Slow but steady growth continues. SA’s robust economic growth and relatively affordable dwelling prices are positives for the residential market, but sluggish population growth, a pick up in supply and tight credit conditions are becoming headwinds
Transaction volumes are used as a proxy for liquidity in the commercial property sector. On this measure, the Australian CBD office market is very active with transaction volumes hitting the third largest level on record in 2017.
Australia’s soaring energy costs are forcing a growing number of hotel owners and operators to look for new ways to drive efficiencies and protect their bottom line. Three of Australia’s biggest energy providers last year locked in price increases for electricity and gas, sparking a media and political storm over costs.
The boom in urban populations as well as investment in public transport is pushing companies and investors to explore space outside traditional city centers.
Tracking Occupancy Costs in Global Cities
Momentum in Canberra is slowing. The housing market in Canberra withstood the downturn for another quarter, but is clearly moving further down the cycle.
Slow but steady growth continues. SA’s robust economic growth and relatively affordable dwelling prices are positives for the residential market, but sluggish population growth, a pick up in supply and tight credit conditions are becoming headwinds.
Growth remains strong but headwinds are building. Both Hobart’s price and rental growth are the strongest in the country, unlike other cities which are coming into a downturn.
Downturn well under way. Tight lending conditions, coupled with strong completions, are pushing the Sydney housing market into decline after a strong period of growth.
Space is sparse, costs are high, and finding a suitable place to live has become a real challenge. One solution, in short, is to go small. Micro apartments have cropped up in dense cities across the globe.
Tech-driven services like ride-sharing, scooter sharing, food delivery apps, and co-working have quickly infiltrated the daily lives of city dwellers. Venture capitalists have been pouring record amounts of investment into the sector
Urban living gets a makeover as affordability shrinks, the sharing economy expands
Singapore’s new policies aimed at tempering house-price gains were the latest government effort to address a growing lack of affordability in cities worldwide.
Why should governments stretch to embrace the connected workplace?
The connected workplace is one which brings together workplace design, technology, and HR systems and policies to create a space where employees can easily communicate and work. Well-designed connected workplaces produce employees who are engaged, productive and active ambassadors for where they work.
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The urban campus concept is breathing new life into universities challenged by changing study habits and growing competition
Today’s landlords are increasingly aware that incorporating high-quality space for collaborating and socializing in their office buildings is a better way to catch the eye of companies hunting for new premises.
Melbourne's Monash University is one of the highest ranked universities in the world. When it unveiled its new Learning and Teaching Building, we helped its faculty of education change their workplace experience.
See how we helped global bank HSBC make a major transition to activity-based working, giving employees a choice of settings to do their work.
The gambling entertainment group Tabcorp wanted to move into an office that would accommodate its growth plans so we helped make this ambition a reality.
With the open plan format that dominates office design, change just keeps on coming.
From hotdesks to huddle spaces, and private meeting rooms to collaboration spaces, the evolution is seemingly endless.
Why industrial and logistics are the next big thing in Asia Pacific.
Explore the JLL Asia Pacific Property Digest where we share the latest trends in real estate markets for office, retail, residential, industrial and hotel properties in the region.
A slew of high profile events being held in Sydney in the lead up to Christmas, including Prince Harry’s Invictus Games, are expected to deliver a strong end to the year for the city’s hotel market.
As Australia’s housing supply slows, overseas debt investors are starting to look to the country’s commercial real estate market.
Australia’s suburbs are set to see a boost from industrial investors as more e-commerce, logistics companies look to base themselves even closer to their customers
A growing wave of Japanese capital is targeting Australian real estate as investors look to diversify and allocate capital to international markets. Read more
A bilingual report (English and Korean) on South Korea’s tourism and hotel market performance.
JLL and Baker McKenzie are pleased to share with you Hotel Management Contracts 2018, a unique analysis of recent trends in hotel management contract (HMC) negotiations across Asia Pacific.
Our latest Hotel Investment Highlights report provides insights on the investment markets and capital flows in the Asia Pacific region.
Cities are exploring the use of sensors, data analytics, and artificial intelligence to create urban environments that live and breathe technology.
Singapore is already ahead of rival cities in promoting public transport, but it could free up more of its most precious resource – land – in a possible car-free future.
Melbourne’s skyline is rapidly changing as growing numbers of high-rise apartment towers spring up in its inner city area to house its ever increasing population.
Many of these cities have become home to large clusters of business services, engineering, finance and retail firms, and strong creative industries.
A number of cities in the region are turning to a metro system as a solution to the growing pressures of heavy traffic and rapid urbanization.
Progress remains slow. Improving economic conditions should steadily create a more favourable economic backdrop for Perth housing market.
Market fundamentals remain strong. Strong underlying demand will continue to be fueled by population growth. This will support overall stability for Brisbane residential markets and continue to aid the consumption of excess supply.
Melbourne’s growth cycle comes to an end. After a prolonged period of growth, Melbourne’s residential market has come under increasing pressure in the past quarter. Demand indicators are worsening and prices are declining across inner and middle ring suburbs.
Headwinds remain, as the NT edges closer to a trough. In the wake of the downturn in major resource construction projects, Darwin’s residential market has suffered, though the worst may have now passed.