Smart technology will be the catalyst for change in Adelaide’s office landscape, taking the same focus that sustainability and end of trip facilities did a decade ago. That was one of the key outtakes of CBRE’s annual Adelaide Market Outlook presentation, which highlighted new measures landlords are taking to capture tenants in an increasingly competitive
A wave of residential conversion activity in the St Kilda Road precinct over the past two years has revitalised the suburb’s office market, with secondary stock replaced by an injection of fresh retail amenity. A new CBRE Viewpoint, The future of office in the St Kilda Road precinct, highlights the impact the withdrawal of 51,500sqm
It’s the question being asked by many investors given the current heightened focus on long term, secure income streams. In order to put some metrics behind it, CBRE Research has issued a new Viewpoint report examining the influence that a long Weighted Average Lease Expiry profile has on commercial property pricing. The research was inspired
The workplace is in a state of transition globally, with words like wellness, health, relaxation, social and even fun, now synonymous with the office. As our work habits continue to evolve, so do our workplaces – offering more than just a stationary desk from 9am – 5pm. The lines of demarcation between our work and
Boundaries are blurring in the Sydney office leasing market as a lack of available stock drives a growing number of tenants to broaden their horizons. A new CBRE market review highlights that more tenants than ever before are prepared to cross the city – from north to south and vice versa – in a market
Significant reforms to NSW strata laws are forecast to create a wave of new interest in the Sydney strata market after years of flat growth. A recent client event co-hosted by CBRE and Brown Wright Stein Lawyers highlighted that investor interest in strata investment had surged in the past 12 months in anticipation of the
Brisbane’s CBD office market is benefitting from a wave of tenant activity, with tightening vacancy levels in the Near City precinct prompting occupiers to look beyond the city fringe. CBRE’s James Comino said CBD office landlords were adapting to the shift in tenant sentiment, injecting capital into building upgrades in a bid to lure tenants.
Brisbane has surprised on the upside while market conditions have deteriorated more quickly than expected in Perth according to CBRE’s analysis of the latest Property Council of Australia office vacancy numbers. Looking at the overall picture, CBRE’s Australian Head of Research Stephen McNabb said the office markets had played out broadly as expected in H1