RESEARCH
Construction work bounces back
CONSTRUCTION work completed has rebounded in the third quarter, rising by 1.7% -- slightly below the market expectations of a 2.0%, according to the Australian Bureau of Statistics. ... Full story
Positive outlook for hotel market
AUSTRALIA'S tourism industry will be buoyed by a growing Asian middle class and weakening Australian dollar in the coming years, according to Deloitte’s latest Tourism and Hotel Outlook. ... Full story
Dwelling investment rebound to offset mining slowdown
SUBDUED dwelling investment growth might prove to be a cornerstone of the Australian economy in the years to come, according to new ANZ research. ... Full story
Industrial values reach four year high
INDUSTRIAL capital values have reached their highest level in four years, underpinned by increasing demand for assets and the tightening supply of stock. ... Full story
Rise in subleases as tenants slash costs
THE Australian office sector will see an increase in sublease space, which will put downward pressure on rents, and the mining fuelled markets of Perth and Brisbane will not be immune, according to Ernst & Young real estate partner Richard Bowman. ... Full story
Global demand in Australia remains unabated
MAJOR deals nearing completion will continue the surging investment in Australia’s commercial property market, according to Jones Lang LaSalle research. ... Full story
Property confidence plunges to 30-month low
THE commercial property industry is growing pessimistic as business conditions weaken, according to the National Australia Bank's latest research. ... Full story
Developers delay starting projects
MANY developers are hesitating to start construction work on new developments in the near-term and have pushed back commencements by 6-18 months. At the same time, they said access to debt and equity funding is more difficult in the Q3 2012. ... Full story
Global office rental growth remains flat
THE global office market settled into a holding pattern over the September quarter, according to CBRE. ... Full story
Office rental growth slowing and declining
PRIME rental growth across major Australian office markets have slowed and declined in some cities in the Q3, according to CBRE. ... Full story
Industrial supply tightens
THE future supply of industrial space is tightening as current constructions are completed and there are fewer new projects, according to research. ... Full story
Aussie super funds rev up global property mandate
AUSTRALIAN superannuation funds and Canadian pension funds are set to drive the new wave of investments in the core European and North American property markets. ... Full story
Construction remains weak despite pickup
THE construction sector is contracting at a slower rate, according to the latest Australian Performance of Construction Index. ... Full story
Valuers predict commercial values to fall
GLOBAL economic uncertainty is taking its toll on the Australian commercial property market, with capital values set to dip over the next quarter, according to the latest Royal Institute of Chartered Surveyors' Commercial Property Survey. ... Full story
Retail rents on the way up
WHILST conditions remain difficult for many in the beleaguered retail sector, demand for space is set to boost rents from early 2013, according to new Jones Lang LaSalle research. ... Full story
Abacus in Clayton sale leaseback deal
DR Frank Wolf's Abacus Property Group has bought an industrial...Developer buys Glen Waverley industrial
A PRIVATE developer has paid $2.65 million for two adjoining...
This publication is a member of the Australian Press Council.