David Johnston- The Property Planner’s Golden nugget: there is a real distinction between listed and unlisted, you must be significantly wealthy to take the risk of an unlisted REIT whereas a listed one you’re more likely to have a broader spectrum of investments in it and in a downturn more likely to be able to sell and receive income.
Peter Koulizos – The Property Professor’s Golden nugget: check out our notes on the website, great tips when looking to purchase commercial property. Whether it’s residential or commercial property, location is the key. There are different location factors which are important when purchasing a warehouses, when compared to a shop or office. If you’re buying a group of commercial properties, the anchor tenant is very important. But by far the most important factor is the lease. The lease is the bible. If you can’t read and interpret it, pay a lawyer to do it to make sure that you understand what you are committing to.