JLL’s latest Retail Investment Report shows a changing ownership profile for retail assets in Australia
New players, executing different investment strategies in Australia’s retail investment market will lead to continuing elevated transaction volumes. Surpassing the 2021 record of $13.4 billion of retail transactions will be unlikely in 2022. That’s the outlook view from JLL in its ‘Retail...
Your office needs to be seen worth the commute..Five trends shaping our future workspaces CBRE
Flexibility and choice. They’ve become two of the non-negotiables for a growing number of employees as they return to the office says Trevor Boddy, CBRE Senior Director - Office Leasing. CBRE’s recent Future of Office survey, 83% of respondents said they believed workplaces fostered...
South Australian retail trade hits the highest annual rate of growth since 2008 says JLL
Adelaide’s Rundle Mall experiences an uptick in positive leasing activity According to JLL Retail Leasing Executive South Australia Chantelle Ardalich. JLL Director of Research South Australia Rick Warner said, “This ongoing positive retailer demand for Rundle Mall facing tenancies has resulted...
The number of Australians working from the office has bounced back to pre-Omicron levels says PCA survey
Melbourne and Canberra recording their highest office occupancy levels since June 2021 says the latest Office Occupancy survey by the Property Council of Australia. Property Council Chief Executive Ken Morrison said the results were a pleasing starting point to kick off the year.
Impact of WFH on office tenant demand expected to ‘wash through’ by 2026
New modelling from Cushman & Wakefield suggests that widespread working from home could result in a net decline of 5% to 15% in Australian office tenant demand over the next three to five years.
CBRE forecasts $68 billion could be channelled into the commercial real estate sector by Australian superannuation funds
2022 shaping up to be another strong year for the property sector despite pandemic bumps. Immigration, capital flows, residential prices, and commercial rent growth to be key market drivers.
Mammoth year for office middle markets as $4.78 billion sold nationally
There were 137 assets sold across Australia in 2021, as the market bounced back despite continued lockdowns. Colliers Head of Investment Services Australia Matthew Meynell said “We are particularly seeing assets within the $20 million-$40 million range being the most competitive and sought after...
WA on world stage as investors seek secure strong destination for capital says Colliers
Agents behind some of the biggest deals of 2021 see no signs of slowing demand in Perth as a go-to destination for commercial investment among the region’s biggest players. John Marasco, Managing Director of Capital Markets & Investment Services Colliers, said in a time of global economic...
Third Quarter dealmaking jumps as investors turn to office, retail properties; Year-to-date deal activity sweeps past 2020 total
Deal volume for the first three quarters of 2021 reaches $43 billion, already eclipsing full year 2020 level. Benjamin Martin-Henry, RCA’s Head of Analytics, Pacific, said: “After a slow start to the year, the office sector is now flourishing.”