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Canberra office demand remains unabated

DESPITE the office vacancy rate in Canberra increasing to 11.9% from 9.8%, demand for space remains strong, according to the Property Council Office Market Report. ... Full story

Pessimism grows in Adelaide

THE Adelaide CBD office market vacancy rate has soared from 7.7% to 9.5%, the highest level since July 2004. ... Full story

Apple Isle office market goes pear shaped

THE Hobart CBD office market is facing the worst office vacancy rate since 2003, signalling a down turn of white collar employment across the CBD. ... Full story

Markets outside Sydney improving

THE office markets outside Sydney CBD and in the regional markets of Wollongong and Newcastle have delivered solid performances. ... Full story

UK housing stock tips over 5 trillion pounds

THE total value of the United Kingdom’s housing stock has exceeded £5 trillion (approx $A7.58 billion) for the first time since the financial crisis, with the wealth concentrated in London and the South East, according to Savills' annual Valuing Britain analysis. ... Full story

Building approvals dip in December

BUILDING approvals have decreased by 4.4% in December to 12,767 units following a 3.4% increase in November, according to the Australian Bureau of Statistics. ... Full story

Foreign investors favour property over mining

FOREIGN investors have invested $59.1 billion in Australian real estate in 2011-12 -- up $17.6 billion from last year, outstripping the mining sector for the first time in recent history, according to the Foreign Investment Review Board. ... Full story

Resources companies leave big footprint in Perth

MINING and resources companies and their suppliers account for over 50% of office space in Perth’s CBD office market with BHP Billiton and Chevron representing almost 30% of occupied space in the city, according to Perth based independent research firm, Y Research. ... Full story

Online not to blame for retail woes

INTERNET retailing are having an impact on traditional retail sales growth but not as much as you may think, according to CFSGAM Property Research. ... Full story

Asia Pacific tops expensive office market

ASIA Pacific has dominated the top 10 most expensive business locations, led by Hong Kong-Central, which also took out the number one spot, according to CBRE. ... Full story

US commercial loans delinquencies rises

UNITED States commercial real estate loan delinquencies have risen slightly, after three months of decline. ... Full story

Green shoots in Melbourne industrial

MELBOURNE’S industrial property sector had a slow start to 2012, but there are positive signs that confidence is returning, according to Savills. ... Full story

Construction downturn slowing

THE construction sector downturn has eased slightly in November, according to the latest Australian Industry Group HIA Australian Performance of Construction Index. ... Full story

Asian REITs surges ahead of equities

ASIAN REITs have delivered superior returns and lower risk when compared to Asian equities, according to the Asia Pacific Real Estate Association (APREA). ... Full story

Retail investments still in demand

THE appetite for retail investments remains unabated, with in excess of $500 million in properties changing hands during Q3, according to CBRE. ... Full story

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