Property industry sentiment across Australia has retreated from its post-federal election bounce to below the historical average according to the latest ANZ/Property Council Survey for the December 2019 quarter.
Sentiment has fallen by 10 index points from the previous quarter to 118 which is below the historical average of 126 since the survey’s...Read More
For mainstream financial asset classes, measuring investment performance is usually based on sale prices. In contrast, direct real estate is well known for being an illiquid and diverse asset class where assets change hands relatively infrequently. Investors and managers therefore typically rely on valuations. But how close do valuations get to...Read More
Last week’s release of the Property Council Office Market report showed Australian office vacancies have decreased over the first half of 2019, but tenant demand has only had a modest impact on this result reflecting the softer economic conditions over the period. Vacancy rates around the country decreased to 8.3 per cent for July 2019 (down from...Read More
The Property Council’s new ’A Guide to Office Building Quality’ third edition has been released. This milestone is something for our industry to embrace as the latest voluntary Guide provides our basis for common language on office quality.Read More