Sydney Real Estate News
Sydney
Asia Pacific's Commercial Investment Market Continues to be Challenged in 2023
According to CBRE's newly released 2023 Asia Pacific Real Estate Market Outlook Mid-Year Review, a continued challenging environment for the Asia Pacific commercial real estate investment market still persists due to the prolonged interest rate hike cycle, insufficient price corrections, and a slower than expected recovery of mainland China.
Asia Pacific Logistics Users Plan to Expand Warehouse Portfolio in 2023
According to a new CBRE survey, logistics occupiers in Asia Pacific plan to expand their warehouse portfolio in the next three years, with a focus on high-quality facilities located in prime areas near customers and public transport.
Globally, Waterfront Properties Enjoy a 118 Percent Price Premium in 2023
Based on Knight Frank's 2023 Global Waterfront Index, waterfront property generated a 118% premium on average around the world, down only marginally from 121% last year, as Sydney retains the top spot.
Commercial Property Investment in Australia Dives 50 Percent in 2023
According to new CBRE data, top end commercial transactions have been most impacted by the slow-down in investment activity in 2023, with the smaller end of the market proving to be more resilient.
