Economic News

With its reputation as “the shaky isles” seemingly a distant memory, New Zealand’s commercial property is emerging as a bright spot in the global market. According to a report released by JLL, there were transactions …

Is your money burning a hole in your pocket while you wonder if now is a good time to jump off the sidelines and grab a slice of commercial property? The Reserve Bank Board’s (RBA) …

Investors spent A$492 billion on commercial property around the world in 2013 and it’s tipped to rise 11% this year. The United States, London and Australia are key destinations for commercial property investors looking for …

Interest rates remain on hold, with the Reserve Bank of Australia opting to leave the official cash rate at 2.5%. Rates have been at this record low level since August last year and RBA Governor Glenn …

The sun is shining on Queensland’s holiday market, with a hot summer marking a shift from recent gloomy seasons. JLL figures shows the Sunshine State accommodation market picked up in the past peak season after …

It’s one of our fastest growing industries, controlling billions of dollars’ worth of real estate, yet few portfolio managers or private investors pay Australian universities a lot of attention.

  Australian hotels are emerging as more than just a place to lay your head. Investors spent about $4 billion on hotels in the past two years – well up on the five-year average of …

There are signs demand in some CBD office leasing markets will increase in 2014 despite rising vacancies last year. Australian Property Council research shows the nation’s office market vacancy rate rose in the past six …

The RBA left interest rates on hold, with the official rate at 2.5%. Commercial property experts say this brings some good news for the industry – particularly those in the tourism-related sector.