Australia
Sydney net office absorption drops to -8,900sqm in Q1
Sydney net office absorption drops to -8,900sqm in Q1
Blame it on major occupiers vacating their offices.
Perth CBD office vacancy rate up 0.6ppts to 19.7% in Q1
New office stock completions drove vacancies up.
Australia’s 2022 retail property investment unlikely to surpass 2021 levels
Investments this year are likely to be more “tactical”.
How much new industrial supply is in the pipeline for Melbourne?
In the West precinct alone, 289,900 sqm of stock could be delivered in 2Q22.
Here’s a rundown of how Melbourne industrial rents fared in Q1
Rents in the South East precinct grew 7.9% to AUD109 per sqm per annum.
Melbourne industrial occupier activity up 14.4% in Q1
The West precinct is driving demand in the city.
Which Australian retail subsectors will outperform the market this year?
JLL provides a lowdown on different subsectors’ expected performances in 2022.
Australia retail property investment hits a record AUD13.4b in 2021
This is three times higher than 2020 levels.
Why Australia’s healthcare real estate investments are gaining momentum
The country’s high population growth forecasts are one of the key factors.
Sydney, Melbourne industrial markets driven by strong pre-lease activity
Pre-leasing accounted for 95% and 62% of take-up in Sydney and Melbourne, respectively.
Australian office vacancy rates record improvements in Q1
Sub-lease vacancy fell 1.7% in Sydney CBD and 2.6% in Melbourne CBD.
How much of Brisbane’s vacant office spaces are truly lettable?
Vacancy rates hit 14.9% in Q1, not far from the relatively high 10-year average of 14.3%.
Why the Australian residential market is attractive to Singaporean investors
Houses and apartments recorded an average 6.8% and 21.9% year-on-year capital growth, respectively.
Melbourne retail completions to drop by 7% this year
Completion levels are bound to remain considerably low until 2025.
Perth industrial gross take-up hits 300,800 sqm in 2021
This is the second highest annual take-up on record.
Melbourne’s 2021 industrial gross take-up breaches 2019 records
The total take-up reached 1.86 million sqm during the year.
Sydney industrial transaction volumes hit a record AUD1.32b in 4Q21
This is 161% higher than the 10-year quarterly average of AUD504.5m.
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It is part of the Singaporean property developer’s ‘reach for the sky’ strategy.
