Australia
Where does Australia stand in the APAC data centre market?
Australia currently has 1,145MW operational, 265MW under construction and 1443MW planned data centres.
Where does Australia stand in the APAC data centre market?
Australia currently has 1,145MW operational, 265MW under construction and 1443MW planned data centres.
Brisbane’s muted apartment demand won’t last long: JLL
Strong regional population growth is expected to drive demand.
Melbourne residential rents now at 6% above pre-COVID levels
The rental rebound in the city has gained momentum.
Sydney’s hotel inventory to grow by 5.7% this year
There are five new hotels currently under construction in the CBD.
Sydney to see 60,000sqm of new retail stock by end-2023
Over 60% of the stock will be neighbourhood centres.
Perth’s retail supply pipeline remains soft
Over 20,000sqm of projects are expected to be completed by mid-2023.
Seven new industrial projects expected to be completed in Perth by Q4
The projects will add over 80,400sqm to the city’s stock.
This was the largest retail completion in Adelaide in Q1
It was a shopping centre spanning 4,400sqm.
Melbourne’s Q1 gross industrial takeup still 15% below 10-year quarterly average
Gross takeup was at 211,300sqm in Q1.
Sydney industrial transaction volumes up 9% to AUD851m in Q1
This figure is 67% above the 10-year quarterly average.
Brisbane sees 138,500sqm of new industrial space supply in Q1
Over 80% of these completions were pre-committed.
Perth’s office net absorption hits record highs since Q3 2018
The city’s absorption hit 27,200sqm in Q1 2023.
Five projects to add 200,000sqm to Brisbane’s new office supply
The largest project spanning 69,000sqm began construction in Q1.
This was the largest completion in Adelaide’s logistics market in Q1
It was a project spanning nearly 22,000sqm.
Sydney bound to record its lowest office development activity since 2012
Only 19,791sqm of new office stock is expected to be completed in the CBD this year.
Melbourne CBD prime office rents dip 0.5% in Q1
Rents in fringe areas fell a further 1.1% in the same period.
Eight new office projects to be completed in Sydney CBD by next year
These projects will add a total of over 212,100sqm to the city’s stock.
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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.
