COMMERCIAL
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Investor interest in unit blocks on the rise
Despite some weakness in property markets, unit blocks continue to see a strong level of competition from investors on the hunt for assets that can market conditions. …
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National office markets bounce back faster than expected: HTW
The national office market is continuing to bounce back from the pandemic faster than anticipated according to the latest Herron Todd White (HTW) Month in Review. …
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Suburban centres and satellite office locations on the rise
Workers who have become comfortable working from home are leading businesses to adopt more flexible working arrangements on a permanent basis according to experts. …
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Foreign buyers behind half of 2022 commercial property investment
More than half of all commercial property sales in 2022 have been to overseas buyers according to new data from Ray White Commercial. …
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Demand for industrial space sees vacancy rate hit 10-year low
Industrial and logistics properties across the east coast of Australia are seeing record demand with vacancy rates now at a decade low. …
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Is TikTok moving into Circular Quay?
Popular video-sharing social media network, TikTok is in talks to take up a large portion of Sydney’s soon-to-be tallest office tower in Circular Quay. …
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Set and forget commercial assets in high demand
The appeal of "set and forget" commercial assets remains incredibly high with a leading expert suggesting investors should consider specific assets such as data centres, childcare centres and fast food retailers in the current market. …
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Darren Krakowiak: The four things that matter if you want to do more deals
There are just four things that matter if you want to win more work in commercial real estate. …
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‘Uncertainty’ remains in national office markets: HTW
Despite Covid restrictions slowly easing around the country, it will take some time before businesses and employees return to the CBD amid ongoing “uncertainty” according to the latest Herron Todd White Month in Review. …
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Office occupancy rates start to bounce back post-Omicron peak
After nearly two years of working from home, Australians are finally starting to head back to the office. …
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Demand for WA industrial assets set to continue
The WA industrial and logistics sector was the strongest performer in 2021 across all commercial asset classes, with demand set to increase in 2022. …
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Demand for CBD office space defies pandemic predictions
Demand for CBD office space is continuing to defy expert predictions of a pandemic-induced office market collapse, according to the Property Council of Australia. …
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What makes an ideal commercial property for an investor?
The commercial property sector in Australia has shown signs of getting hot after more than a year beset by the COVID pandemic. …
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Optimism abounds, as new research reveals the state of Sydney’s CBD
The number of Sydneysiders working in the office tripled last month, according to the latest Office Occupancy survey by The Property Council of Australia. Property Council NSW Executive Director Luke Achterstraat said the survey revealed positive signs for Sydney’s CBD, with the office occupancy levels increasing from eight per cent to 23 per cent in November. “With lockdown restrictions lifting, and a festive summer season ahead, …
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Childcare centres the latest hot property for investors
Demand for childcare centres is swiftly increasing with investors attracted to high leasing rates, long-term tenancy options and reassurance that the industry is an essential service. Colliers Associate Director, Melbourne Metro Sales, Ben Baines said childcare assets were one of the most highly sought in 2021. “Nationally this year, in excess of $200 million worth of childcare assets have transacted, with an average yield of 5 per cent, …
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Colliers seals multimillion dollar Queensland deals
Colliers has negotiated two multimillion dollar commercial deals in Queensland, including a record-breaking $22 million industrial sale, and the acquisition of a rare residential in-fill site. …
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‘Lifestyle industrial’ the latest trend in Australian real estate market
The days of industrial precincts being an ‘avoid at all costs’ area for residential property are over with “lifestyle industrial” flagged as the standout new trend in Australia’s real estate market. …
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Darwin commercial property sets a new record
A Darwin transit centre, located in the centre of major shopping and entertainment block has set a record price at sale, highlighting the strength of the local mark. …
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CBD office markets emerge from lockdown strongly
CBD office markets have seen the most tenants taking up office space in nearly three years. …
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Commercial real estate market in low-earth orbit taking off
Voyager Space Holdings Inc.’s Nanoracks is planning to launch its own space station, known as Starlab, in what marks a turning point in commercial real estate. …
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Outlook for commercial property remains positive despite lockdowns
The outlook for commercial property looks strong as tenants return to offices around the country and ecommerce drives record sales. …
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Industrial and logistics real estate market tipped to skyrocket
Australia looks likely to be the major beneficiary of booming investment in the logistics and industrial real estate market, according to a new report by JLL.. …
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Knight Frank NSW appoints new Head of Assessment Management Services
Knight Frank has announced the appointment of their new Head of Assessment Management Services (AMS) in NSW, Jeremy Prestoe. …
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Making an impact in Canberra: Guy Randell
Guy Randell he got his start in the industry and why his first-hand experience sets him apart in the competitive Canberra market. …
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REA Group expands LivePreso partnership to include commercial and developer sales
REA Group has partnered with automated digital content platform LivePreso to include commercial and developer team opportunities …
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Strong interest for commercial investment properties in NSW despite lockdowns
Strong demand for investment properties in New South Wales has been maintained despite lockdowns, according to Knight Frank. …
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Cheaper for small businesses to buy commercial property than lease
Raine & Horne Commercial have released their second quarter 2021 edition of Commercial insights, supplying the industry with an insight into the health of the commercial property market in Australia. …
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EVENT sells $79.6 million of commercial property, cinemas reeling from lockdowns
EVENT Hospitality and Entertainment, best known for the Event Cinemas franchise, has sold $79.6 million worth of non-core property assets. …
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Western Australia’s commercial property market is thriving
The commercial property market in Western Australia has risen from the ashes in the last financial year, according to Ray White. Ray White Commercial research has found Western Australia (WA) has greater certainty across all sectors, with tenants again occupying premises, business up and running, and low interest rates. Ray White head of research Vanessa Rader, in conjunction with Ray White Commercial WA directors Stephen Harrison and Chris Matthews, …
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Strong quartet to lead Raine & Horne Commercial on Central Coast
Raine & Horne Commercial, has enlisted four local real estate specialists agreeing to head up its brand on the NSW Central Coast. The local quartet of Geoff Tilden, Brad Rogers, Sue Tilden and Naomi Rogers will lead Raine & Horne Commercial’s Central Coast operations. Mr Tilden, who started his real estate career in commercial and industrial property sales in Sydney in the 1980s, is a director of Raine & …
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Office occupancy rates up as workers return to CBDs
New data released by the Property Council of Australia has revealed CBD office workers have returned to their workplaces in strong numbers in 2021. …
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The hits and misses for commercial property in 2021
COVID-19 changed the way we do commercial property, potentially forever says to Steve Palise, commercial property expert and author. …
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Ryan Seacrest lists resort-style house for $115.5m
Ryan Seacrest is joining the long list of wealthy Hollywood stars moving away from Los Angeles, as he puts his resort-style Beverly Hills house on the market for a hefty AUD$115.5 million. …
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Reese Witherspoon sells her Malibu ranch for US$6.7m
Reese Witherspoon has offloaded her second Los Angeles property in the past six months, after recently selling their Malibu ranch in an off-market $6.7m deal. …
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Payments have resumed for most deferred home loans
“This is an encouraging sign that most Australians are through the worst”, said Australian Banking Association CEO, Anna Bligh. …
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