The prospect of changes to negative gearing and capital gains tax is posing more of a risk to Australia’s apartment market than the changes themselves, say industry commentators.
As listed retail funds progress their divestment plans and rationalise their portfolios, opportunistic investors are taking advantage of the changing market.
Over 2018 (CY2018) approximately AUD 3.2 billion in investment sales occurred across the national industrial sector (for transactions greater than and equal to AUD 10 million)
Apartment completions on the Gold Coast peaked in 2018, with supply expected to contract by 30% over 2019. To date, there appears to be no adverse side effects from the increased supply levels, as rental rates have remained resilient and capital growth remains positive.
The Canberra apartment market has slowed and is late-cycle. Capital value growth continued to soften over the year, stalling over the last quarter. Rents on the other hand saw strong growth on the back of a tightening vacancy driven by strong population growth.
A major player in commercial real estate markets, Middle Eastern sovereign wealth funds are facing a challenging late-cycle investment environment that is impacting their deployment strategies.
Despite robust economic growth and an improved labour market, the Inner Melbourne apartment market has continued to cool. Sales volumes continue to decline and new supply continues to decrease.
JLL identifies the world’s most dynamic cities, based on a range of socio-economic and commercial real estate indicators.
Major population growth is driving demand in the city's burgeoning suburbs.
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.
With over five million apps available across the world, just about every fathomable function of daily life can be aided by a finger-tap on a smartphone.
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.
Download our latest report on the connected workplace.
As temperatures rise, so does the air con use in office buildings. Now, new designs are creating a better experience for employees as well as delivering environmental benefits.
Leaps in technology have brought our everyday lives closer to the storylines of science fiction films.
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.
Yotel and Citizen M might be better known in Europe and the United States but it won't be long before they become familiar brands in Asia.
Global trade policy is shifting, raising questions about the implications for industrial and logistics-related real estate.
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.
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
Robots butlers, keyless entry and virtual reality-enhanced room bookings: Hotel guests are increasingly being greeted by these once futuristic tech features around the world.
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.
The hotel real estate market is expected to remain healthy in 2019, thanks to strong fundamentals driven by a positive outlook on tourism travels, sustained growth forecasts for hotel operating performance and a record level of dry power for acquisitions. Return on hotel investment is attractive, compared to other asset classes and we expect global hotel investment volumes to hold steady in 2019.
The level of governmental action needed to meet the Paris emissions targets remains far short, but private actors, including many in the global real estate sector, are taking up the challenge.
All retailers face the need for repairs and refurbishments to the buildings they occupy but scaffolding obscuring store entrances can be off-putting for shoppers.
Sustainable buildings are increasingly making their mark on skylines across Asia as demand for eco-friendly hotels and offices continues to rise.
Urban living gets a makeover as affordability shrinks, the sharing economy expands
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.
Transaction volumes surpass AUD 19 billion for the first time on record.
Following a low level of completions in 2018, the Inner Adelaide apartment market will experience a relatively high level of supply in 2019.
The downturn in the Sydney apartment market is well underway. Capital values continue to decline, as demand remains restricted by tighter credit controls and negative sentiment in the market.
The Inner Brisbane apartment market will continue to stabilise throughout 2019, as demand builds and supply is absorbed.
The Perth residential market remains weak. However, with a backdrop of improving economic and employment growth, conditions are expected to gradually improve in 2019.
Momentum in Canberra is slowing. The housing market in Canberra withstood the downturn for another quarter, but is clearly moving further down the cycle.