View all news
In Australia, we've seen improvement in the Sydney and Melbourne office markets. Both markets recorded double digit effective rental growth in 2016 with Sydney and Melbourne expected to be near the top of global office rental growth rankings in 2017.
Annual rental growth on prime office assets across the 110 major markets covered by the JLL Global Office Index decelerated to 2.3% in Q4 2016, down from 3.0% in Q3 and the slowest rate of full-year growth in three years. Quarter-on-quarter, rents rose by 0.4%, mirroring the pace from the previous quarter.
Langton McHarg, Head of Sales & Investments - Victoria, provides a summary of Q4 2016 highlights across the major Australian office investments markets and discusses the outlook for 2017. For more information, please visit: www.jll.com.au/oir
Michael Fenton, Head of Industrial Australia, provides a summary of Q4 2016 highlights across the major industrial markets and discusses the national outlook for 2017.
National Director, Communications – Australia
+61 2 9220 8571
Communications Specialist, Marketing – Australia
+61 2 9220 8390