Commercial
News and analysis from the commercial property sector – office, retail, industrial, and investment markets.
Shani Costi appointed general manager at Costi Cohen
Commercial property buyers agency Costi Cohen has appointed Shani Costi as general manager, as it looks to significantly grow the brand over the next 12 months.
Residential yields outperform commercial assets
Rising interest rates have seen yields increase across different asset classes, however, residential property has been steadily outpacing…
Data centres might be the next big alternative asset class
Data centres have quickly become an in-demand asset class, driven by a rising population and tight supply.
Offices changing to meet worker demand: HTW
The nature of the office market is changing to accommodate the evolving needs of workforces according to the…
Commercial property capital growth slides
Capital growth is in negative territory for nearly all commercial asset types and locations across the country according…
Beds and sheds are the new prime assets
Industrial property continues to be the in-demand asset class for institutional investors, however, residential is quickly picking up…
International visitors swarm Australia in a boost for hotel sector
Tourism numbers continue to bounce back from the lows of 2021, supporting a renewed interest in the hotel…
Generative AI to propel global data centre market growth
The rise of generative AI is set to transform the data centre market, making it one of the…
2024 ‘better than predicted’ for commercial property
After a tough few years for commercial property investors, weighed down by rising interest rates, 2024 has started…
Japanese investors targeting Australian commercial property
Japanese investors have been Japanese investors have actively sought out Australian commercial real estate, while Japan itself has…
Australian farm values to reap solid price growth
Australian farmland values have been seeing strong growth in recent years led by high prices and good rainfall,…
Service station sales slow as EVs use expands
With the use of electric vehicles (EVs) on the rise, there are concerns about the future of service…
Coastal office markets continue to see steady demand
Coastal office locations are continuing to see steady demand as growing population numbers in regional areas help boost…
Luxury retail returns to the Sydney CBD
Despite challenging conditions, luxury retailers are increasing their presence in the Sydney CBD and pushing vacancy rates down.
Adman John Singleton lists The Bonython for $28 million
Famous Australian Adman, John ‘Singo’ Singleton is putting his Paddington office complex, up for sale with a price…
Commercial auction events to see 40 properties go under the hammer
Two major commercial auction events are set to see 40 commercial properties go under the hammer across the…
Retail asset transactions gain best market share in 20 years
For the first time in nearly 20 years, retail assets have made up the largest portion of commercial…
Hotel room rates surge as Taylor Swift fever takes hold
Tourism assets are seeing a resurgence with a string of big-name artists including Taylor Swift and high-profile sporting…
Central Pier tenants settle $42 million legal dispute
A group of tenants that operated businesses at Mebourne’s Central Pier has settled a legal dispute with the…
‘Bleak’ outlook for office assets as workers stay home
Workers are not returning to the office leading to sustained upward pressure on vacancy rates and a negative…
More retail assets likely to come to market as transactions rise
The retail sector has started the new year with a flurry of activity and there could be more…
Commercial transaction volumes could bounce back in 2024
Commercial transaction volumes are set to rebound as opportunistic buyers look to capitalise on lower prices and a…
Survive to ‘25: Predictions for the commercial property market
After a challenging 2023 that saw interest rate increases hampering investment activity and affecting values, the outlook for…
‘Beds and sheds’ to see strong demand in 2024
Property assets in “beds and sheds” sectors which include tourism, boarding houses, blocks of units and industrial assets…
Bringing pets to work could help bring office sector back to life
With workplaces around the country struggling to get people back to work, allowing pets could help bring offices…
Tourism and industrial sectors the big winners this year
The tourism and industrial sectors have been the shining lights in whats been a rough year for commercial…
Knight Frank: 2024 will be better for commercial property
After a tumultuous 12 months, 2024 is shaping up as a better year for commercial property, with Knight…
Office market declines approaching GFC level
The decline in office assets is approaching GFC levels, with the outlook for 2024 looking “rough” according to…
Alternative assets grow in popularity despite commercial slowdown
Higher interest rates and geopolitical uncertainty are slowing down commercial property transactions, however, alternative assets are continuing to…
RWC Medical uniquely links healthcare real estate and recruitment
Franz Stapelberg is looking to revolutionise the healthcare real estate sector, setting up an end-to-end service with the…
Gold Coast office market to run out of stock in three years
A lack of new office developments on the Gold Coast is likely to see the availability of office…
Foreign investors offload Australian commercial property
Foreign investors have reduced their exposure to Australian commercial property, as higher interest rates and soft returns for…
Investing in tourism assets is back as confidence returns
After some lean years during Covid, investment in hotel assets is once again surging, highlighting the improved confidence…
Rise in new businesses to drive demand for commercial property
The number of new businesses getting started is increasing and it will likely lead to rising demand for…
Industrial assets remain the strongest commercial property class
Commercial assets have been the battling rising interest rates in 2023, however, industrial assets have managed to see…