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Gold Coast office market to run out of stock in three years
A lack of new office developments on the Gold Coast is likely to see the availability of office space dry up over the next three years.
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Foreign investors offload Australian commercial property
Foreign investors have reduced their exposure to Australian commercial property, as higher interest rates and soft returns for office and retail weigh on sentiment.
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Investing in tourism assets is back as confidence returns
After some lean years during Covid, investment in hotel assets is once again surging, highlighting the improved confidence across the tourism industry.
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Rise in new businesses to drive demand for commercial property
The number of new businesses getting started is increasing and it will likely lead to rising demand for commercial property according to an expert.
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Industrial assets remain the strongest commercial property class
Commercial assets have been the battling rising interest rates in 2023, however, industrial assets have managed to see strong ongoing demand.
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Businesses flee secondary office buildings
The flight to quality across the office sector continues to see businesses move towards higher quality spaces in a trend that is likely to continue.
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Stunning 3D-printed hotel to be created in Texas
Cutting-edge 3D printing technology will be used to create a stunning hotel in Texas that will feature never before seen architecture.
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Queensland and Western Australia seeing increased demand for office space
While office vacancy rates are rising in Sydney and Melbourne, demand has lifted Queensland and Western Australia according to an expert.
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High-interest rates the key driver of commercial property in 2023Â
The Real Estate Institute of Australia (REIA) expects to see interest rates remain at elevated levels, which will continue to drive commercial capitalisation rates higher over 2023.
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Offices sales top industrial for most transacted
After the huge interest in industrial assets in recent years, the trend is now starting to normalise with sales of office assets overtaking industrial.
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Ray White launches RWC Retail
The Ray White Group has announced the launch of RWC Retail, with the new business, aiming to provide a dedicated team for the sale of retail property across Australia.
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The hotel industry rebounds as tourism nears pre-COVID levels
The hotel sector is showing signs of a return to pre-COVID occupancy levels, while room rates are also forging ahead according to an expert.
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Commercial property investors seek cemeteries and brothels in unorthodox property hunt
Carparks, churches, cemeteries and brothels are among the unorthodox assets commercial property investors have turned to in recent years as they search for growth, development potential and long-term capital appreciation.
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Roxy Jacenko selling her luxury Paddington office
Well-known publicist Roxy Jacenko is making headlines once again as she embarks on a new chapter in her life.
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Office market underperforms compared to industrial and retail
Demand continues to wane for office assets as ongoing low occupancy rates and the changing nature of the workplace are leading investors to focus on other asset classes according to an expert.
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Industrial property holds up as commercial growth declines
Higher interest rates have seen the growth in commercial assets dry up, however, industrial property continues to hold up according to an expert.
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Landlords to cut office leasing incentives
As workers return to the office in increasing numbers, landlords are expected to reduce office leasing incentives in 2023, according to experts in the field.Â
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Commercial real estate sector resilient amid challenging conditions
Commercial property markets remained resilient this year despite higher interest rates hurting demand, according to a new report.
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NSW and Victoria still the focus for commercial investors
Commercial investors remain focused on both NSW and Victoria in 2023, however, Western Australia is proving a popular option for speculators according to an expert.
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Flight to quality for East Coast CBD office space
Businesses are demanding A-grade CBD office space in Melbourne and Sydney as employers try to entice workers back to the physical office.
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Banking crisis could see reduced investment in Australian property
The turmoil across the US and European banking sector could see reduced investment in Australian commercial and residential property according to an expert.
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Bricks and mortar retail far from dead
The rise of online retail has been a major concern for brick and mortar stores, but recent data suggests that physical shopping centres are still very much alive.Â
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Office vacancy figures show mixed outlook for cities
Businesses and workers continue to slowly trickle back into city CBDs, with new data showing demand for office space increased an average 0.1 per cent in the past six months.
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Why caravan parks could be a hot investment
The humble caravan park could be a solid investment prospect, according to a leading commercial real estate expert.
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Why electric vehicles don’t pose a threat to service stations just yet
Service stations were one of the standout assets during 2022, with the threat posed by the increased uptake of electric vehicles unlikely to be a drag on their values for some time, according to one expert.
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Demand for quality commercial assets to increase in 2023
Demand for value-add commercial assets and locations that will experience strong population growth will be a key focus for investors in 2023 according to an expert.
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Office assets the most transacted in 2022
Office market transactions have bounced back in 2022, as the sector tries to recover from the ongoing impact of government-imposed lockdowns.
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Darren Krakowiak: how you can become a better leader
Leadership is relevant to everyone in commercial real estate.Â
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Commercial property in regional Australia to outperform
Commercial property in regional Australia is set to benefit from the changing demographics experienced during Covid with Queensland likely to be the big winner according to a new report.
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Long-term commercial investments still performing well
Despite rising interest rates and slowing growth in 2022, commercial property has continued to perform strongly over a long period of time according to an expert.
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A prosperous pathway in property: Joanne Patamisi joins Cirrus8
Property professionals have endured turbulent times. Now, more than ever, there is a growing need for an accessible and reliable property management and trust accounting solution.
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Rental growth to continue to underpin commercial property
Strong rental growth will help mitigate the impact of rising interest rates on commercial property according to a new report.
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Queensland holiday markets bouncing back
After a tough few years for tourism operators across Queensland, holidaymakers are back and looking to travel to the Sunshine State.
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Retail property transactions slow as consumers battle rising prices
Retail property sales have slowed, as economic uncertainty climbs according to the latest Herron Todd White (HTW) Month in Review.
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Industrial property the strongest performer in 2022
Industrial assets have continued their charmed run of recent years and look set to finish 2022 as the top-performing commercial asset according to an expert.
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