News

The property Councils latest occupancy survey has highlighted the impact of extended lockdowns on Australia’s largest CBDs. As authorities try to battle the Delta variant outbreak in some CBDs, others are showing positive signs of recovery.

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The latest Property Council/MSCI Australia Annual Property Index posted an annual return of 7.8 per cent, driven by the industrial sector’s strong performance.

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The Property Council/MSCI Australia Annual Property Index achieved a total return of 0.1% in Q4 2020, down from 7.6% the previous year. The total return results are the lowest figure recorded since the index began 26 years ago due to the decreased net operating income rather than income compression.

 

Whilst the Australian market continue to...

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CBD Occupancy takes a hit

OFFICE • March 3, 2021

Australian CBDs have taken a hit due to recent COVID-19 lockdowns, with new data revealing a deceleration in the rate of workers returning to their offices. 

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There are two types of people in the world; people who love technology and those who don’t. Regardless of where you stand on this spectrum, in a world where technology is advancing every day, the need to adopt to such advancements is crucial for success and there is no exception in the Australian property industry.

 

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Infrastructure Australia has released the 2020 Infrastructure Priority List, presenting 147 infrastructure proposals of national significance across Australia – the largest number since the list’s inception.

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