Australia
Canberra annual net office absorption hits 10-year high in 2022
Net absorption totalled 47,600sqm during the year.
Canberra annual net office absorption hits 10-year high in 2022
Net absorption totalled 47,600sqm during the year.
Adelaide office vacancy rate rises to 16.5% in Q4
Net face rents also grew 2.6% in the quarter.
This area accounts for nearly a third of Sydney’s residential supply pipeline to 2025
Supply remains tight across the city.
Perth retail completions still well below the 10-year average of 77,400sqm
Completions only totalled 20,700sqm over the last 12 months.
Ho Chi Minh luxury apartment capital values to rise 5.7% by end-2023
It’s expected to hit USD3,498 per sqm.
Melbourne to see 1,480 new residential units by Q4
Over 1,500 units were already completed so far this year.
Melbourne industrial completions up 32% to 288,200sqm in Q3
There were a total of 16 projects completed during the quarter.
Brisbane’s Q3 residential rents increase 8%
The median rent for a 2-bed unit is AUD540 per week.
Perth records strongest industrial takeup since 2015
Takeup reached over 120,000 sqm in Q3.
Sydney’s 2023 retail pipeline dominated by neighbourhood centres
Over 60% of the new additions will be from this segment.
Brisbane sees six new industrial projects in Q3
The projects added a total of 82,300sqm of new space.
Sydney office vacancy rate hits 13.7% in Q3
The city recorded net absorption of -33,200 sqm.
Adelaide industrial leasing demand hits record low in over a decade
Gross takeup dropped 82.5% in Q3.
Perth CBD office vacancy rate declines to 19.3% in Q3
The vacancy dropped by 0.9 percentage points vs last quarter.
Melbourne office leasing transactions to plateau in 2023: JLL
Tenant activity is heavily reliant on lease expiries.
Sydney industrial occupier activity still below the 10-year quarterly average
Takeup only reached 193,000sqm in Q3.
New office completions pull Canberra’s office vacancy rate upwards
Vacancy rate grew 1.3ppts to 7.3% in Q3.
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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.
