Australia
Adelaide retail stock underperforms 10-year annual average
Adelaide retail stock underperforms 10-year annual average
Only 18,800sqm of new stock was added over the past year.
Australian CBD markets record mixed signals for office demand in Q3
Sydney and Perth saw positive absorption whilst Brisbane and Melbourne were negative.
Adelaide CBD office vacancy drops to 15.8% in Q3
Prime grade offices dominated demand.
How averages hide pockets of strength in Australia’s office property market
Investors are advised to keep a closer eye on these dynamics.
Australian infrastructure deals double to US$5.6b in the six months to Q3
This total value was from 20 big-ticket transactions.
Australian commercial property transactions to increase by 11% to $44b in 2024
The market is showing signs of strengthening.
Hotel investment activity in Australia remains remarkably resilient
Hotels have an inflation hedging appeal.
Why the Australian hotel sector has a promising future ahead
Its proximity to the rising wealth in Asian markets will drive tourism growth.
Nearly 27,000sqm of retail space currently under construction in Adelaide
And three other project plans have recently been approved.
Over 1m sqm of industrial supply currently under construction in Sydney
Over 40% is pre-committed.
Perth to welcome 14 new industrial projects by mid-2025
These will add over 130,000sqm of new stock to the market.
Melbourne industrial supply breaches 10-year quarterly average
Over 555,000sqm of new stock was completed over Q2.
Sydney to see five new office projects this year
The projects will yield over 85,000sqm of new space.
Ten prime office projects currently under construction in Melbourne CBD
These projects will deliver over 205,000sqm of new stock by early 2026.
Perth CBD prime net effective office rents to grow by 5.1% in 2025
Rents grew by 3.0% in Q2 2024.
Perth retail rents to grow by up to 2.7% annually until 2028
The regional subsector is expected to see the biggest growth.
Adelaide Q2 industrial gross take-up underperforms two-year average
Occupier demand was at 22,401 sqm during the quarter.
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