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Market Outlook Australia

Australia Major Report | December 2014

Australia continues to experience a period of ongoing, albeit sub-trend, economic expansion. The mix of domestic growth is changing and the transition isn’t necessarily smooth, with the overall outlook for the economy remaining finely balanced.​

Generally we expect more favourable revenue conditions for retail and industrial occupiers, and combined with contained supply (in most markets) should provide some support for rent growth. Office occupier revenue growth, however, will be low relative to past cyclical upswings. These trends are reflected in our rent growth expectations which are for modest improvement in the industrial and retail sectors while office rents remain flat restrained by higher supply.


Contacts


Stephen McNabb
Head of Research, Australia
+61 2 93333493
Email
       
         
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Infographic



Market Outlook Australia - Balancing risks as growth divergence continues

Real Estate Market Outlook 2015