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Full floor office supply dwindling

THE number of vacant full floor office space in Melbourne's CBD has fallen by 20% and is set to continue declining towards the end of the year, according to Savills Australia. ... Full story

Real estate not playing second fiddle

REAL estate is set to become a mainstream asset class globally in the coming years as offshore investors ramp up their exposure to Australian property, according Jones Lang LaSalle’s Real assets and the Asia Pacific report. ... Full story

Confidence the key to global property recovery

FUNDAMENTALS are in place for property market activity to pick up globally in the year ahead, however the confidence of occupiers and investors is critical to the recovery, according to Cushman & Wakefield’s Winning In Growth Cities report. ... Full story

US REITs rev up

THE US REIT industry has strengthened its balance sheets and is positioned for acquisitions, as it continues to outperform the broader market and enjoy near-historical low debt ratio, according to a new report. ... Full story

Housing finance approvals edges up

THE total value of dwelling commitments excluding alterations and additions increased by 0.6% in August, according to the Australian Bureau of Statistics. ... Full story

Demand will not wane for Melb metro office

STRONG sales activity in Melbourne’s metropolitan office market will continue as investors hone in on fully leased and quality assets, according to Colliers International’s Melbourne Metropolitan Research & Forecast Report. ... Full story

Distressed retail properties on the rise

THE number of forced sales in the retail property market has risen substantially in the September quarter compared to June, according to Landmark White. ... Full story

Gloomy outlook for commercial building

QUEENSLAND builders are expecting commercial activity to remain subdued and below their long-term average over the two years, according to the Master Builders' annual building industry outlook report. ... Full story

Home building industry optimistic

QUEENSLAND'S building industry is optimistic for the year ahead and is forecast 28,000 new housing starts for 2012-13, according to the Master Builders' annual building industry outlook report. ... Full story

Construction records sharpest fall in 12 months

THE construction sector has recorded its sharpest fall in 12 months, down 1.3 points in September to 30.9 points, according to the latest Australian Industry Group Australian Performance of Construction Index. ... Full story

Commercial sales continues to decline

COMMERCIAL property sales have fallen in the Q3, due largely to cautious foreign investors and a lack of core real estate on offer, according to CBRE. ... Full story

US house prices continue rising

UNITED States home prices have continued to increase in July, for the third consecutive month, according to the S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices. ... Full story

Foreign investors not swayed by negative news

FOREIGN investors continue to flood into the Melbourne CBD office market, accounting for 35% of transactions, despite local media frequently talking down the economy, according to Savills. ... Full story

Investors amass 17bn war chest

INTEREST in Australian property is building among offshore investors with a $17 billion war chest to buy core office assets. ... Full story

Brisbane and Melbourne industrial facing challenges

THE Melbourne and Brisbane industrial property markets are facing different challenges in the year ahead, according to BIS Shrapnel. ... Full story

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