Australia

Sydney to see nearly 600,000sqm of new industrial supply this year

Majority of the projects to be completed soon are already pre-committed.

Why Sydney recorded negative net office absorption in Q4

Seven out of 10 office markets saw negative demand during the quarter. 

Adelaide industrial take-up in Q4 breaches 2-year average

Gross take-up hit over 50,000sqm during the quarter.

Melbourne adds over 230,000sqm of industrial supply in Q4

Over half of the completions were in the West precinct.

Brisbane residential market to remain mired in under-supply woes

Rents and prices are expected to grow in the medium term.

Melbourne CBD office demand at its weakest since 2020

Net absorption was at -68,300sqm in Q4 2023.

One new luxury hotel opens in Sydney in Q4 

The world’s largest W Hotel recently added 586 rooms to the city’s stock.

Canberra to see 72,700sqm of new office stock in 2024

Analysts expect tenants to relocate from the older offices to the newer buildings.

Brisbane CBD office vacancy rate hits 4-year low of 11.1% in Q4

Net absorption was at 9,200sqm during the quarter.

Adelaide office absorption tapers off from all-time highs

The city recorded negative absorption in Q4 following the record highs in Q3.