Research

Rents for prime office space in Sydney are increasing faster than anywhere else in the world, with Melbourne in second place, amid stock withdrawals and limited new supply, JLL research finds. 

Property giant Mirvac has offered a bullish outlook for new office projects in Melbourne based on its strong population growth and relatively affordable housing.

Sydney’s Pitt St Mall remains one of the world’s most expensive retail strips on which to lease a shop.

The term “new paradigm” makes me nervous.

Retail landlords may need to ramp up spending on their malls to ensure they can keep anchor tenants that are considering closing stores amid a struggling retail environment, according to Macquarie analysts.

The declines in department store and discount department store sales could accelerate and hit major listed landlords Scentre Group and Vicinity Centres hard if this country follows the path of the United States, according to Macquarie Equities.

Booming interest in development sites has seen the Gold Coast record a $134 million jump in commercial property sales so far this year. To the end of September, 300 sales totalling more than $693 million …

The disparity in residential property prices between Sydney and Melbourne is also manifesting in the industrial rental market, where the price gap has widened dramatically over the last five years, according to new figures. CBRE …

The rental market for office space across Darwin remains moribund and it is difficult to see how this will change in the short or medium term.