Australia
Sydney to see nearly 40,000sqm of new retail space by year-end
This will be from four neighbourhood projects.
Sydney to see nearly 40,000sqm of new retail space by year-end
This will be from four neighbourhood projects.
This was the largest industrial project completed in Adelaide in Q3
It was a 12,000sqm service centre.
Adelaide office sector records highest net absorption since 2008
Net absorption was at 37,500sqm in Q3.
Canberra office market registers negative demand in Q3
Net absorption hit -24,200 during the quarter.
Brisbane CBD office vacancy rate hits record lows since 2019
The vacancy rate declined to 11.5%, the lowest since Q3 2019.
Australia real estate investments drop 33% to AUD3.3b in Q3
Preliminary estimates show industrial outperformed other sectors with investments worth AUD1.5b.
How Perth’s industrial property sector is set to transform in the near term
Several building programs are currently gaining momentum.
Australia healthcare transactions reach $1.6b in the first nine months of 2023
Investment demand remains robust for this sector.
How did Australia’s retail property sector fare in Q3?
Vacancies and occupancy costs have improved.
Here’s a rundown of Australia’s Q3 industrial leasing performance by region
Learn more about the latest gross leasing volumes in Sydney, Melbourne, Brisbane, and Perth.
Sydney industrial vacancy rises to 1.4% in Q3
This is still relatively low compared to other global markets.
Australia real estate transaction volumes hit lowest level in over a decade
Investors have turned cautious as capital costs rise.
Three things that prove the flight to quality trend persists in Australia’s office sector
Flight to core and flight to CBD themes are now more evident than ever.
Sydney’s home rental pressures “unlikely to abate”: JLL
Blame it on the insufficient new supply.
Queensland retail rents record its largest quarterly movement since Q1 2022
CBD rents declined 2.5% in Q2.
Sydney beats other Australian cities in hotel investment volumes
Over AUD1.6b worth of transactions took place over the past 18 months to June 2023.
Melbourne residential rent recovery continues
Asking rents for 2-bed units increased by 15.9% over the past year.