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Commercial sentiment remains negative

DESPITE an improvement in the outlook of the commercial property market, the sentiment among property professionals remains negative in the Q1'13, according to the NAB Commercial Property Index. ... Full story

Brisbane industrial rents nudges ahead of Sydney

THREE Australian cities are ranked in global Top 10 list of the most expensive industrial property markets, with Brisbane edging ahead of Sydney and Perth, according to CBRE. ... Full story

Mixed recovery outlook for building and construction

THE building and construction industry will experience a mixed recovery across the three major sectors over the three year forecast period to 2015-16, according to the Master Builders Association. ... Full story

US CMBS delinquencies fall below 1bn dollars

US commercial mortgage backed securities delinquencies (CMBS) fell sharply in April to its lowest level since 2008, according to Fitch Ratings. ... Full story

Perth industrial rents going up

THE lack of industrial property supply in Perth will continue to drive rents higher, according to CBRE. ... Full story

Asia luxury house prices keep rising

HIGH end residential property prices have continued to increase across most of Asia, however the heavy-handed measures by the Hong Kong and Singaporean governments have had a negative impact on their respective markets, according to Jones Lang LaSalle. ... Full story

Melb CBD office tenants take advantage of market

OFFICE tenants are scouring Melbourne's CBD for space, looking to take advantage of lucrative offers and incentives being offered by landlords in the current soft market conditions, according to Savills. ... Full story

Brisbane joins expensive retail rents club

BRISBANE has joined Sydney and Melbourne in the global top 10 list for cities with the most expensive prime retail rents. However the super high rents are becoming a barrier of entry for new entrants, according to CBRE. ... Full story

Sydney lacking large office space

THE number of available prime full floors in Sydney's CBD has jumped to 270 floors - the highest since June 2010, however there is only a handful of contiguous space over 10,000 sqm, according to Savills Australia. ... Full story

Modest growth for Brisbane house prices

HOUSE prices growth in Brisbane is forecast to remain flat in 2013 before increasing modestly in 2014, according to SQM Research. ... Full story

Cash me if you can

THE weight of money chasing commercial real estate continued to increase in the first quarter of 2013, rising to $US105 billion - the highest figure recorded since the onset of the global financial crisis in 2008 , according to Jones Lang LaSalle. ... Full story

Retail rents dips as pressure continues

DESPITE a modest recovery in underlying consumer spending, retails rents on average across all formats declined by approximately 0.5% in the 12 months to March, according to Jones Lang LaSalle. ... Full story

Construction dips to seven-month low

THE national construction sector has hit a seven month low in April, falling 3.8 points to 35.2, as employment in the industry records its lowest ebb in seven and half years since the survey began. ... Full story

Building approvals wind back

RESIDENTIAL building approvals fell by 5.5% in March to 12,599 dwellings, wiping off the 3.0% gained in February, due to declines in the private sector apartment/townhouse and public sector detached housing sector. ... Full story

Sydney CBD prime office yields set to firm

YIELDS in Sydney CBD prime office are set to firm by approximately 100 basis points over the next three years, according to BIS Shrapnel. ... Full story

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