Tag Archives: melbourne cbd
Lack of Construction Underpins
Demand for Office Space
Posted on 08. Nov, 2011 by Chris Lang.
With falling vacancies, positive net absorption and few new projects in the pipeline ... this means a looming shortage of Office space around Australia — with rentals poised to rise sharply.
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Melbourne Leads the Office Market
Posted on 02. Dec, 2010 by Chris Lang.
Savills International has just released a report on the current level of Office supply within the Melbourne CBD. Strong demand has seen the number of floors of Prime space within the CBD fall from 60 at the end of January this year, down to 42 at present — a decline of some 30%. The amount [...]
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Can You Afford to Miss Out?
Posted on 23. Aug, 2010 by Chris Lang.
The other day, we took a look at Commercial property cycles, and where the various Australian CBD office markets might sit. Currently, Melbourne seems to be "leading the pack". But you might be interested to explore exactly why that is. Some recent research by Jones Lang LaSalle indicates that Melbourne's Office vacancy is likely to [...]
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CBD Office Shortage Looming for Melbourne
Posted on 18. Jun, 2009 by Chris Lang.
And Rentals are Set to Rise ... The recent boom period saw prime Office rentals in Brisbane, Sydney and Perth hit the $1,000 per sq metre mark. However, they have fallen dramatically from that peak, since mid-2008 Meanwhile, Melbourne has remained steady at around $750 per sq metre — mainly because most of its new [...]
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Melbourne Offices: Alive and Well
Posted on 22. Oct, 2008 by Chris Lang.
Even though things may be slowing in Queensland and over in the West ... the Melbourne CBD Office market seems to be travelling quite well.
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