This Month
Australia is entering a housing ‘super cycle’, Qualitas says
The real estate fund manager says it has no shortage of capital to deploy as demand for housing surges, but construction labour shortages remain a hurdle.
The return to office gathers pace, except in Melbourne
Daily attendance rates are creeping steadily closer to pre-pandemic levels. And major employers are adding to the push with mandates.
At least 50 basis point cut needed to boost housing demand: Stockland
The diversified developer says new home buyer appetite picked up before Tuesday’s rate cut, but further monetary policy easing is crucial.
The tide is turning against WFH. Office property will be a winner
Like it or not, the return-to-workplace push is gaining momentum. It’s one of two big factors setting the stage for a revival in commercial real estate.
Lendlease counts on Baby Boomer demand for luxury apartments
CEO Tony Lombardo says the builder, developer and investor is looking firmly at downsizers, because interest rates don’t bother them.
Mirvac says middle ring housing demand is booming
The diversified developer, builder and landlord claimed a ‘solid’ result in a market that is still recovering.
Coles shifts HQ to CBD in chase for talent
The supermarket giant is leaving its suburban home of almost three decades. The new HQ is much better served by public transport, a benefit to more staff.
Sydney’s home of ASX sells for $250m as office vibe picks up
Office investment is picking up amid growing confidence the devaluation cycle is bottoming and workers are being told to spend more time in their workplaces.
Back to the office momentum a win for sector
The impact of working from home on Australian office towers is stabilising, even as businesses and employees continue to wrestle with WFH.
January
Don’t say Trump, but return to office will pick up: property bosses
Heads of the country’s largest commercial landlords avoid commenting on the US president’s executive order. But they want workers back.
Why a 1.4pc return is great news for the office market
Mirvac Wholesale Office Fund, which owns Quay Quarter Tower and the former AMP building, delivered positive returns for the final quarter of 2024.
Just 28pc of offices will meet major tenants’ climate needs
Government and blue-chip private sector tenants are pushing to move into green offices, but they are in short supply.
Metrics to call Martin Place home amid private credit boom
One of Australia’s largest non-bank lenders will swap a heritage-listed boutique office in North Sydney for a place in the Sydney CBD.
Sydney’s financial power base to expand towards Circular Quay
BlackRock’s arrival, alongside a string of high-powered law firms, signals the revival of the AMP building. But there’s plenty of life left in the stalwarts.
Is 2025 the inflection point for the office market?
The nation’s office market has been battered by surging interest rates and the rise of flexible work. Building values have fallen. But that could change this year.
No bull, this developer just got a 33pc discount on an office tower
A local developer has ambitious plans – including a famous statue – for the Melbourne fringe office tower he says will be transformed by the Metro Rail opening.
What the top 2024 US office deals reveal about the year ahead
Movement in the troubled office sector shows owners did what they had to do to strike a deal, pointing to more activity in 2025.
2025 to be a year of recovery for Sydney offices
Investor sentiment about the battered office sector is turning. Leading fund managers are expecting some upside in Sydney offices.
December 2024
The $4b rebound in office tower trades in the heart of Sydney
A $600 million office tower in the heart of Sydney is on track to change hands, capping off a remarkable resurgence for the battered sector.
5 opportunities for commercial property investing in 2025
Sydney hotels, data centres and regional shopping centres are among the segments tipped to grow next year.