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.
New retail floorspace needs to grow by 2.2 million square metres to facilitate population growth of +15% in the next decade according to Colliers’ Managing Director of Asia Pacific Retail Capital Markets Lachlan MacGillivray.
Adelaide CBD office leasing market a beacon of light, with opportunities for landlords to add value as investment market stabilises - Knight Frank
Recent cash rate pauses and increasing demand for high-quality CBD space is breathing renewed optimism into the Adelaide CBD office market, according to the latest research from Knight Frank.
Perth’s CBD office market a standout performer nationally - Knight Frank
The Perth office market is a standout performer in Australia, with positivity in the resources sector underpinning tenant demand and market activity, according to the latest research from Knight Frank.
Australian CBD office occupancy proves to be strong - CBRE
CBRE’s latest Australia CBD Office Occupancy Brief highlights that most CBD offices are in a strong leasing position with elevated CBD vacancy rates being driven by a small number of assets.