Business Networking

What The Real Estate Industry Needs To Do In Order To Survive Coronavirus

The current challenge

Real estate investments over the past several years have been able to generate steady cash flow and yielded significantly over traditional sources like corporate deb with just a bit more risk. However, the reality has changed since the coronavirus outbreak. Across the entire value chain, real estate participants have been hit very hard. Service providers have been struggling to mitigate the health risks for both their customers and employees.

Many developers are unable to obtain permits and are faced with falling rates of return, stoppages, and construction delays. In the meantime, many operators and asset owners are faced with drastically lower operating income, and most are very nervous about how many of their tenants are going to struggle to be able to make their lease payments. The words of the day are “abatement” and “concession,” and players are working quickly to determine who they should apply for …

Business Networking

Reasons To Schedule A Deep Office Clean To Fight Coronavirus Spread

With Covid-19 spreading across the world like wildfire, scientists and organisations are continually providing updates on how businesses and individuals can fight the virus. One measure has however, remained constant in the fight, the need to follow strict hygiene practices and protocols. Keeping surfaces clean and disinfected helps reduce the spread of the virus, hence recommended for all businesses. You, the business owner, are responsible for your employee’s health and wellbeing hence should take proper measures to keep them protected from the virus. It would thus be advisable to have the office, and workplace deep cleaned regularly by a commercial cleaning service.

Office Risk Areas
You first need to identify high-risk areas within the office before calling the cleaning experts. High contact areas, such as the keyboard, PC mouse, telephone mouthpiece, the coffee machine, etc., are some of the areas known to harbour viruses and bacteria. Shared spaces such …

Business Networking

Why online presence is essential for your business

Australia Post on its Inside Australian Online Shopping report noted that more than 73{25a870a40f675627bf6df127f14ade9445b5e9406b919b8b24783bb600e57a9d} of Australian’s household shopped online back in 2018. Total online spending is broken down into seven expenditure categories. Fashion, variety stores, health and beauty, media, hobbies and recreational goods, and specialty food and liquor are the other six categories; where variety stores (the ones that offer one-stop shopping place like Marketplaces) and fashion own the highest percentages with a 35.6{25a870a40f675627bf6df127f14ade9445b5e9406b919b8b24783bb600e57a9d} and 27{25a870a40f675627bf6df127f14ade9445b5e9406b919b8b24783bb600e57a9d}. These figures prove that online market is beginning to have its own demand.

From the same report, it is concluded that there is a 20.2{25a870a40f675627bf6df127f14ade9445b5e9406b919b8b24783bb600e57a9d} national average of year on year growth online spending by the Australians. Shoppers in the same publish also plan to continue on buying things online in 2019. Generally, when asked why choose to purchase things online rather go to stores, consumers said they are benefited from the time flexibility …