2018 Australian Office Investment Outlook

2018 Australian Office Investment Outlook
Australian office markets around the country have experienced solid capital value growth over the past three years, with yield compression thus far the key driver of values, along with good tenant demand, rising face rents and stock withdrawals. The growth story of Australian office since the GFC has resonated with both local and offshore groups, and we now operate in a market where competition for capital deployment in office stock is as strong as it has ever been. 

Coupled with the yield compression cycle now is solid rental growth, both face and effective, particularly in the core markets of Sydney and Melbourne. The growth in white collar employment, as well as the broadening of the office occupier base to include a greater proportion of the booming health and education sectors, has resulted in unprecedented occupier demand conditions in Sydney and Melbourne, and near record low vacancy rates in key CBD and metro markets. 

Colliers International’s Capital Markets team is pleased to bring you the 2018 Australian Office Investment Outlook for 8 major markets.

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John Marasco

Managing Director | Capital Markets & Investment Services

Melbourne CBD

I have been with Colliers International for over 25 years and am the Managing Director of Capital Markets & Investment Services, Australia as well as the State Chief Executive of Victoria.  

I have established a strong reputation in the Capital Markets space and have formed close relationships with major investors and institutions on a global scale. In recent years, I have negotiated some of Australia’s largest real estate transactions and have been instrumental in successfully brokering many substantial transactions with overseas investors entering the Australian market. My extensive connectivity in the global real estate market can unite capital with local expertise, regardless of location.

Our national Investment Services business represents market specializations including Capital Markets and Investment Sales. The two clear divisions servicing the Australian commercial office market ensures complete market coverage, efficiency and premium experiences and successes for our clients. 

‚ÄčAs a long standing senior member within Colliers International, I have played an integral role in contributing to the business's success in Australia. I hold a number of senior positions with Colliers including a member of the National Executive Board. I am committed to the success of the business by providing our people with the tools they require to deliver incomparable service and results.

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Anneke Thompson

National Director

Melbourne CBD

Anneke began her property career in 2004, and in that time has gained experience across many facets of commercial property including leasing, consultancy, research, feasibility analysis, forecasting, and financing.

Anneke leads the Australian Research team for Colliers International, and as part of this role manages the production of all of Colliers’ Research and Forecast Reports (RFRs), as well as our Colliers EDGE data subscription product. She has a particular focus on office markets – both the Capital Markets and leasing sectors – and contributes annually to the Capital Markets’ teams Investment Review series.

Anneke is regularly called upon to present at property industry forums run by groups such as the Property Council of Australia (PCA), the Australian Property Institute (API) and Property Investment Research (PIR). She has also contributed to a number of panel discussions, and regularly presents to Colliers’ wide variety of client groups.

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