RESEARCH
Office vacancy rates continue falling
THE office market recovery is going from strength to strength, the CBD vacancy rates falling from 7.9% to 7.7% in the Q1 ...
2011 the year for distress property sales
AUSTRALIA’S economic growth has given lenders the confidence to offload distressed property assets, according to Colliers International. ...
Construction falls for 10 months in a row
THE construction industry continued to contract in March, for the 10th consecutive month, according to the latest Australian Industry Group Australian Performance of Construction Index. ... Full story
Housing approvals lowest in 10-years
RESIDENTIAL building approvals bucked market expectations, falling 7.4% in February, according to the Australian Bureau of Statistics. ... Full story
Foreign investors...they’re back!
FOREIGN investors have increased their spending on Australian commercial real estate, to more than $500 million in the first quarter of 2011, according to DTZ. ... Full story
US commercial property prices dip
US commercial real estate prices fell 1.2% in January for the second month in a row, according to the Moody's/REAL National -- All Property Price Index. ... Full story
US commercial property cap rates declining
COMMERCIAL real estate capitalisation rates across 27 out of 31 markets in the US have declined as signs of recovery become more apparent, according to the PricewaterhouseCoopers. ... Full story
Melbourne industrial sales bounce back
INDUSTRIAL property transactions in Melbourne have bounced back in 2010, as funds and developers returned to the market, according to Savills research. ... Full story
Dwelling starts continue falling
DWELLING unit approvals have fallen by 5.3% in the December quarter, following a 13% decline in the September quarter, according to the Australian Bureau of Statistics. ... Full story
Melbourne suburban retail strips strengthens
VACANY rates along Chapel St South Yarra have fallen 1.2% to 1.93% and in Acland St, St Kilda the no vacancy sign has been put up, according to CB Richard Ellis. ... Full story
NZ building consents falls
THE value of residential building consents issued in New Zealand fell 19% in January compared to same month last year, according to Statistics NZ. ... Full story
Sydney suburban office near the bottom
THE Sydney suburban office market will present investors with opportunities in 2011, according to Knight Frank. ... Full story
Construction work gains some ground
THE construction industry has regained some ground in February but remains in the red, according to the Australian Industry Group Australian Performance of Construction Index. ... Full story
Apartments sprouting up outside Sydney CBD
MORE medium and high density apartment developments are being built in the middle and outer ring of Sydney, BIS Shrapnel. ... Full story
Worst building approvals in 8 years
THE recent floods have impacted on building activity, approvals have fallen 15.9% in January, the largest monthly decline since November 2002, according to the Australian Bureau of Statistics. ... Full story
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