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Gold Coast hotels miss Comm Games targets
News
Co-working to eat up traditional offices in droves
Traditional offices with a reception desk and waiting area are set to go the same way as video stores, according to Christie’s chief executive Rob Christie.
News
Mega malls: Retail buyers splash $8.8bn in monster year
The value of retail property deals hit $8.8 billion last year — the second highest on record — as investors snapped up trophy assets and defended themselves against online commerce.
News
Melbourne trumps Sydney on Asia-Pacific investor wishlist
Melbourne is the top location for commercial property investors in Australia toppling Sydney as the preferred destination, according to a new survey. The CBRE 2018 Asia Pacific Investor Intentions Survey revealed the Victorian capital is …
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Shopping centres launch food fight against Amazon
Landlords are adding so many new eateries to shopping malls to draw customers away from online shopping platforms such as Amazon that they are creating competition for existing operators, a JLL report found. Tenant inquiry …
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Aldi winning hearts and minds in supermarket turf war
German giant Aldi has gained further ground in Australia’s supermarket turf war, upping its market share more than any of its rivals in 2017.
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Uluru our most expensive destination for overseas visitors
Heavy marketing of the Northern Territory’s Field of Light exhibition has helped Yulara, the gateway to Uluru, to become the most expensive destination for international travellers to Australia, charging an average $360 a night for a room last year.
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$2bn spending spree makes Chadstone our number one
Shoppers spent nearly $2 billion at giant Melbourne shopping centre Chadstone last year, making it the highest turnover centre in the country as the largest fortress malls defy the retail gloom.
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The 7 biggest trends coming to co-working
Co-working is set to become fully mainstream in 2018, and these are the seven biggest trends set to take the sector by storm.
News
Room rates boom at north Queensland hotels
Cairns and north Queensland hotels posted the highest growth in average room rates at nearly 9% last year, but occupancies dwindled in Perth, slumping 4.6%.
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