Tag Archives: vacancy rate
Industrial Property Back in Favour
Posted on 04. Jan, 2011 by Chris Lang.
During 2011, you should start to see private investors re-enter the market for industrial property, following a fall in vacancies during last year — down some 30% in Melbourne. A Knight Frank survey shows around 300,000 sq metres of space was absorbed ... bringing the overall vacancy rate down to under 3% for industrial property.
Continue Reading
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.
Continue Reading
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 [...]
Continue Reading
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.
Continue Reading
The Office Market is Looking Good
Posted on 27. Jan, 2010 by Chris Lang.
While several capital cities still have a reasonably high Office vacancies, there is a general shortage of space looming. Twelve months ago, it was all doom and gloom for the CBD Office markets in Perth and Brisbane — with falls expected in both rents and values. New projects were being finished, as the resources boom [...]
Continue Reading
Commercial Construction
Outlook Remains Soft
Posted on 07. Oct, 2009 by Chris Lang.
While Australia's overall business expenditure has remained fairly strong, our Commercial construction and infrastructure outlays are expected to decline by at least 10% this financial year. BCI Australia is forecasting project construction of some $63 billion 2009-10, which is about $7.7 billion down on that for 2008-09. In all but for Victoria and South Australia, [...]
Continue Reading
State of the Commercial Market?
Posted on 17. Aug, 2009 by Chris Lang.
As you would expect, the financial turmoil worldwide has had a significant effect on most property markets. However, the effect has not been the same across the board. The current state of the various CBD office markets is probably your best barometer of future activity for two reasons. First, the Property Council of Australia (PCA) [...]
Continue Reading
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.
Continue Reading
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.
Continue Reading
Complimentary Training
Some more Training Material
