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Office rents soar in Sydney and Melbourne
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Commercial property investment close to record pace
Investment in commercial assets is running close to a record pace after some $15 billion of deals in the first half of the year.
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Fashion Week fires up Sydney hotel records
Major fashion and tourism events helped lift Sydney hotel occupancies and room rates to record levels in May.
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Amazon Prime poses biggest threat to JB Hi-Fi, Harvey Norman
Amazon Prime poses a high risk to the earnings of JB Hi-Fi and Harvey Norman, according to analysts at Citibank. Online retail giant Amazon launched its Prime service in Australia on Tuesday, meaning shoppers will …
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Online shopping puts warehouses on easy street
Online shopping deliveries are getting faster and cheaper, which will boost online retail sales and spur demand for small “last-mile” distribution centres, according to Deutsche Bank research. But the shift to online shopping means retailers …
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SMSFs to plug foreign investor hole: report
Foreign investors are disappearing from Australia’s commercial property market but cashed-up self-managed super fund investors are moving in to fill the gap, a new industry report reveals.
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Medical industry an untapped property goldmine
The popularity of our education sector overseas, particularly from Asian students, has been a huge export success. It is now our number one service export and our third largest overall after iron ore and coal.
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Aussie retail landlords fare well globally
Retail landlords in Australia are proving more resilient than many others in the developed world thanks to a well-diversified tenant base, according to an S&P Global Ratings report.
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‘Set aside co-working space or else’, expert warns
Landlords should set aside 20% of their buildings to make way for coworking spaces as businesses move away from traditional offices, an industry expert says.
News
Service stations still stars despite move to electric
Service stations are proving to be a star performer for the retail industry, despite predictions hybrid and electric vehicles will slash consumer demand for fossil-fuels in coming years.
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