Better times on horizon for Melbourne office market.(office vacancy rates to remain stable )(Brief Article)Westerman, Helen
The rising demand has resulted to a decline in office market vacancy rates for the first time since the global financial crisis. The national vacancy rate fell to 9.5% in January compared with 10% in July based on data from Property Council of Australia. Rents in Melbourne, Victoria are ...
Buenos Aires saw some of the highest growth in Q4 (+7.9% q-o-q) as office vacancy rates plummeted. A quarter of the markets covered by the Index registered rental declines in Q4, reflecting a range of factors including oversupply, weak corporate occupier demand and poor economic fundamentals...
cent of total stock. In Melbourne, the latest data reveals the vacancy rate of 1.5 per cent. 3 Because of increased demand, landlords have even less inducement to make improvements to their properties in order to attract potential tenants. Our experience ...
Prime office rents in Germany are tipped to rise by a further 1.5 percent this year, thanks to low vacancy of around four percent. “Low vacancy rates in Europe’s top cities continue to push corporate requirements to the development pipeline which explains the many pre-lets w...
Citywide office investment volume in London fell by 45 percent year-on-year in the first quarter with the £1.3 billion in transactions during the period falling 62 percent below the 10-year quarterly average. During the first three months of the year vacancy climbed to 9.9 percent...
The rising demand has resulted to a decline in office market vacancy rates for the first time since the global financial crisis. The national vacancy rate fell to 9.5% in January compared with 10% in July based on data from Property Council of Australia. Rents in Melbourne, Victoria are ...
The close interdependency between rents and vacancy rates in the forecasting process and the volatility in rental cash flows reflects on direct property investment and subsequently on the ASX, is therefore justified.doi:10.1108/JPIF-04-2017-0029Treshani Perera...