Central business district stories
Dataiku has launched its Asia-Pacific and Japan AI headquarters in Singapore, enhancing support for sectors like banking, government, logistics, and education.
Equinix has launched its first data centre in Jakarta, Indonesia, via a joint venture with Astra, marking its entry into the Indonesian market.
New research reveals UK offices are central to business travel bookings, with 68% arranging trips at work, highlighting a prime spot for premium brand advertising.
Rising tenant demand is exposing a shortage of green offices, with Auckland alone facing a 164,000 sqm shortfall, JLL says.
Commuters gain faster links under Sydney Harbour, with 445 daily services expected to move more than 264,000 passengers on the new line.
EG Funds Management introduces clean energy matching for five Sydney properties via Matched Energy Supply Agreements, aiming for Real Zero Carbon by 2030.
Tauranga’s push for taller Mount Maunganui buildings has reignited debate over whether greater density will ease the city’s housing squeeze.
Melbourne's fashion and experience retailers stand to benefit from a predicted 12.6% rise in sales during the 2024 grand slam.
Extra Sydney Metro West stations could unlock tens of thousands of homes, with a Rosehill proposal alone centring on 25,000 new dwellings.
The early finish on Brisbane’s Cross River Rail is set to ease congestion, cut peak travel times and add capacity for 9,000 more passengers a day.
Vacancies fell and rents rose in key centres as demand for quality office, retail and industrial space stayed firm across New Zealand.
The sale could draw strong investor interest, as the landmark Queen Street site brings in GBP £2.68 million a year and is fully leased.
Rents in Auckland’s outer suburbs have climbed faster than in the city centre since Covid-19, as working from home shifts demand.
Prime CBD office space is tightening in Auckland and Christchurch, while Wellington rents rise despite a temporary vacancy jump.
Vacancy and redevelopment plans have cut Skyworld’s annual income to GBP £2.3 million, but the site could be reshaped into a major mixed-use precinct.
Hybrid working is driving up waste and costs in offices, as building managers struggle to predict occupancy and energy demand.
The move leaves Auckland’s tallest tower site back on the market as ICD Property refocuses on Australian projects amid a weaker global economy.
Industrial rents are being pushed higher by record-low vacancy, as office and retail markets in Auckland, Wellington and Christchurch tighten.
Higher inflation and 30-year-high interest rates are forcing landlords and tenants to renegotiate rent formulas as costs and vacancies diverge.
Prime office shortages are squeezing Auckland, Wellington and Christchurch, even as higher costs and hybrid work test new projects.