Australia

Melbourne sees largest increase in CBD office stock in three decades

Five more new projects are currently under construction.

Brisbane’s Q1 industrial leasing volumes breaches 10-year first quarter average

All thanks to pent up demand from groups that were hesitant to lease space last year.

Is South East Queensland’s residential market finally up for a sustained upswing?

JLL believes the market’[s rebound is gaining momentum after several false alarms.

Sydney to see the highest industrial stock levels since 2018

Industrial stock is expected to reach a total of 571,100 sqm this year.

Australian home prices record highest quarterly increase in a decade

The weighted average capital city median price for houses increased by 6.8% in Q1.

Australian CBD office vacancies hit record highs since 1996

CBD office markets recorded 13.6% headline vacancies in Q1.

Is Sydney’s hotel market finally starting to recover?

The 48.8% occupancy in March 2021 is slightly higher compared to last year.

Melbourne industrial sale transactions down 23% to AUD481.9m in Q1

But this is still 43% above the 10-year quarterly average.

Canberra office vacancy hits 12-year low of 7.6% in Q1

Thanks to robust positive net absorption and only one withdrawal.

Asian investors snap up safe haven assets in Sydney’s fringe markets

Savills recorded strong interest from Hong Kong, Malaysian, and Singaporean investors.

Australia’s industrial gross take-up hits 15-year highs in Q1

Gross take-up reached over 1.1 million sqm, outperforming the 10-year quarterly average by 91%.

Australian investors reweigh portfolios towards industrial property

The share of industrial sales doubled from 18% to 36%.