Conveyancing makes easy property transaction processes

Vacancies will decline as the localand national economies slowly improve. Consumer expendi- tures will remain flat with slight increases due to the weak econo- my.A war in Iraq remains a wild card in terms of consumer confi- dence and spending. Overall, con-sumers will remain cautious in their spending habits and discre- tionary income will go towards essential goods supporting a slow and steady recovery. Property conveyancing is the structure for performing change of properties sensible to goodness title starting with one individual then onto the running as a safely joined unit with and this entire sensible and complex hypothesis is performed by master conveyancers who are all around called settlement heads.

With many investors losing significant por- tions of their stock portfolios, the traditionally safer, positive returns of real estate are looking more favorable Prices remain strong as a result of two significant market forces—low interest rates and a reallocation of investment capital towards real estate.

Due to the limited availability of product, sellers with high occupancies and credit tenants will see multiple offers from buyers. Owners will continue to refinance, taking advantage of low interest rates allowing them to better manage high vacancies and reduced income, a result of the struggling leasing market.

Investors will have trouble in2003 finding suitable investmentopportunities as the pool of buy-ers grows and the number ofavailable properties stagnates.Sellers will have difficulty findingopportunities to reinvest sale pro-ceeds as exchange deadlinesapproach. The current market softness is theresult of under demand. As a con-sequence of these market funda-mentals, owners are in relativelygood shape for weathering thisstorm until the job market picksup and there is positive absorp-tion. 2003 will be an excellent.

The first half of 2003 will see little changein the investment market, but if the stockmarket improves and mortgage ratesincrease, real estate investment activity willslow. Cap rates are likely to increase andsale prices will decline.Fifteen years ago, Corporate Servicegroups were a new concept, transac-tionally oriented and born of the needfor companies to reduce overhead byoutsourcing a function that was nei-ther profitable nor constant.

Its leadersonce again must tighten their beltsand head for the doors marked leaner,meaner, faster and more efficient. Realestate resides behind each of thesedoors, and whether pushed or pulledto get there, corporate leaders haverealized the critical importance of realestate to their bottom lines and theworking environment of their employ-ees.Todaythere is scarce recognition of the dis-tance between those early groups andthe service structure and modeling ofthe new high-level providers.

These and a litany of other cost reduc-tion ideas, additional services andprocedural improvements challengethe progressive corporate real estateexecutive and the service provider.This will allow us to continue to enhance our roles as critical strategic partners on a global basis with Corporate America. For2002, the forecast issues were emer-gency preparedness and, again, ener-gy management.