Research

Office vacancy rates in Sydney and Melbourne have hit a 10-year low, with the workspace boom sparking surging CBD rents, according to Savills Australia.

lternative real estate investments such as aged-care facilities and data centres are set to benefit from a wave of institutional capital in coming years, according to JLL research.

We have watched digital technology rewrite the rule books in media and retail. The next sector to be transformed is bricks and mortar — a key linchpin of many Australian investment strategies.

The lack of a development surge has protected the office markets from the savage swings in previous cycles with good conditions likely for the next two years, according to Dexus chief executive Darren Steinberg.

Strong performances in the office, hotel and industrial sector are helping to counter ongoing weakness in the retail space, the latest NAB Commercial Property Index shows.

Just as the success of Western Australia’s ‘Lithium Valley’ project depends on the state’s ability to create fully integrated supply chains, experts have said that the impact of any jobs boom on the property market will only be significant if thousands, rather than hundreds, of new jobs are created.  

Room rates in Melbourne’s aggressively expanding hotel market have declined over the past two months due to the increase in hotel stock and the high quality of Airbnb stock located near the CBD.

Melbourne’s iconic Chapel St retail strip is continuing to struggle, with almost one in five shops now vacant despite a citywide boom in retail strip leasing. New research in commercial agency Fitzroys’ Walk The Strip …

The corner office is a thing of the past with the majority of new workplaces rolling out open plan designs, according to the latest industry snapshot.