Australia

Adelaide offices’ net absorption records first positive quarter since 1Q20

Net absorption hit 1,800sqm in the second quarter of 2021.

Adelaide offices’ net absorption records first positive quarter since 1Q20

Net absorption hit 1,800sqm in the second quarter of 2021.

Melbourne CBD office rents drop for the fifth consecutive quarter

Prime net effective rents fell 2.7% in the second quarter of 2021.

Sydney CBD retail rents see biggest drop of 11% in Q2

Rents in regional and sub-regional areas fell 5.4% and 2%, respectively.

Australian child care real estate asset’s 'investable universe' now at a whopping $28b

Total asset sales hit $170m in H1 2021, surpassing 2020 figures. 

Australia’s apartment sector mired in construction cost concerns

Timber costs increased 6.4% over the past year, and border closures drive significant labour shortages.

Sydney’s sublease offices down 8% in H1 2021 as firms take back space

Subleasing may have reached its peak and the trend is now slowly reversing.

Sydney named world's strongest luxury property market in 2021

Prime home prices in the city are forecast to increase by 10% this year.

Australian industrial property’s capital returns hit 5-year high of 9%

The industrial markets have been robust over the last 12 months.

Investment into Australia’s build-to-rent segment hits record highs

Thanks to Greystar’s largest capital raising of $1.3 billion.

Commercial property investments in regional New South Wales gain momentum

Newcastle, Wollongong, and Gosbord are attracting hefty investments.

Australian industrial transaction volumes hit $8.6b YTD

This was boosted by two Blackstone portfolio sales - Milestone ($3.8b) and Kingdom II ($825m). 

Australia’s office leasing markets show signs of recovery in Q2

One of the demand drivers were tenants seeking small spaces of less than 1,000sqm.

Watch out for smart warehouses in Indonesia, Australia, and the Philippines

The warehouse automation market is expected to surpass US$30 billion by 2026.