Commercial Property: What Makes for a Balanced Office Market?

Posted on 19. Jan, 2012 by Chris Lang.

EVERY capital city has both a CBD and suburban Office market. And as you can appreciate, keeping tabs on all the various suburban markets is almost an impossible task for most investors. As a rule of thumb, Office markets are said to the "in balance", when their Vacancy Rate lies between 5% and 7%.

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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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"Where You Live Should NOT
Dictate Where You Actually Invest!"

Posted on 12. Jul, 2011 by Chris Lang.

For the past four or five years, Victoria has led the nation in economic growth; and it is one of the few enjoying a net growth in migration from other states.

Furthermore, the latest ABS figures now confirm Victoria's continued growth and job creation — leading all-comers over the past 12 months.

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Office Leasing the Stand-out Performer

Posted on 15. Dec, 2010 by Chris Lang.

Office leasing activity picked up in most capital cities around Australia, over the past year. In some instances, quite significantly. And with the supply side basically "on hold", you should soon start to see this translate into some solid rental increases.

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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 Offices on the Move

Posted on 17. Mar, 2010 by Chris Lang.

Westpac has just released an Australia-wide outlook for Commercial property. And it predicts you will start to see growth in rents and values during 2010-11. As employment numbers grow with the improved economy, demand for Office space will also take off again.

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Which Australian Office Markets are in Trouble?

Posted on 10. Feb, 2009 by Chris Lang.

Queensland seems to have been hardest hit. And in particular the Gold Coast, where vacancy levels have soared to around 18%. But the difficulties confronting Queensland (and fellow mining State WA) are not necessarily reflected Australia-wide.

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