Carolyn Cummins is Commercial Property Editor for The Sydney Morning Herald.
National office markets saw an average marginal lift in vacancy rates as new properties opened the doors, but the rate of growth is very small and predictions are that demand will again outstrip supply in the year ahead.
The predicted push into higher-yielding assets has started with gusto as a number of key properties are being set up for sale across the Sydney city precinct.
Global co-workspace provider WeWork will become a key anchor tenant at 333 George Street, Sydney, which is owned by the Charter Hall Group's Prime Office Fund.
Retail investment properties are gaining traction as one of the hottest sectors with sales of more than $100 million completed in the first two weeks of 2017 and more are on the cards.
Companies were left scrambling to cope with the fallout from President Trump's executive order barring citizens from seven countries entering the US as Australian business leaders called on the Turnbull government to help clarify its impact.
ANZ Bank and Lendlease have signed an agreement at the new 839 Collins Street tower, in the bustling Docklands precinct.
Development sites are the target for small to medium-sized investors as they seek out higher returning assets at a time of record low interest rates.
The hot pub sector has started the new year at the same elevated level of activity that characterised the past 12 months, when well over $800 million worth of assets changed hands.
The new year has started with a bang, with big sales being promoted as investors circle the higher-yielding bricks and mortar.
CHATSWOODÂ $182.82 sq m net.
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