Living’ now the preferred sector for institutional investors, says JLL
A new JLL Report has found that ‘Living’ sectors accounted for the largest share (27 per cent) of global transaction volumes in 2023, outpacing traditional commercial property sectors. Commentary from, JLL's Ronak Bhimjiani, Andrew Quillfeldt, Tommy Christian and Jack Bergin.
Melbourne’s greenfield growth corridors critical to delivering new homes Victoria - RPM Research
Melbourne and Geelong’s greenfield growth corridors are critical to delivering much-needed new homes in Victoria, as strong population growth and immigration continue to challenge housing supply, Q4 2023 Victorian Greenfield Market Report from RPM Research, Data & Insights reveals.
Tasmania’s largest build-to-rent project for lease as project nears completion - Knight Frank
A leasing campaign for Tasmania’s largest build-to-rent (BTR) project Moir Road Estate for lease as it reaches full completion later this month. The BTR site sold to local developer by Knight Frank agents, George Burbury and Tom Balcombe.
Retirement communities can shift dial in achieving housing targets
The Australian Government should include retirement communities as a key delivery component of achieving the Housing Australia Future Fund (HAFF) target to build 1.2 million new homes by 2029.
More housing supply would render reforms redundant, says REIQ
REIQ CEO Antonia Mercorella said the problems the State Government keeps trying to solve through constant legislative reform, were symptoms of a market with dire supply levels, which continues to the elephant in the room.
Home building underway at SAGE after stage one settlements
Construction is underway on the first homes in Cedar Woods Properties’ Sage Burpengary community as city of Moreton Bay Mayor Peter Flannery cut the ribbon marking the official opening of stage one, following settlement of the first 49 homesites for a total of $33 million and average price of $...
2024 is 'year of the baby boomer downsizer' says Consolidated Properties Group CEO and Chairman Don O'Rorke
Consolidated Properties Group CEO and Chairman Don O’Rorke said now the pandemic-fuelled sales stampede led by interstate buyers has cooled, baby boomer downsizers are ready to take advantage of the much-improved value of long-held family homes.
Real estate allocations from sophisticated investors are being attracted to the residential thematic via an asset type that is only now becoming available in the Australian market” said, Robert Papaleo National Director, Capital Markets Residential, Australia.
AVJennings demonstrates game changing Stellar Collection construction at Evergreen Sydney
AVJennings CEO Phil Kearns said The Stellar Collection was a game changer for the future of Australian housing with homes able to be constructed in just three months from slab down.
Bright future for student accommodation sector says Savills latest Australian Student Accommodation 2023 Report
Savills’ latest Australian Student Accommodation 2023 Report has revealed that demand for Purpose-Built Student Accommodation (PBSA) remains at its most feverish point and tipped to further increase, continuing to outstrip supply amid low vacancy and a mounting number of offshore student...