Research

Rising appetite for office space has pushed the vacancy rates in Melbourne and Sydney’s CBDs to their lowest level in 10 years, according to the Property Council’s Australian Office Market Report.

Investors are tipped to chase office towers outside the hot markets of Sydney and Melbourne as they begin to show better value than the two gateway cities where values have already soared, according to an analysis by real estate firm JLL.

A big sign that property markets are heading to a downturn is an increase in the number of listings.

Retail property investors are preparing for a wave of shopping centres to hit the market as landlords face a tougher environment with slower spending and traditional anchor department stores coming under pressure. While retail property …

Out-of-control rents and reduced sales volumes are placing pressure on the profit margins of the nation’s listed retailers, with a growing number of businesses planning to close loss making stores in the face of the crippling headwinds, says a new survey from Macquarie Wealth Management.

Australia’s office markets have recorded their lowest vacancy rates in five years as Sydney has experienced the least amount of empty office space since the 2000 Olympics, according to JLL.

In contrast to dire headlines about the state of the residential market, Sydney’s office markets are running hot, with both rents and capital values rising in the last quarter 2018, according to a new analysis by property agency Savills.

Australia’s commercial property market has recorded its slowest year since 2013, despite buyers splashing more than $30 billion on commercial assets nationwide in 2018. Year-end data from CBRE – shows investors ploughed $32.8 billion into …

The worth of Australia’s prime office towers has not yet peaked and will continue to rise over the next year, according to Dexus chief executive Darren Steinberg as the landlord posted a $405 million or 3.1% lift in values for the half year across its office and industrial portfolio.