CBD occupancy rates spike as more Australians return to the office - CBRE
The return to the office is gathering pace in Australia, with the nation’s CBD occupancy rate hitting 71% of pre-COVID levels in Q3 according to new CBRE data.
Knight Frank reveals its top 7 predictions for the commercial property market in 2024
An improved vintage awaits the commercial property market next year, with 2024 to be a better year to acquire assets, according to Knight Frank’s Australian Horizon 2024 report.
Sticky consumers drive Australia’s e-commerce penetration rate to well above the pre-COVID trend - CBRE
A new CBRE report, Australia’s E-Commerce in the Post-Pandemic Era, highlights that despite some moderation post pandemic, the growth in e-commerce has had a lasting effect on the Australian market.
Global CBDs showing signs of retail recovery according to JLL
COVID-stalled global CBD retail leasing markets are now seeing the early signs of revival but a lack of transactions is consistent across various markets.
According to Vanessa Rader, Head of research at Ray White Commercial, the continued growth in finance has impacted all commercial asset classes with total returns down across most types and pressure on capital return greatest as investment yields rise.
Makeover concept breathes life back into once jaded retail strips
Melbourne’s premier retail destinations are getting a much needed boost with a new concept breathing new life into some of Melbourne’s leading shopping strips.
Dress Smart Auckland to introduce new food and beverage precinct to meet surging demand
Dress Smart Auckland, New Zealand’s iconic discount outlet shopping destination, has unveiled its latest venture, designed to cater to the burgeoning local community and its surrounding areas.
WA Population Boom Powers Future Consumer Spending: A Bright Outlook for WA Retailers
The tailwinds of persistent retail sales growth, recovered footfall and improved occupancy show green shoots for the retail sector in WA adding a potential $1bn per annum to Australia’s economy.
The rise and rise of the alternatives, but what’s next? - RWC
According to Vanessa Rader, Head of research at Ray White Commercial, despite the changing volumes peaking in 2021, the share of investment activity by asset class has remained relatively stable.
