1 Jul 2019
New development in the CBD has slowed. Inducements are prevalent, although net effective rental levels have plateaued over the last 24 months. There is limited supply of large tenancies. View the infographic here.
Significant new development has occurred city wide. Tenant demand has softened, albeit has been moderate over the last 12 months, and inducements are becoming more
prevalent. Investor demand is strong. View the infographic here.
Significant redevelopment has occurred in the CBD and foot traffic has increased markedly as developments are completed. Tenant demand remains in the CBD for prime positions. Demand for hospitality space also remains. Demand has softened in suburban locations. View the infographic here.