Australia
Australian industrial transaction volumes hit $8.6b YTD
This was boosted by two Blackstone portfolio sales - Milestone ($3.8b) and Kingdom II ($825m).
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.
Australia’s office property sector “surprisingly resilient” amidst pandemic: Savills
Several big-ticket deals signal investor confidence in the sector.
Watch out for smart warehouses in Indonesia, Australia, and the Philippines
The warehouse automation market is expected to surpass US$30 billion by 2026.
Melbourne retail completions to stay at historically low levels till 2025
Completion levels are expected to drop 38% in 2021.
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.
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