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China grabs lion share of retail developments

BUILDING a 30-storey hotel in China takes only 15 days and a 15-storey building, just two days, so it comes as no surprise that China now accounts for more than half of all retail shopping centre under construction (16.8 million sqm) globally, as the country moves from one construction boom to the next. ... Full story

Industrial vacancy soars higher

AN increase in speculative industrial property stock along Australia's eastern seaboard has driven up vacancy to 1.59 million sqm -- 28% higher than a year ago of 1.42 million sqm, according to Knight Frank. ... Full story

US commercial property cap rates falling

THE average capitalisation rates across the US commercial property market has declined and investors believe 2013 will be a busy year for transactions due to pent-up capital and low interest rates, according to PricewaterhouseCoopers. ... Full story

Housing starts dip in December

TOTAL dwelling commencements fell by 2.3% in the December quarter to 38,767, according to the Australian Bureau of Statistics. ... Full story

Offshore buyers dip toes into industrial market

AUSTRALIAN office and retail properties have been on the radar of foreign investors for a number of years, and now they are turning to the industrial property market. ... Full story

Lack of incentives deter first home buyers

DEMAND for home loans has continued to strengthen. However the housing market recovery remains patchy as first home buyers activity fell in February, according to the Australian Bureau of Statistics. ... Full story

High house prices limiting credit growth

HOUSING credit growth will remain subdued because high house prices continue to constrain demand, according to the JPMorgan Australian Mortgage Industry Report. ... Full story

Retail centre yields returning to average

NATIONAL retail yields for most shopping centres categories are returning to the 10-year average, five years on from the global financial crisis, according to Jones Lang LaSalle. ... Full story

Asia Pacific deals soar

REAL estate transaction volumes in Asia Pacific jumped 35% in the Q4 $US144.4 billion, according to a quarterly report produced by the Asia Pacific Real Estate Association. ... Full story

Metro offices the new black

SYNDICATES, private investors and offshore buyers are expected to inundate Australia's metropolitan office markets lured by the strong fundamentals such as tightening vacancy rates, low levels of new supply and steady rental growth, according to Colliers International. ... Full story

Melb city fringe rents picking up

A TWO tier market has emerged in Melbourne's metropolitan office markets with rents increasing in the city fringe and the inner east whilst St Kilda Rd will likely face further downward pressure, according to Colliers International. ... Full story

Boutique tenants flock to East Melb

DEMAND is exceed the availability of office space in East Melbourne, pushing vacancy rates down to just 3% the lowest of any CBD and non CBD market in Australia, according to Savills Australia. ... Full story

Construction sector retreats

THE construction sector has slipped back in March after making solid gains in February, down 6.6 points to 39, according to the latest Ai Group/HIA Australian Performance of Construction Index. ... Full story

Sellers confidence strengthening

HOME sellers Sydney, Darwin, Perth and Hobart are confident enough to lift their asking prices, according to SQM Research. ... Full story

Commercial sales up 15pc on last year

COMMERCIAL sales activity have jumped up by 15% in Q1 2013 to $3.5 billion compared to corresponding quarter in 2012, according to CBRE. ... Full story

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