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Category Archives: Office markets
Propell office market report
Our survey of the CBD office markets, based on the Property Council of Australia data, was released today with an analysis of national trends. It is available below. 124 Australia CBD Office market overview Mar 2012
Posted in Australian real estate, Office markets
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JLL reports on office markets
In a report released by Jones Lang LaSalle, and reported in AFR, they forecast low rental growth in the main office markets this year, except for Brisbane and Perth where vacancy rates are falling or low and rents growing. JLL … Continue reading
Posted in Australian real estate, Office markets
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Perth office market attractive says AMP
Henry Elliot, fund manager of the AMP Capital Investors Wholesale Office Fund, says that investing in the Perth office market is attractive, reflecting their desire to invest in growth markets. Perth, with vacancy rates down to 2%, and premium buildings … Continue reading
Australian Office Markets
Attached is the commentary on the Australian office markets that we’ve just released, based on the PCA office market figures. Sydney CBD vacancy rate increases while other markets enjoy large scale take up of space. 85 Australia main office markets … Continue reading
Hoog Antink on Sydney office rental growth
Dexus CEO Victor Hoog Antink said he had previously expected office market rental growth in Sydney and Melbourne — the country’s strongest markets in his view — to be as high as 10 per cent in the next two years. … Continue reading
WA Perth office markets in bull mode as demand grows
We attended the PCA breakfast this morning to listen to the release of the office market figures, which were generally bullish, reflecting much higher tenant demand. A good thing too as record levels of new space are being added in … Continue reading
Perth office CBD vacancy rate down
This from http://www.theaustralian.com.au/business/property/mining-boom-keeps-tight-rein-on-wa-cbd-office-vacancy-rates/story-fn9656lz-1226094172710 THE resources boom in Western Australia continues to have a positive effect on the Perth CBD office market, with vacancy rates easing to 5.4 per cent in the second quarter, according to research by real estate agent Jones … Continue reading
Commercial asset values increase
In todays SMH, a report on the valuations of commercial assets now getting reported. See http://www.smh.com.au/business/rays-of-hope-as-valuations-climb-20110628-1gow9.html “PROPERTY valuations have reversed their downward spiral of a year ago with many landlords now looking to the new financial year with more optimism. The … Continue reading
West Perth offices
As we reported earlier in the year, vacancy rates are tightening in the West Perth office market as leasing deals get done. This article appeared in todays West Australian newspaper at http://au.news.yahoo.com/thewest/business/a/-/wa/9750599/vacancy-rate-shrinking-in-west-perth/ “The vacancy rate in West Perth’s office market is … Continue reading
Perth office rents to increase according to agent
According to Andrew Denny, CBRE, Perth rents are to increase over the next five years by 4.2% p.a. as the vacancy rate falls to 5%. “Perth’s office rental growth is forecast to far exceed the national average over the next … Continue reading
