Commercial Property Market Trends

Commercial property market trends, insights and commercial real estate market data.

Bumpy road ahead for Beaurepaires commercial sites as tyre company deflates
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Bumpy road ahead for Beaurepaires commercial sites as tyre company deflates
It’s a name synonymous with tyres down under but now the future looks deflated for Beaurepaires after more than a century in business. With its imminent closure expected, as many as 100 retail outlets could …
Office vacancy rates soar, but not all towers hit equally
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Office vacancy rates soar, but not all towers hit equally
The scars of the pandemic continue to deepen among commercial office assets, with vacancy rates rising to the highest levels since the mid-1990s. But for investors prepared to withstand extended periods of vacancy, it could …
Sydney unit blocks go up for sale in ‘year of beds and sheds’
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Sydney unit blocks go up for sale in ‘year of beds and sheds’
More $20m worth of unit blocks have already hit the market in a 2024 expected to be ‘the year of beds and sheds’.
The working-from-home debate: Measures companies are taking to entice staff back to the office
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The working-from-home debate: Measures companies are taking to entice staff back to the office
In an effort to curb the ‘work from home’ trend that is now embedded in professional life, businesses are taking various approaches to getting staff back into the office.  Hard-line measures range from mandating minimum …
Commercial property update: Industrial and tourism assets shine in 2023
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Commercial property update: Industrial and tourism assets shine in 2023
In a challenging year for commercial property, tourism and industrial assets have outperformed with strong demand underpinning positive capital returns in a year where every other asset class went backwards. Despite higher interest rates driving …
Bondi Beach block sells $1m+ over reserve to long-term investor
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Bondi Beach block sells $1m+ over reserve to long-term investor
A Bondi Beach apartment block in the same family for 90 years has sold for more than $1m above the reserve price in a thrilling auction.
2024 an opportune time to buy commercial property, new report predicts
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2024 an opportune time to buy commercial property, new report predicts
A significant reset of commercial property values could see 2024 as an opportune time to secure new assets, a new report as found, setting up investors for ‘above average returns’ over the following five years. …
Norwegian drone technology floods into Melbourne, sustainably washing the city’s buildings
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Norwegian drone technology floods into Melbourne, sustainably washing the city’s buildings
Drones are now making their way into more of Melbourne, with them now washing some of Melbourne’s buildings, including the MCG and Marvel Stadium, in an Australian first.
Australia’s beloved department stores that no longer exist
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Australia’s beloved department stores that no longer exist
Majestic department stores were once the heartbeats of Australian capitals. But hardly any remain. Where did they go? And for those remaining, are their days numbered? Those coming and going from the Downing Centre courthouse …
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