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Economic News
Building and construction news, economic news and insights for the commercial property market.
News
New Zealand a shining light in global market
News
Interest rates, the economy & commercial property
Is your money burning a hole in your pocket while you wonder if now is a good time to jump off the sidelines and grab a slice of commercial property? The Reserve Bank Board’s (RBA) …
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Investors set to spend more on commercial property
Investors spent A$492 billion on commercial property around the world in 2013 and it’s tipped to rise 11% this year. The United States, London and Australia are key destinations for commercial property investors looking for …
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Interest rates on hold in April
Interest rates remain on hold, with the Reserve Bank of Australia opting to leave the official cash rate at 2.5%. Rates have been at this record low level since August last year and RBA Governor Glenn …
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Sun shines on Queensland holiday accommodation market
The sun is shining on Queensland’s holiday market, with a hot summer marking a shift from recent gloomy seasons. JLL figures shows the Sunshine State accommodation market picked up in the past peak season after …
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Australian universities: key players in the commercial property industry
It’s one of our fastest growing industries, controlling billions of dollars’ worth of real estate, yet few portfolio managers or private investors pay Australian universities a lot of attention.
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Australian hotels a hot property destination
Australian hotels are emerging as more than just a place to lay your head. Investors spent about $4 billion on hotels in the past two years – well up on the five-year average of …
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Office demand down but some cause for optimism
There are signs demand in some CBD office leasing markets will increase in 2014 despite rising vacancies last year. Australian Property Council research shows the nation’s office market vacancy rate rose in the past six …
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Interest rates: no change in February
The RBA left interest rates on hold, with the official rate at 2.5%. Commercial property experts say this brings some good news for the industry – particularly those in the tourism-related sector.
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A-REITs: what will the market hold in 2014?
A-REITs give investors exposure to the capital growth and rental income of big property assets. What is the outlook for this investment sector in 2014?
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