Press Releases

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07/02/2012

7 February, 2012: Considering the uninspiring retail sales figures and the latest job numbers unveiled recently, today’s decision by the Reserve Bank to leave interest rates unchanged comes as a surprise. Laing+Simmons General Manager Leanne Pilkington said it is disappointing that the RBA failed to recognise the broader economic difficulties facing the market.

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20/01/2012


January 19, 2012:

Laing+Simmons has rewarded three talented and hardworking school leavers with a scholarship to complete the Real Estate Certificate of Registration Course with all costs met by Laing+Simmons.

Now in its 15th year, the Laing+Simmons Scholarship Program enables school leavers to experience the day-to-day operation of one of 50 Laing+Simmons...

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16/01/2012

January, 2012: Laing+Simmons Quakers Hill principal Lyndell Pilkingtonsaid that the flagging of the western suburbs as a “significant growth corridor” in a new report has the suburb of Quakers Hill in prime position to take advantage of the strong buyer interest from investors and young families alike.<...

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14/12/2011

The continuing uncertainty in Europe, with the cost of debt escalating and entire economies balanced on a knife edge, will necessarily filter through to the domestic property market creating an air of unpredictability in 2012, according to Laing+Simmons General Manager Leanne Pilkington.

“The ramifications of the economic crisis in Europe will undoubtedly be felt...

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07/12/2011

The hesitation of the big four banks to announce their intentions following the decision to lower the official cash rate has not only infuriated consumers but also exposed the Reserve Bank’s lack of power to manage the economy, said Laing+Simmons General Manager Leanne Pilkington.

“If the banks fail to pass on the rate cut in full to customers, in spite of...

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06/12/2011

While today’s Reserve Bank’s decision to cut interest rates 25 basis points to 4.25 per cent will come as a surprise for some, Laing+Simmons General Manager Leanne Pilkington said the next cash rate movement was always going to be down – it was just a question of when.

“More important than the 25 basis point reduction itself is the fact that rates...

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21/11/2011

Laing+Simmons Hurstville has been appointed as the exclusive agent for the sale of a community shopping centre at 133 The River Road, Revesby.

The shopping centre is situated on a prominent corner and will be offered with six established long-term tenants in place. It will go under the hammer on Tuesday November 29.

Located within 200 metres of Revesby...

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02/11/2011

The declining interest rate environment is combining with other factors including a lack of new development and rising rents to create an interesting trend in the real estate market: the clock is being wound back ten years.

According to Laing+Simmons General Manager Leanne Pilkington, there are signs of a repeat of the conditions experienced in the early 2000s, when...

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01/11/2011

Today’s decision by the Reserve Bank to lower the official cash rate could provide a tentative property market with the shot in the arm it needs, said Laing+Simmons General Manager Leanne Pilkington.

“A decline in the official cash rate has been a long time coming and will hopefully coax out some potential buyers who have been waiting on the sidelines,”...

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04/10/2011

Despite calls to cut interest rates, the Reserve Bank decided to leave interest rates on hold at 4.75 per cent today for the 11th consecutive month. After seeing an increase of activity leading into spring, Laing+Simmons General Manager Leanne Pilkington hopes the decision will continue to entice potential buyers to invest in the still fragile property marketplace.  
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