Tag Archives: melbourne office
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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Commercial Property Fundamentals
Continue to Improve for Investors
Posted on 11. Aug, 2011 by Chris Lang.
The mid-year report from the Property Council of Australia (PCA) has confirmed a tightening of all capital city Office markets — except for Sydney and their Gold Coast.
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"It's Now Official: Offices are the Go!"
Posted on 16. Feb, 2011 by Chris Lang.
A recent survey, the Property Council of Australia (PCA) now makes things official: Office vacancy levels have fallen to 9.5% overall — down from 10% in mid-last year. And this has been driven by strong growth in the mining and financial sectors.
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Where to Invest ... Right Now!
Posted on 29. Sep, 2010 by Chris Lang.
Last week, you are given a quick overview of the CBD Office scene around Australia. But one of the tightest spots at the moment is the south-eastern Office market in Melbourne. A recent study by Jones Lang LaSalle revealed there is only 12,200 m2 of space currently under construction — mainly as a result of [...]
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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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A Strong Finish to 2009
Posted on 05. Jan, 2010 by Chris Lang.
By early December 2009, sales of Commercial property in Melbourne's CBD had almost reached $1 billion — according to a report prepared by Jones Lang LaSalle. Apparently, Melbourne office sales (for buildings over $10 million) totalled around $998 million — while in Sydney, it had reached $444 million. Sales may well have topped the $1 [...]
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