Australia
Sydney CBD office market records highest prime incentive levels since 2015
Prime incentives reached 31.1% in the Sydney CBD in Q1.
Sydney CBD office market records highest prime incentive levels since 2015
Prime incentives reached 31.1% in the Sydney CBD in Q1.
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.
Melbourne industrial leasing activity breaks records for second consecutive quarter
Industrial gross take-up hit 546,900 sqm in Q1.
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.
Adelaide’s largest office building now under construction
It will have 40,000sqm of office space.
Melbourne CBD office vacancy reaches record highs in over two decades
Headline vacancy hit 14.3% in Q1.
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%.
Industrial demand in Sydney breaches 10-year average by 54%
Gross take-up reached 313,110 sqm in Q1.
Australian investors reweigh portfolios towards industrial property
The share of industrial sales doubled from 18% to 36%.