Self managed super to drive business property growth

Expanding superannuation coffers and recent changes to tax rules will drive future growth in the business property market, according to property and economic experts at National Australia Bank (NAB) business property forum. Webcast available ...

Self managed superannuation funds are emerging as a key vehicle enabling small to medium-sized investors to acquire business property.

Additionally, recent changes to superannuation legislation offering new tax concession have made business property more attractive, an expert panel from NAB, Deloitte Touche Tohmatsu and property consulting firm Charter Keck Cramer told audiences.

Property valuer Scott Keck, managing director of independent property consulting firm Charter Keck Cramer, said it was important to understand the property risk cycle as more people were investing in property directly as part of their superannuation strategy.

He said the risk progressively increased for each category – with residential property offering the lowest risk, followed by retail, then light industrial or showroom, office and finally heavy industrial property.

The full broadcast of NAB’s business property TV forum is available as a webcast at http://www.national.com.au/Business_Solutions/0,,83456,00.html

Reprinted with permission. The Australian Property Review. http://www.apr.com.au