Australia
Adelaide industrial leasing demand hits record low in over a decade
Gross takeup dropped 82.5% in Q3.
Adelaide industrial leasing demand hits record low in over a decade
Gross takeup dropped 82.5% in Q3.
Perth CBD office vacancy rate declines to 19.3% in Q3
The vacancy dropped by 0.9 percentage points vs last quarter.
Melbourne office leasing transactions to plateau in 2023: JLL
Tenant activity is heavily reliant on lease expiries.
Sydney industrial occupier activity still below the 10-year quarterly average
Takeup only reached 193,000sqm in Q3.
New office completions pull Canberra’s office vacancy rate upwards
Vacancy rate grew 1.3ppts to 7.3% in Q3.
Brisbane Grade A office vacancy drops to 14.9% in Q3
Demand is coming from firms trying to lure staff back to the office.
Adelaide office net absorption rebounds to 5,100sqm in Q3
This comes after a negative absorption in the previous quarter.
Australia retail transaction volumes hit AUD1.8b in Q3
Syndicators were the least active buyers during the quarter.
Find out what real estate deal was closed for over USD1b in Melbourne in Q3
But investors are still cautious nonetheless.
Hotel transaction volumes in Australia to hover around US$1.5b in 2023
It’s a slight increase from the US$1.4b expected this year.
Australian industrial transaction volumes ‘subdued’ at $2.5m in Q3
Brisbane attracted smaller private capital whilst Sydney and Melbourne got larger deals.
Here’s how the industrial property sector fared in various Australian regions in Q3
Leasing volumes in Outer West Sydney and Brisbane were subdued.
Which Australian city recorded its largest quarter of net office absorption this year?
Net absorption hit 20,000sqm in Q3.
How could the F1 race impact Singapore’s retail property market?
Retail rents inched up 1.5% in September as tourist inflow drove retail spending.
How effective is rental control in Australia's residential market?
Asking rents rose 14.9% in the year to September.
Sydney hotel supply to increase by 1,619 rooms in the near term
These are from eight properties currently under construction.
Perth retail completions still well below the 10-year average
Completions only totalled 71,200sqm over the past 12 months.
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