Investors dominate the NZ market as Whillans transact more than $250 million in the Quarter
“New Zealand has earned its reputation as a true global safe haven” Says Bruce Whillans. Whillans Realty Group had an outstanding third quarter, with over $250 million in sales with the bulk of their activity in investment sales, reflecting a strong demand for income-earning property.
Australian commercial property sales volumes at $13.6 billion, with offshore investors accounting for 44% of activity reports JLL
This follows almost $1.5 billion in major deals negotiated across the office, industrial and retail market in one week alone and a pipeline of circa $2 billion expected in December. Offshore activity has been strongest from Singapore, Germany and China.
National Commercial network reports end of 2020 surge in settlements
Mattew Tiller head of LJ Hooker Commercial network reports LJH has posted its largest month for commercial settlements in two years as owner-occupants capitalise on record low interest rates and Australia’s exit from COVID-19.
How fashion retailers are changing their physical footprint - JLL report
JLL’s recent retail research paper, The Future of Fashion in Australian Shopping Centres outlines why the fashion sector’s physical footprint is shrinking and how much it will shrink by.
Retailers encouraged to take 'practical' measures to remain relevant - CBRE report
Last mile retailing, showroom style shopping, click and collect, customer analytics technology, food delivery offerings and flexible leases are set to become the hallmarks of resilient retail assets, according to new research from CBRE.
CBRE retail data for the third quarter indicates consumer confidence has shown a strong recovery from the depths of April but remains in negative territory.
Demand high for strong core office assets in Adelaide CBD despite COVID-19 - Knight Frank report
Adelaide’s CBD office market has been disrupted by COVID-19, but core assets with strong lease covenants remain highly sought after in the local market, according to the latest research from Knight Frank.
Urban Property Australia dissects the effect of the pandemic on the Melbourne property market
World’s longest lockdown stymies leasing demand but sales activity solid for Melbourne’s metropolitan office market says Urban Property Australia Founder and Managing Director, Sam Tamblyn.