbank Plains Retail Centre in Ipswich from Charter Hall Long WALE REIT (CLW) for $23 million. This acquisition marks the eighth and final asset for Westbridge’s Diversified Fund No. 4.

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McGees Wrap Up
CBD Retail Market Byte March 26 2024

CBD Retail Market Byte March 26 2024

The Brisbane CBD retail vacancy rate is currently around 19%, with greater vacancy in fringe locations away from core pedestrian thoroughfares. Local real estate agents are indicating when tenants want to lease premises, they desire prime locations with high pedestrian…

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Market Byte

New Australia Post Facility Planned

Australia Post has unveiled plans to construct a cutting-edge parcel delivery facility at the Brisbane Airport Industrial Park, with an investment exceeding $50 million. Expected to open its doors in early 2026, the StarTrack premium facility aims to revolutionise parcel…

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January 2024 Market Byte

January 2024 Market Byte

Since inflation began to rise in late 2020, and peaking at 7.8% in December 2022, the Reserve Bank of Australia (RBA) continues to keenly observe how rising inflation is impacting the costs of everyday goods and services, both domestically and…

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Market Byte
Off Market Triumph

Off Market Triumph

McGees Property Brisbane are thrilled to share with you the successful off-market sale of a prime commercial property, located just 9 kms from Brisbane’s CBD. This transaction not only highlights the vibrant nature of the local market but also reflects our commitment to delivering exceptional outcomes for our clients.

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