Market Research

With the year almost at an end, it’s that time when we all stop to reflect on what has passed, before we move on into the future. This most certainly applies to the development and property industry, where we take the time to reflect on the market and where it may be heading in 2017. Experts from Colliers International in Brisbane and the Gold Coast have take the time to provide commentary on the South East Queensland capital market and metro markets to review the year-that-was and to provide a forecast for the coming new year.

What is human-centered design (HCD) and how can it be used to create more valuable developments, that have a higher consumer engagement and therefore higher marketability?  

The latest figures from the Real Estate Institute of QLD (REIQ) revealed that Stockland’s residential communities across greater Brisbane are considerably more affordable than the average established home in the same areas.

With the thousands of new apartments due to be delivered in 2017 in Melbourne, Sydney and Brisbane, competition will undoubtedly be fierce for buyers. The need for developments to be saleable will be more intense than ever. The cream of apartments will always rise to the top; the trick is to make sure your development is amongst them.

The latest research is in, and it reveals that a spike in household trade sales across Australia is set to drive the next wave of growth in the industrial and logistics sector.

The era of the ‘smart building’ is nearly upon us – so close, in fact, its design and function can be imagined in incredibly fine detail. The vision of the smart building of the future was one of the key findings from the joint Urban Canvas research project by JLL and TEDx Sydney, which surveyed more than 200 professionals from 19 industries and conducted full-day workshops to explore issues around workplaces, buildings and cities.

CBRE has released a new Viewpoint that highlights Sydney CBD office yields have hit pre-GFC lows – with potential to fall further. 

While a sense of confidence has returned to the Gold Coast economy ahead of the city hosting the 2018 Commonwealth Games, it has not translated as well to its office market, according to Ray White Commercial.

Despite interest rates being at all-time lows, a JLL national survey has found that sentiment among shopping centre managers remains subdued.  The prime reason appears to be the continuing competition being experienced in the Australian retail sector.

Savvy investors are capitalising on the continued strength of South Sydney’s industrial market – securing assets in record time amid the area’s increasing appeal as one of Australia’s most coveted inner-city business hubs.  

Global JLL paper explores the growing push towards coworking and the considerations for organisations. The paper also identifies the four core coworking models that are emerging.

The face of Victoria’s homemaker centres is changing, with an influx of new entrants to the sector diversifying the retail mix in shopping hubs across the state. 

Strong growth in the IT sector is fuelling a wave of activity in Brisbane’s office market, with both new and established firms swooping on space across the city. 

Marcus Clarke Street is emerging as Canberra’s premier corporate address, amid an influx of new tenants on the renowned business strip. 

The Property Advisory has snapped up a premium leased industrial facility within the proposed Uni Central Business Hub in Notting Hill for $4.1 million. 

A new era is dawning on Perth’s hotel market, with a surge of development over the next five years injecting new life into the sector and helping leverage the city as a world class tourism destination. 

Shopping Centre managers surveyed nationally by JLL have reported being more positive about future trading prospects of the centres they manage compared to six months ago.

Sydney’s North West is emerging as one of the most in-demand regions for developers, underpinned by the strong growth predicted in the area over the medium to long-term.

Economic conditions have begun to improve in Canberra, with the support of recent employment growth leading to better market fundamentals for both the sales and office leasing markets. The findings are according to the latest research from Knight Frank Australia.

Melbourne’s city fringe office market is on the cusp of a new development cycle driven by strong tenant demand, rental growth and tightening vacancy rates.

Residential conversion, infrastructure spend & ballooning CBD asset prices all contribute to buoyant metro markets. 

Perth’s CBD property market looks set to reverse the declining sales activity of recent years, with 2016 already heading towards sales well in excess of $500 million. The findings are according to Knight Frank’s latest research report.

Melbourne’s CBD core shop vacancies have fallen 55 percent - since a post-GFC high recorded a vacancy rate of 6 percent in March 2011 - and are expected to remain low on the back of increased spending.

JLL’s analysis of the Australian retail investment market for 2015 shows transactions were at record highs, while yields reached new benchmarks for core assets. Offshore investors led demand – purchasing the highest level of retail assets in Australia on record.

Industrial vacancy rates have trended down in Brisbane by 1.8 per cent over the past quarter – the second consecutive fall recorded for Brisbane. The findings are from Knight Frank’s latest Brisbane Industrial Vacancy Research report, February 2016.

Global real estate services firm JLL has completed a snapshot of the range, innovation and delivery of customer service and experience offerings across commercial office buildings across Asia Pacific.

Strengthening demand for freestanding retail investment assets has spurred the sale of two prominent Melbourne service stations. 

Sydney outperformed the Asia Pacific region in the final quarter of 2015 for quarterly rental growth, recording a 5.4% uplift in rents compared to the average 1.3% growth across the region.

A surge in offshore buyer activity is fuelling growth in Australia’s industrial and logistics sector, with foreign buyers more than tripling their presence in the market, accounting for 37% of all sales in 2015. 

Local and offshore investors and owner-occupiers will hone in on the Melbourne CBD in 2016 as property becomes the investment class of choice for a growing number of groups and individuals.

Sydney and Melbourne are at the forefront of the office market recovery. However, four of the six monitored CBD office markets recorded positive net absorption in 2015. 

More than 32,000 hectares of premium agricultural land in the heart of Queensland’s Clermont region is to be presented to the market for sale in January 2016. 

Sydney’s metropolitan pub market continues to gain momentum, with a flurry of transactions pushing CBRE’s total transaction value 2015 in excess of $200 million.

Investors splashed out a record $29 billion to purchase commercial property (more than $2m) – office, industrial and retail - in the 12 months to December nationally, up 20 percent on the last two years with foreign investors taking a 38 percent share, according to Savills Australia’s latest research.

Office investment yields have hit a record low in Melbourne and are on a similar trajectory in Sydney after another standout year for commercial sales activity.

With Australia’s capital cities predicted to add 3.2 million new citizens in the next 10 years, new mass transit systems and faster connections to markets will be needed. Sydney will lead the way, with transport infrastructure projects improving accessibility, creating new business clusters, driving real estate opportunities, trigger demographic movement and drive a need for higher densities.

The current business and consumer confidence will continue to have a positive effect on Australian property into 2016, according to “Property Outlook”, the 2016 forecast report by Colliers International.  

Parramatta is emerging as one of Australia’s top business destinations, with a number of global business players shifting their focus from the Sydney CBD as they vie to gain a presence in the growing Western Sydney region. 

Brisbane is positioning itself as Australia’s education centre, with a swag of developments underway across the city set to entice students to study in the Queensland capital. 

Over 60,000 square meters of commercial space is to be withdrawn over the next two years in the Sydney CBD to make way for the new underground metro line. Major acquisitions include 39 Martin place, 55 Hunter Street, 175 Castlereagh Street and 12 Castlereagh Street. These withdrawals are expected to cause additional downward pressure on a declining CBD vacancy rate. Colliers International forecasts indicate the vacancy rate will decline to the lowest level since the GFC, falling to 5.23 per cent by January 2017.

Data-driven operations bringing significant change for building owners, managers and tenants in commercial property industry.

The weight of capital seeking investment in Australia's commercial property market is creating its own dynamic and creating more opportunities for corporate occupiers in the current market than has been seen in recent times.

Sydney has been one of the strongest performers in Asia Pacific for rental growth during the third quarter, with predictions it will have one of the strongest rental uplift by the end of this year and continuing high growth in 2016, according to JLL’s Global Office Index. 

An estimated 350,000sqm of new supply will enter Australian CBD office markets in the second half of the year, a new high for a half year period.

The weight of capital seeking investment in Australia’s commercial property market is creating its own dynamic and creating more opportunities for corporate occupiers in the current market than has been seen in recent times.

Woolworths launched Masters Home Improvement in 2011, through a joint venture with American hardware chain Lowe’s, as a big-box hardware chain to compete with Bunnings.  However, while Bunnings’ market share has contracted marginally, smaller retailers have been the ones to suffer. 

Online retailing is set to become the next powerhouse of Australia’s industrial market, with the sector expected to expand its footprint across the country by three million square metres over the next five years.

Sydney has been identified as a ‘future challenger’ to the Big Six of the ‘Established World Cities’ of Tokyo, Singapore, Hong Kong, London, New York and Paris, according to new research from global real estate consultancy JLL in conjunction with The Business of Cities.

Melbourne has seen the highest level of net absorption amongst CBD markets in 2015, with the highest annual level in five years.

Canberra’s office market is showing tentative signs of recovery with leasing up threefold on the last 12 months, according to Savills latest Canberra Office Briefing: October 2015, following significant reductions in the public sector workforce and workspace ratios along with new `Green’ office requirements, which had seen the vacancy rate reach 15.3 percent.

Property and Business Services along with Government/Community organisations have been the key drivers of Melbourne’s CBD office leasing market over the last five years, according to Savills Australia research.

Prime property prices increased by 1.9% in the year to September 2015, according to Knight Frank’s Prime Global Cities Index with Vancouver and Sydney leading the rankings with standout performances.

Australia offers significant opportunities for luxury retailers at a time when the Asian market is reaching saturation point.

The pace of first time international brand entrants and expansions in Australia has continued at the same rapid rate as last year, with openings or leases secured on more than 30 new stores.

Australasian cities are punching above their weight to attract the highest proportion of real estate investment in Asia Pacific, according to JLL's Investment Intensity Index.

Eastern Seaboard office markets are hotting up as strong business conditions for key white collar sectors, like Business Services, Finance and Property (shown below in orange), are translating into high levels of demand for office space. 

Knight Frank, the independent global property consultancy,  launches Global Cities: The 2016 Report, examining the market performance of 20 global cities across the world, of which 10 are in Asia Pacific.

Global commercial real estate (CRE) investment reached US$407 billion in H1 2015, the strongest first half to a year since 2007, and up 14 per cent year-over-year, according to the latest research from global property advisor CBRE Group, Inc.

Share market volatility along with strong government support for one of the nation’s most rapidly growing industries is driving increasing demand for chlldcare centre investments, according to Savills Australia Director, Julian Heatherich.

The latest Savills 12 cities report has found that the gap between rents paid worldwide by tech businesses is closing with those paid by the finance sector. 

How quickly the Parramatta office market expands as Sydney’s second CBD depends in large part on whether the Commonwealth Bank decides to consolidate its suburban office accommodation requirements at the centre.

Offshore investors dominated commercial property sales activity in Australia in Q3, snapping up over half of the $8.6 billion in property traded during the period according to new CBRE data.

Building is become an increasingly attractive option relative to buying for a growing band of commercial property investors, according to a new CBRE Viewpoint.

London, Hong Kong and New York are the world’s most expensive cities for companies to accommodate employees, with London just ahead, according to latest Savills Live/Work Index which measures the combined cost of residential and office rental per person per year.

Building owners globally are increasingly implementing comprehensive Environmental, Social, and Governance (ESG) programs, according to global real estate advisor CBRE.

Sydney’s CBD office assets remain keenly contested amongst a broad depth of buyers, underpinning further yield firming, albeit more pronounced amongst secondary assets in response to greater risk appetite.

The South West is emerging as Sydney’s industrial powerhouse, eclipsing the traditionally saturated outer west as the region undergoes transformation amid major infrastructure projects in the area.

Knight Frank, the independent global property consultancy, launches the Q2 2015 Global House Price Index which tracks the house prices of 56 mainstream residential markets across the globe.

Sydney’s Martin Place office precinct has turned a corner, with the area’s potential stock of vacant space having fallen by circa 70% according to a new CBRE market analysis.

The strata office market is emerging as one of Melbourne’s hidden successes, with values lifting up to 30% over the past 18 months, CBRE analysis has revealed.

An increase in small tenants is creating a changing landscape for building owners in CBD office markets across the country.

​Cashed up institutional investors, already the dominant player in ownership of prime retail assets, continue to plunge deeper into the sub-regional and neighbourhood markets splashing out more than $3 billion on those sectors in the 12 months to June driving neighbourhood centre sales up 180 percent on the five year average, according to Savills Australia research. 

Australia’s rising appeal with foreign students is underpinning a wave of growth in the education sector, with office markets around the country experiencing unprecedented levels of demand from providers looking to accommodate swelling operations.

“With unabated demand for Sydney’s older commercial stock to be converted into hotels or residential, coupled with reasonably low future net supply, it is no surprise that vacancy has fallen to its lowest level in over six years. "

Melbourne is set to join the ranks of fashion meccas such as Paris, Hong Kong, New York and London, as an influx of luxury brands vie to gain a presence in the city’s premier Collins Street retail precinct.

Adelaide businesses have leased more space in the first half of the year than the same period in 2014 as the city’s office vacancy rate remains steady.

Despite broader headwinds facing the national economy, current conditions are supportive of growth in NSW.  Low interest rates, currency depreciation, the strengthening US economy and modest improvement in Europe have all started to benefit demand. 

The Australian industrial market is set to continue its upward momentum, with a bourgeoning deal pipeline in the second half of the year set to eclipse the $5.4 billion of sales recorded in 2014.

The Australian economy is again in transition, favouring white collar industries in Eastern Seaboard states. Evidence of this transition can be seen in recent export data.

The Knight Frank Prime Global Cities Index increased globally by 2.5 per cent in the year to June 2015 across the 35 prime cities monitored. 

The multi-billion dollar redevelopment of Brisbane’s riverside Queen’s Wharf precinct could further stimulate the property market in suburbs beyond the CBD, according to local real estate and property specialist Hung Tran.

DEXUS Research today released the Australian Real Estate Quarterly Review (AREQR) Q3 2015. The AREQR reports on the current state and outlook for the Australian office, industrial and retail markets.

Commercial property in Sydney’s CBD remains to be one of the most sought after assets with record performances year on year. 

More than $28 billion worth of commercial property - office, industrial and retail - has been transacted in the 12 months to June nationally, up nearly $5 billion or 20 percent on last year’s figure, with foreign investors taking 24 percent, according to Savills Australia’s latest research.

JLL Research has released 2Q15 statistics on national office markets. The figures showed positive net absorption of 88,400 sqm over the quarter – a fourth successive quarter of positive net absorption – and 205,500 sqm over the 2014/15 financial year. 

DEXUS Research has released the DEXUS Office Demand Barometer for the June 2015 quarter, a model which indicates conditions for future demand for Sydney CBD office space.

Australia attracted over one-quarter of the Chinese capital that flowed into global real estate in Q1, 2015 – with Sydney and Melbourne the primary targets, according to a new CBRE ViewPoint.

JLL's preliminary figures for investment volumes for the first half of 2015 show Australian commercial property volumes continue to track lower than last year's record levels.

Growing population, international students and an increase in white collar employment in Melbourne’s CBD has led to a rise in the number of supermarkets and convenience stores located in the city.

The abolition of stamp duty on commercial property, as announced by the South Australia government last week, will open up opportunities for buyers and vendors alike, according to Colliers International.

Over the next five years, the Australian supermarket landscape is set to evolve to accommodate the entry and aggressive expansion of offshore discount grocery retailers, a new CBRE Viewpoint report has revealed.

Sydney and Melbourne have boosted their international status as number 10 and 11 respectively on the latest Knight Frank Prime Global Cities Index.

JLL’s research figures for Australian retail markets are showing evidence of a rental growth recovery in the CBD and bulky goods/ homemaker retail sectors.

​According to JLL, the Australian industrial property sector is building toward a recovery in occupier demand conditions at a point where the development cycle is more subdued, indicating rental growth may accelerate in the next few years.

A revitalized secondary office market in Melbourne and Sydney CBDs - driven by unprecedented growth in international student numbers and the relentless demand for residential development sites - has emerged as a key market driver putting upward pressure on rents and helping to underpin the broader office market according to Savills Australia.

Sydney’s rising skyline is expected to eventually result in an increase in office tower rents, according to Knight Frank agents.

With the completion of the light rail mid-way through last year came renewed interest in Surfers Paradise. Following years of road work, light rail construction and ground works, the wheels of change having been turning in Surfers Paradise evidenced by a swag of recent leasing deals for both retail and office space.

Sydney is currently one of the most active hotel investment markets globally with some AUD 1.9 billion of major CBD hotel sales taking place in the past 22 months.

Aussies spending more on household goods than any other sector, as low interest rate environment makes for positive retail conditions.

Savvy investors are looking at their asset allocation and considering investment alternatives in commercial property.

In a virtual mirror image of CBD markets, data on Australia’s key fringe office markets reveals a pattern of strong investment markets and softer, but improving, leasing markets, according to Savills Australia research. 

There has been a huge surge in Chinese outward investment into real estate in recent years, led by the softening of Chinese market conditions and government policy encouraging overseas investment by Chinese firms. This has led to increasing investment levels in gateway markets globally – particularly in Australia.

Over the next decade, the Australian retail market is set to evolve to accommodate the changing shopping preferences of younger consumers, a new CBRE report has revealed.

There are few options for large space users, while residential conversions will displace tenants over the next three years.

Car parks in Australia are still hot property as city councils strive to reduce the number of parking spaces in our CBDs and prices continue to rise, according to the latest research from Colliers International and Parking & Traffic Consultants, The Evolution of Car parking.

Eastern Seaboard industrial vacancies have continued to rise, however at a slower rate, according to the latest Industrial Vacancy Analysis research report by Knight Frank.

The tide is turning in Australia’s office market, amid a six-year high in employment levels driving tenant demand on the eastern seaboard.

While Gold Coast and Cairns hotels are basking in the sun with improved occupancy, average daily rate and RevPAR in 2015, Brisbane has experienced softer trading conditions with both occupancy and average daily rate down on last year for the first quarter of 2015.

Investment and supply levels are expected to continue their steady climb across Australia’s key industrial markets this year following the highest level of industrial investment on record in 2014.

Global real estate investors remain confident and their intentions are expansionary, with more than half planning to increase their acquisitions in 2015, according to CBRE’s Global Investor Intentions Survey 2015.

More than $24 billion worth of commercial property – office, industrial and retail - has been transacted in the 12 months to March nationally for the third year running with funds taking the bulk of purchases with a 32 percent share while foreign investment accounted for 38 percent of CBD office purchases, according to Savills Australia’s latest research.

CBRE research has determined improving sales turnover per sqm, coupled with lower bond yields, should lift CBD rental growth expectations and support further yield compression across Australia in 2015.

The two years outlook for rental and capital value growth is brighter for Sydney’s major suburban office markets of North Sydney, Parramatta and North Ryde than for the CBD according to the latest Sydney commercial property market research reports released by forecasting company, BIS Shrapnel.

DEXUS Research today released the Australian Real Estate Quarterly Q2 2015 which reports on the current state of Australia’s office, industrial and retail markets.

Theme parks offer an exciting business proposition catering primarily to the leisure and tourism market. 

JLL Research has released 1Q15 statistics on national office markets. 

JLL’s latest research reveals 60 Chinese cities that will thrive on smart growth.

Australian casino giants are placing all bets for revenue growth on gamblers from Asia, due to burgeoning wealth in Asian nations and a boom in spending by high-rolling gamblers. 

Like most successful business undertakings, selling a pub - or more to point; selling a pub for a favourable price - is a process demanding careful planning and preparation.

London has retained its place as the world’s most expensive city for businesses to accommodate their employees, but is beginning to look better value on a world stage as Hong Kong and New York close the price gap, according to latest analysis from international real estate advisor Savills.

In 2014, Chinese investors acquired in excess of $1 billion of commercial office product in Australia for the first time. JLL reports that this figure represents the tip of the iceberg for Chinese investment in the office sector.

Record demand for metropolitan office space in Sydney and Melbourne in 2014 is set to lead healthy activity in the sector in the year ahead.

At least 55,000sqm of office stock will be withdrawn from Brisbane’s near city market over the next two years as the city’s apartment boom gathers pace, a new CBRE analysis has revealed.  

The last three to four years has been challenging for the retail sector and while some of those challenges remain, JLL’s latest retail survey conducted nationally has recorded the strongest overall sentiment from retail centre managers’ since the surveys began in September 2011.

Australia’s commercial property sector is set to remain high on the radar of foreign investors, with Asian buyers increasingly looking to mature markets to inject capital and diversify property interests in a bid to unlock long term growth opportunities.

Knight Frank, the independent global property consultancy, today launches the ninth edition of The Wealth Report 2015 which includes a survey of Knight Frank’s Capital Markets teams across 15 key locations around the world to find out where and what the super-wealthy are buying.

Over the past decade the shopping strip located between St Vincent’s Hospital and the Town Hall on Oxford Street has gone through its fair share of peaks and troughs, but with falling rents, and an influx of international fashion brands hitting Australia, it may well be out of the woods.

A new wave of capital from Asia is making a beeline for Australia’s trophy hotel assets, driving domestic buyers out of the high-end market as competition strengthens.

The Australian retail sector is in the midst of a boom in shopping centre supply.

Sales activity is on the rise across Brisbane’s industrial property market, with owner occupiers in the sub-$10 million segment particularly active.

​Chinese buyers were responsible for purchasing an astonishing 28% of Australian hotel sales in 2014, with the total transaction volume reaching circa AU$2.75 billion across Australia and New Zealand.

Parramatta’s office leasing market remains tightly held, with a low vacancy rate throughout 2014 continuing into this year. 

Low interest rates and the weaker Australian dollar are driving strong interest in Australian rural and agribusiness investment opportunities, creating perfect market conditions for rural owner-operators to take advantage of sale and leaseback opportunities. 

JLL’s Australian Shopping Centre Investment Review & Outlook report forecasts a positive impact for the retail sector in 2015 from the depreciating dollar and decline in oil prices and another competitive year for retail investments after sales surged to a record high of $7.5 billion in 2014.

Economic conditions were mixed during the quarter. Overall they have been supportive of white-collar industries, however momentum has slowed slightly and as a result the Reserve Bank has again cut interest rates.

Much talk – and rightly so, for the past year or two in particular has been about the amount of demand and staggering land prices paid by residential developers throughout Sydney.

San Francisco and Sydney offer amongst the most attractive office investment yields in the world while Hong Kong and Tokyo have the tightest according to a ground breaking research report published by leading property adviser Savills in conjunction with Deakin University.

Industrial property is becoming one of the most sought after asset classes, with investors taking advantage of favourable conditions as they move to diversify their property portfolios.

Office sales activity in suburban Melbourne almost doubled in 2014, with $709 million in deals transacted according to a new CBRE market review.

December quarter figures released by JLL show retail vacancy rates have continued to trend down.

The New South Wales pub market has returned to its boom days with more than $650 million of transactions being completed in the 2014 calendar year. 

Australian retail rents are beginning to rise across the board after a prolonged lag to retail trade.

The DEXUS Office Demand Barometer, recorded a solid 1.7% in December 2014, which was down slightly from 1.9% last quarter. 

A record $4.7 billion of Sydney CBD office buildings transacted in the 2014 calendar year, almost double the amount recorded in 2013.

The growth momentum in the NSW economy—which started to pick up in the second half of 2013—has continued this year, driven by the recovery in dwelling construction. 

The anticipated plans for ageing office stock across Australia’s office markets is expected to vary, with Sydney and Melbourne leading a charge for residential development conversions well above commercial book value.

Brisbane has emerged as the national leader in relation to improvements in the sublease office market, with a 19% reduction in available space in Q3.

Residential developers were the dominant buyers of Sydney industrial sites in Q3 in what may be an emerging trend for the sector, according to new CBRE research.

Macquarie Park is set to be Sydney’s next big central business district, with a growing trend for businesses to set up head offices in the area by consolidating multiple existing commercial spaces into one.

Western Australia is in the grip of a retail space shortage according to the latest profile of the state’s shopping centre industry.

Bermuda has claimed the number one spot in a new list of the world’s top 20 islands for UNHWI real estate investment published today in The Candy GPS Report.

Industrial property strengthening returns and increasing scale of distribution centres and warehouse facilities is satisfying the strong investor appetite with total investment returns achieving a post GFC peak of 11.7 per cent, according to the latest Colliers International industrial research report.

The foundations of the ‘new improved’ Gold Coast were laid over the past year with greater competition for quality leased investments, advertising of distressed assets has decreased, lease vacancies are being slowly but surely filled and developers are again keen to raise the cranes.

Foreign retailers are creating a ‘space race’ for the owners of regional shopping centres across Australia – particularly in Sydney and Melbourne.

As China gradually eases restrictions on outbound investment there is a new wave of liquidity heading towards Australia.

JLL Research has released Q3 statistics on the national office markets. JLL recorded positive net absorption 19,800 sqm over the quarter and a stabilisation of the national CBD office market vacancy rate at 12.4%.

In the run up to the Global Financial Crisis (GFC) Asia Pacific experienced a boom of new real estate funds driven by a heady mix of liquidity, capital market fundamentals and expectation of high risk-adjusted returns. 

Competition in the Brisbane metro office market is heating up with a record of $533 million transacted in the first half of 2014 as the city’s office vacancy and increased residential development impact upon new office supply.   

Australia’s Hotel industry is undergoing a rejuvenation of room inventory in major markets on a scale not seen since the early 1990’s, according to the latest research from Colliers International Fresh New Look: Hotel sector gets a make over

BIS Shrapnel’s latest quarterly underlying demand* indicator for office markets shows that it has fallen in August 2014, to just 125,000 square metres nationally. 

A new report from the World Green Building Council (WorldGBC) finds “overwhelming evidence” that office design significantly impacts the health, wellbeing and productivity of staff.

In the latest Savills Live/Work Index released today, Sydney has moved up one place, now overtaking Dubai, to eighth position as the world’s most expensive place to live and work, according to the latest analysis from international real estate adviser, Savills.

Knight Frank, the independent global property consultancy, today launches its inaugural Global Cities Report 2015. The report assesses the effect on the office market of more than 1.1 billion new city dwellers forecast for the next 15 years. 

It’s easy to understand why industrial property is so attractive with passive investors at the moment. New ‘super prime’ space offers high initial yields compared with office and retail property, longer leases, fixed annual rent increases and is easy to manage. 

Australia’s commercial property sector is expected to remain a magnet for foreign capital in the next 12-18 months, according to a new CBRE special report focused on the country’s rise in prominence as an investment destination.

Tenant enquiry levels are on the rise in the Sydney CBD in a positive forward indicator of improving conditions in the office leasing market.

The Australian commercial property investment markets were very active over H1 2014. Globally, Australia was the sixth largest market for transactional volumes in H1 2014. Offshore investors were active participants in Australia.

Shopping centre incomes, and growth in incomes, are a critical component of total returns to retail property investment. The last few years have seen severe challenges to shopping centre incomes, with AREIT results showing that net income growth has now fallen behind the pace of inflation.

A flurry of new industrial developments slated for Brisbane will underpin growth in the city’s industrial property market, according to new research by CBRE.

Melbourne CBD grid investment sales has entered a period of sustained recovery averaging sales of $1.5 billion for two years running - more than 65 percent over the $909 million average of the previous ten years - at a time when office vacancy has been relatively high by Melbourne standards, according to Savills Australia’s latest research.

Global investors are seeking to increase their investment in commercial real estate this year, with the Australian market remaining a key target for cross border acquisitions. That was one of the key messages from the annual CBRE Sydney Market Outlook breakfast, which was attended by more than 400 property professionals last July.