Australia

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%. 

Australian industrial sector poised for another robust year with unabated tenant demand

Industrial transactions are off to a good start with $1.5b in Q1.

Australian office investment volumes back to pre-COVID levels 

Volumes increased 34% to $2.8b in the first quarter of 2021.

Sydney small businesses’ average lease term fell 23% over the past 5 years

Businesses occupying under 2,000 sqm sign lease terms of just 3.9 years.

Guess which Australian city saw the largest fall in sublease availability in Q1

Sublease availability in this city fell 24% during the quarter.

APAC markets show ‘unrelenting’ logistics demand as firms run short of warehouse space

ESR Australia recently bought a portfolio of 45 properties for a whopping US$2.9b.

How Australia’s robust housing demand impacts banks and developers

Weakening housing affordability and falling net migration pose medium-term risks.

These two APAC markets saw the highest surge in commercial property investments in Q1

Investments jumped 68% and 280% in Australia and Singapore, respectively.

Here’s why Melbourne’s office market will see more activity in Q2

Colliers expects increased market activity across assets higher up the risk curve. 

Sydney office yields to compress to 4.25%-4.75% by end-2022

The Sydney CBD prime equivalent yield range currently sits between 4.38% and 5%. 

Demand for ‘edge’ data centres rises amidst pandemic

27 edge data centres will be built across Australia within the next two years.