Australia
Brisbane apartment demand to gain momentum over the next year
This will be driven by strong regional population growth.
Brisbane apartment demand to gain momentum over the next year
This will be driven by strong regional population growth.
Sydney CBD retail rents drop by nearly 10% in Q2
This is the largest rental movement in this subsector.
Melbourne to add 58,500sqm of new retail space in H2
This consists primarily of neighbourhood centres.
Adelaide to see one of the largest new retail supply wave in its history
Nearly 62,000sqm of retail space is currently under construction.
Perth industrial leasing activity still below two-year quarterly average
Gross takeup reached 41,300sqm in Q2.
Brisbane CBD prime net effective office rents up 5.1% in Q2
And PNER in the Near City grew 2.0%.
Melbourne new industrial completions hit 163,600sqm in Q2
This reflects a 192% q-o-q increase.
Brisbane industrial gross take-up now below 10-year historical average
Take-up was only 126,090 sqm in Q2.
What was the biggest industrial completion in Adelaide in Q2?
It was a 15,400sqm expansion for a meat processing plant.
Perth retail completions underperform the 10-year average
Completions reached 42,000sqm over the last 12 months.
Canberra records -3,100 office net absorption in Q2
But this was partly offset by some positive moves in the market.
Adelaide adds 21,000sqm to its office supply pipeline in Q2
Thanks to Kyren Group’s Franklin Street project.
Sydney gross industrial takeup recovers for the first time since Q1 2022
Gross takeup reached over 300,000sqm in Q2.
What was the most notable office project completed in Melbourne in Q2?
It was the refurbishment of an 8,000sqm property.
Sydney’s office sector records -35,000sqm net absorption in Q2
Find out which firms drove this negative absorption.
Perth CBD office vacancy rate drops to 18.5% in Q2
Net absorption was at 18,000sqm during the quarter.
Adelaide CBD’s secondary office vacancy rate reaches record lows since 2012
Secondary vacancy was at 14.2% in Q2.
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Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024
![Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024]()
Co-Written / Partner
It sets new standards for office developments with its striking design and strategic location.
It sets new standards for office developments with its striking design and strategic location.
