Australia

Brisbane to see 1,368 new hotel rooms by 2024

Room supply increased by 7.1% per annum between 2014 and 2019.
5 days ago

Brisbane to see 1,368 new hotel rooms by 2024

Room supply increased by 7.1% per annum between 2014 and 2019.
5 days ago

Melbourne adds 1,311 new hotel rooms to its supply in H1

Over 2,000 rooms were added to the inventory in 2021.
5 days ago

Melbourne adds 1,311 new hotel rooms to its supply in H1

Over 2,000 rooms were added to the inventory in 2021.
5 days ago

Sydney’s hotel room inventory hits 21,632 in 2021

This is a 3% increase from the previous year.
5 days ago

Sydney CBD prime office rents rise 2.1% in Q2

This is the fastest increase since 2017. 

Why Canberra always has the lowest office vacancy rate amongst Australian cities

Its vacancy rate was at 5.5% in Q1, one of the lowest in the world.

Sydney hotel occupancy improves to 40.5% in Q1

Occupancy was at 37.4% in the same period last year.

Melbourne retail completions to jump 76% in 2023

But completions will still be below historical levels till 2025.

Sydney’s retail space completion at its lowest levels in two years

There was only 15,700sqm worth of retail space completed in Q1.

Perth’s retail supply pipeline remains elevated amidst uncertainties

Plans for seven new projects yielding 89,300sqm have been approved.

New Breeze by Dahua Group Australia

The project wins Masterplan Development of the Year - Australia at the Real Estate Asia Awards 2022.

How did Perth’s industrial property market fare in Q1?

Demand was muted with just 11,400sqm of gross take-up during the quarter.

Canberra office vacancy rate hits 14-year low of 5.5% in Q1

Net absorption reached a total of 12,600sqm during the quarter.