Commercial Property Market Trends

Australia’s hotel and tourism markets are the beneficiaries of a boost in overseas travellers making pitstops in our capital cities, according to new research.

Industrial vacancy at A-grade properties in Sydney’s outer west is at historic lows, with less than 1% of space in the region now available to lease.

Brisbane’s office leasing market is showing signs of improvement, with the city having experienced its biggest demand for office space since mid-last year.

Developers seeking construction-ready sites are driving another industrial boom in Melbourne, with more than $200 million worth of land sold in the south-east alone in the last year, according to new research.

Vicinity Centres has stepped up its asset sale program, appointing a slew of top agents to sell a $250 million subregional and neighbourhood centre portfolio. This article originally appeared on theaustralian.com.au/property.

Perth’s office market will continue to be pounded by the mining downturn, with rents in the city’s skyscrapers to fall a further 23% and stay depressed for 10 years, research says. This article originally appeared on theaustralian.com.au/property.

Hawthorn’s Glenferrie Rd has topped a list of Melbourne’s 10 most tightly-held shopping strips, with just 2.1% vacancy. How did you local strip fare?

Vacancy in Melbourne’s St Kilda Rd office market is set to fall to a 15-year low as stock withdrawal and residential development begin to bite.

Sydney publican Peter Calligeros has added another venue to his growing stable of bars and pubs, buying The Trinity Bar in Surry Hills.