RESEARCH
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
RBA worried about Melbourne residential property prices
THE Reserve Bank of Australia has gone out of its way to pointedly single out the Melbourne property market, warning of further weakness and adding that some banks have signalled they are on alert to any signs of deterioration in asset performance. ... Full story
Suburban Perth office resilient
THE Perth suburban office markets has remained resilient despite the new supply additions of 31,000 sqm, whilst the CBD and West Perth markets are wavering, according to independent data from Y Research. ... Full story
New normal for commercial property
THE Australian commercial property investment community will need to get used to the 'new normal' shaping the real estate landscape following the global financial crisis. ... Full story
Melb CBD retail nudges closer to 600k
THE volume of retail space in the Melbourne CBD is set to break the 600,000 barrier, underpinned by the population and jobs growth in the city and the plethora of new apartment projects, according to Savills. ... Full story
Sydney hotels best month on record
SYDNEY hotels have achieved the highest revenue per available room (RevPAR) on record at $222, according to Jones Lang LaSalle Hotels & Hospitality Group’s review of the latest February STR Global data. ... Full story
Asia Pacific hotel returns lower
THE total annualised return of Asia Pacific hotel has continued to decline due to the subdued Japanese market and a softening in Australia, according to IPD. ... Full story
North Sydney drops to third place
THE third largest suburban office market in Australia North Ryde is poised to overtake North Sydney as the second largest in the next two years, according to Savills Australia. ... Full story
Full floor office availability increases
NEW office developments and government staff cuts in Melbourne CBD has seen the number of prime full floors currently available for lease increase to 76, according to Savills. ... Full story
Sydney is cheap to operate a business
SYDNEY is considered a "good value" city in which to have a business despite recording the highest five year growth in accommodation costs of 14%, according to a World Cities Review by Savills. ... Full story
Foreign investors remain demand unabated
FOREIGN investors interest in Australia is stronger than pre GFC levels despite the relatively high cost of finance and perceived currency risk, according to CBRE. ... Full story
Housing finance improves slightly
DEMAND for housing finance increased in January by 2.4% boosted by the cyclically low interest rates, according to the Australian Bureau of Statistics. ... Full story
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