2014 Office and Retail Benchmarks OUT NOW


Today - Property Council
OUT NOW | 2014 Office & Retail Benchmarks: Survey of Operating Expenses

Member Brief: 2014 Tasmanian Budget


Today - Property Council
Today saw the release of the first budget for the Hodgman Government – the first Liberal budget Tasmania has seen in 16 years.

Sydney and Melbourne bypass the post-mining malaise

Sydney and Melbourne bypass the post-mining malaise

The Sydney and Melbourne office markets continue to perform strongly despite national office market vacancy rates rising over the past six months, according to the Property Council of Australia’s latest Office Market Report.

Multimedia

Soapbox

'Re-life' Townsville's CBD

Tuesday, 26 Aug 14
Last week I was in north Queensland as part of Property Council led discussions on how to 're-life' Townsville's CBD.

People Watch

Ken Morrison – Chief Executive, Property Council
21 Jul 2014
Ken Morrison is the Chief Executive of the Property Council of Australia.

State by State

Property Council Divisions

space home state by state

We maintain offices in every state and territory around the country.
Check out your local advocacy and property news now:
  • Returning demand drives down Sydney office market vacancies

    Returning demand drives down Sydney office market vacancies

    07 Aug 14 - NSW Division
    A continued recovery in demand has helped lower vacancy rates across the Sydney CBD commercial office market, according to the Property Council of Australia’s latest Office Market Report.


  • Property Industry Survey shows optimism returning to the Northern Territory

    17 Apr 14 - NT Division
    The latest Property Council/ANZ Property Industry Confidence Survey index has shown Northern Territory to be one of only two states or territories to record a rise in positive sentiment.


  • Brisbane office market must transition

    07 Aug 14 - QLD Division
    Record high vacancy in Brisbane’s CBD office market is a clear indication of the need for a coordinated strategy to facilitate the transformation and re-lifting of older office buildings, according to the Property Council of Australia.


  • Daniel Gannon appointed SA Executive Director

    20 Aug 14 - SA Division
    The Property Council of Australia has announced Daniel Gannon as its new South Australian Executive Director.


  • Member Brief: 2014 Tasmanian Budget

    Today - TAS Division
    Today saw the release of the first budget for the Hodgman Government – the first Liberal budget Tasmania has seen in 16 years.


  • Positive demand drives Melbourne’s vacancy rate down again

    07 Aug 14 - VIC Division
    Melbourne’s office market continues to defy the critics with the Melbourne CBD vacancy rate decreasing from 8.7 per cent to 8.5 per cent according to the Property Council of Australia’s Office Market Report.


  • Planning Laws Shake-Up Welcome

    21 Aug 14 - WA Division
    The Western Australian Government’s enactment of a number of necessary planning reforms identified in the discussion paper ‘Planning Makes it Happen: Phase Two’ will provide major improvements to the WA planning system.


  • Apartment design rules worsen housing affordability

    07 Aug 14 - Residential Development Council
    The RDC has given national context to the debate about introducing new apartment design standards that will worsen affordability in the Victorian apartment market.

Retirement Living

Nominate a rising star


21 Jul 14
The Rising Generation Award is an opportunity to celebrate the success of young individuals who display innovation and leadership in their work and uphold the values of the retirement living industry.

Super stress for retirees

Super stress for retirees

28 Jul 14 - Property Week
Current superannuation structures may soon lead to hundreds of thousands of retirees renting, downsizing or moving in with their children because of dwindling retirement funds, says Club Plus Super.

Sustainability

New USYD course to create industry experts

New USYD course to create industry experts

25 Aug 14 - Property Week
In 2015, The University of Sydney will introduce a new postgraduate course centred on high-performance buildings: the Master of Architectural Sciences (High Performing Buildings) is the first course of its kind in Australia.

Office

Forward funding deals driving office market


21 Jul 14
Forward funding deals have played an instrumental role in getting as many as 30 landmark office projects off the ground in recent years, according to new research by CBRE.

Sydney and Melbourne buck office vacancy trend

Sydney and Melbourne buck office vacancy trend

10 Aug 14 - Property Week
National office market vacancy rates have risen over the past six months, but Sydney and Melbourne have emerged as the exceptions with falling vacancy rates due to solid demand for office space, according to the Property Council of Australia’s latest Office Market Report.

Residential

Strong capital gains trends continue


11 Aug 14
Sydney, Melbourne and Canberra continue their strong capital gains trend, with dwelling values across capital cities nationally up 1.1 per cent in the past quarter.

Meriton partners with Livable Housing Australia

Meriton partners with Livable Housing Australia

18 Aug 14 - Property Week
Apartment developer Meriton has announced it will commit to meeting best practice benchmarks for livable design by joining in a partnership with Livable Housing Australia (LHA).

Retail

Australia’s food retail concept leads global ...


18 Aug 14
Australia has set the standard in food retail best practice, and international retailers are following suit to establish strong food retail formats in shopping centres, particularly in the US. Robert Welanetz, chairman of the International Council of Shopping Centers, spoke about the trend at a shopping centre industry lunch in Sydney last week.

Vacancies up in Melbourne retail

Vacancies up in Melbourne retail

25 Aug 14 - Property Week
The latest research by Knight Frank indicates that retail vacancies are on the rise in Melbourne’s iconic shopping strips – and that the popularity of CBD shopping is largely to blame.

Infrastructure & Planning

Planning reforms will benefit WA


18 Aug 14
The WA Government has taken up a number of reforms specifically recommended by the Property Council, ensuring that there will be major improvements to the state’s planning system.

Growth plan good for South Australia

Growth plan good for South Australia

18 Aug 14 - Property Week
The Property Council of Australia says the SA Government’s plan to grow the state economy aligns with its policy objective of boosting the state through investment and development.

Capital Markets

Response to Asia Region Funds Passport


21 Jul 14
The Property Council of Australia states in a submission that the proposals contained in the federal government’s consultation paper on an Asia Region Funds Passport will not achieve the main objective of increasing managed funds investment in Asia.

APREA hails birth of Indian REIT market

APREA hails birth of Indian REIT market

11 Aug 14 - Property Week
The Asia Pacific Real Estate Association (APREA) has welcomed the Government of India’s proposal to foster a REIT market, which it contends will improve the transparency and professionalism of the Indian real estate market.

Shop Front

Property Australia Winter 2014

Property Australia Winter 2014
Team spirit triumphs: Collaboration and culture at Investa. Plus Kent Larson; Warren Hogan; 30 under 30; and residential and retirement living in focus.

Research

  • July 2014 Office Market Report
    Total Vacancy by Capital City
    Sydney CBD 8.4% icon arrow green down
    Melbourne CBD 8.5% icon arrow green down
    Canberra 13.6%
    Brisbane CBD 14.7%
    Perth CBD 11.8%
    Adelaide CBD 13.8%

    Visit www.propertyoz.com.au/officemarketreport for more information.


     

  • Q2 2014 Investment Performance Index
    Total Annual Returns by Sector
    All Property  9.7% green arrow up
    Retail  9.8% green arrow up
    Office  9.0% green arrow up
    Industrial  12.1% green arrow up
    MSCI AU Real Estate Equities Gross in Local Currency  12.9% green arrow up
    MSCI Australia Equities Index Gross in Local Currency  17.4% green arrow up
    CBA Bond: All Series, All Maturities  7.0% green arrow up
    Visit IPD Australia's website for more information.
  • May 2014 Construction Activity Forecasts
    Annual Growth Rates by Sector
    Residential (3 Year) 4.3%
    Residential (6 Year) 2.3%
    Residential (9 Year) 2.2%     
    Non-Residential (3 Year) 0.4%
    Non-Residential (6 Year) 0.6%
    Non-Residential (9 Year) 1.1%
    Engineering (3 Year) -5.4%
    Engineering (6 Year) -3.8%
    Engineering (9 Year) -1.8%
    Visit www.cfc.acif.com.au for more information.

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