Sydney's Pitt Street Mall ranks 8th World’s most expensive retail - Cushman & Wakefield
Milan’s Via Montenapoleone, has overtaken New York’s Upper 5th Avenue to be crowned the world’s most expensive retail destination, according to Cushman & Wakefield.
Time to buy commercial property before the recovery begins - Knight Frank
Now is the time to buy commercial property, with the market poised for a multi speed recovery to commence in mid-2025, according to Knight Frank’s outlook report says Knight Frank Chief Economist and report author Ben Burston.
National CBD office sublease availabilities hit lowest levels since 2021 - CBRE
The national CBD office sublease volumes decreased to 200,304 sqm in Q3 2024 - the lowest level since early 2021 and nearing pre-pandemic levels says CBRE’s Associate Director of NSW Research Thomas Biglands.
Knight Frank unveils its top 7 predictions for the commercial property market in 2025
Knight Frank has released its flagship outlook report Australian Horizon 2025, featuring its 7 top predictions for the commercial property market in 2025.
Global alliance unveils new report to unlock billions for decarbonizing buildings
A global alliance of green building organizations launched a groundbreaking sustainable finance call to action aimed at bringing the vast majority of buildings up to modern sustainability standards.
Asia Pacific office demand surges 10.7% as occupiers chase ’flight to quality’ - Colliers
The Asia Pacific office market is predicted to grow in 2025 with new Colliers’ data showing demand across top markets surging, says Mike Davis, Colliers’ Managing Director of Occupier Services APAC.
Tenants praise Cromwell's approach as FY24 ESG results released
Real estate investor and fund manager Cromwell Property Group (ASX:CMW) (Cromwell) has made significant progress towards its long-term ESG targets in FY24, including sizeable reductions in Australian scope 1, 2, and 3 emissions.
NABERS Energy rating in Australia commercial properties could decrease – Knight Frank
Nearly 70% of NABERS-rated office buildings may see their energy rating fall over the coming year as the ratings system adjusts its ratings algorithms said Knight Frank Director ESG David Bullock and Knight Frank Head of ESG Jenine Cranston.
Sydney CBD premium grade office availability declining as tenants flock to core - Savills
Sydney CBD’s commercial leasing market continues its recovery, with rising tenant demand for high-quality fitted out offices in core locations amid reduced availability of Premium space, says Chris Naughtin, National Director Capital Markets Research at Savills Australia and New Zealand and Tom...
CRE investment volumes record first two quarters of consecutive growth since 2020 - Cushman & Wakefield
Australian commercial real estate (CRE) investment grew further in Q3 2024, with $11.5 billion in transactions, up from $9.5 billion in Q2, says Cushman & Wakefield’s National Head of Research, Dr Dominic Brown.
