The Property Council of Australia’s latest bi-annual office market report reveals ongoing challenges in the sector, with vacancy rates continuing to rise across most markets. However, prime locations continue to outperform secondary markets. An analysis of changes in occupied stock highlights clear leaders among office markets in this post-pandemic era. … Read more
Retail properties have seen a revival this year, with transaction volumes rising as confidence grows, particularly among private investors. Nationwide population growth and limited new development have reduced the average GLAR (gross lettable area retail) per person, renewing interest in this asset class. Notably, properties offering convenience, supermarket and food … Read more
Recent activity on the economic news front has been eventful to say the least. With inflation remaining persistent, the RBA leaving interest rates on hold, and the stock market at its most volatile since the onset of COVID-19, investors are left pondering their next move. At the coal-face, high-street retailers … Read more
The commercial property market began 2024 with optimism. An increase in available listings led to improved sales activity, suggesting a newfound alignment between sellers and buyers. Although investment yields rose across all asset classes, causing sellers to experience losses compared to previous high valuations, market activity continued steadily. This … Read more
In the world of commercial property investment, the structure of a lease is not just a formality—it’s a critical component that can significantly impact the management and value of the asset. When leases aren’t structured correctly, they can create ambiguity and conflict, leading to unfavourable outcomes for both landlords and … Read more
In the world of commercial property investment, the allure of self-managing assets can be tempting for landlords seeking to maintain control and potentially save on management fees. However, the reality is that self-management often leads to significant challenges and pitfalls that can ultimately undermine the value and performance of the … Read more
Over the past two decades, the number of data centres around the world has been steadily increasing, with Australia now ranking as the seventh most populous country for these facilities. The nation has witnessed significant investments, totaling more than $13.6 billion, directed towards the construction of new data centres. In … Read more
Capital growth is in negative territory for nearly all asset types and locations across the country as the revaluation of assets puts the spotlight on cost of financing, returns and the rapid escalation of prices over the last few years. Risk premiums have re-emerged for most properties as bond rates … Read more
Parking in Australia’s CBDs has seen significant changes over the past ten years. Reduced parking allowances for new office and residential development, together with increased levies on spaces in some markets, has put pressure on occupancy, which caused parking rates to increase. Therefore, demand to invest in parking structures was … Read more
Sales, leasing, and property management functions should not operate in isolation; instead, they should work in harmony to deliver exceptional service and value to clients. Yet, all too often, these departments function as silos, leading to communication breakdowns, inefficiencies, and diminished client satisfaction. When departments within a commercial real estate … Read more