Australia
Sydney CBD to see 177,600sqm of new office space this year
Sydney CBD to see 177,600sqm of new office space this year
Thanks to eight office developments currently under construction.
Perth retail completions underperform 10-year average
There were only 28,900sqm completions over the past year.
Brisbane’s apartment supply shortage will only get worse: JLL
The supply pipeline will remain lacklustre in the next few years.
Brisbane Q1 industrial take-up breaches 10-year average
Demand reached a total of 151,000sqm during the quarter.
Perth to see four new office projects in the near term
The projects will yield a total of 125,700sqm in new office space.
Sydney hotel supply to increase by 5.1%
Six new hotels are slated to add 1,173 new rooms to the market.
Small tenants drive Melbourne office demand in Q1
Net absorption in the CBD reached 8,100sqm during the quarter.
How is Adelaide’s retail supply pipeline faring?
Nearly 30,000sqm of retail space is currently under construction.
Adelaide’s Q1 industrial take-up underperforms 2-year average
Gross take-up was at 5,385sqm during the quarter.
What you need to know about Melbourne’s residential market
The median unit price is still 2.5% higher over the year to April 2024.
Canberra to see over 72,000sqm of new office space this year
This will push vacancy rates upwards.
Brisbane CBD office vacancy rate hits 5-year low of 11% in Q1
The vacancy rate dipped by 0.1 percentage points.
Adelaide office demand hits 11,000sqm in Q1
Thanks to the government’s expansionary activities.
Undersupply issues to persist in Sydney’s residential market
There are still no large-scale apartment projects being developed.
Brisbane CBD posts highest Q1 office rental growth amongst Australian cities
Net face rents grew by 2.9% in the city during the quarter.
The silver lining to Australian healthcare’s growing pains revealed
Most of the challenges are driven by supply-side pressures.
Here’s a rundown of Australian industrial leasing by region
Gross leasing in Outer West Sydney nearly doubled in the year to Q1.