Insights
South Australian Market Snapshot October 2024
South Australia’s property market has continued to experience strong fundamentals and steady demand during the first half of 2024, albeit with reduced transactional activity across some sectors of the market including Office and Industrial which is reflective of national trends in the current macroeconomic climate. Adelaide’s residential market is strong, with a lack of available …
Data Centre Growth in Australia
New M3 Property research shows demand for data centre facilities is rapidly increasing across Australia Our latest report, Data Centre Growth in Australia, investigates the growing demand for data centre facilities across Australian property markets. The research follows the announcement that Australian data centre firm AirTrunk has been bought out by Blackstone and the Canada …
Queensland Market Snapshot October 2024
The Queensland property market has remained resilient over the first half of 2024, with continued positive occupier demand across most property sectors. Investment demand is focused on good-quality, well-located assets, albeit with a subdued level of sales activity as a result of broader macroeconomic conditions. However, we can now expect the cost of debt to …
Antony Schober joins M3 Property as Director of Specialised Assets, Victoria
M3 Property announces the appointment of Antony Schober as Director of Specialised Assets, Victoria commencing 1 October 2024. With over 25 years’ industry experience in the real estate sector within areas of valuations, consulting and advisory, Antony has held senior positions in firms in Australia, the Middle East, UK and Europe including DTZ International and …
M3 Property Appoints New Commercial Director in NSW
Edward Hine joins M3 as Commercial Director NSW M3 Property announces the appointed Edward Hine as Director of Commercial, NSW with a focus on Office Markets. With over 14 years’ industry experience in the real estate sector providing commercial and residential valuation advice, Edward has international experience in senior positions in firms in Australia and …
New South Wales Market Snapshot H1 2024
The New South Wales property market has seen steady growth during the first half of 2024 for well-positioned assets with strong income security, rental growth and lease covenants in sectors including Retail, Childcare and Hotels. In the Sydney Office sector, transaction volumes have been low over the past 24 months as increasing interest rates and …
Victorian Market Snapshot H1 2024
Investor sentiment in Victoria continues to be challenged by increasing State property taxes, particularly with the introduction of the Commercial and Industrial Property Tax, a relatively slower recovery of the CBD market and lagging State economic growth. During H1 2024, some sub-markets were subdued, with low levels of transactional activity whilst other sub-markets have seen …
M3 Property CEO Announcement
M3 Property is excited to formally announce that Andrew Duguid has been appointed the new CEO following a nation-wide executive search. With more than 30 years’ property industry experience, Andrew Duguid has been a Director with M3 Property for over 20 years and has most recently held the positions of Interim CEO, Managing Director NSW …
M3 Property Announces National Promotions
M3 Property has announced its July 2024 promotions, with 14 employees nationally promoted into more senior positions. The promotions include Georgia McKay, Director, Rating & Taxation, and Andrew Cash, Director, Retail who have demonstrated exceptional dedication, leadership and expertise in their field. M3 Property Acting Chief Executive Officer, Andrew Duguid said, “We are proud to …
New South Wales Childcare Insight
Perfect storm for large growth in daily childcare rates This Childcare Insight for NSW offers perspective into the multiple market factors that are culminating to drive daily childcare rates higher, creating a flow-on effect into valuations for the sector. Click the link below to read the full insight M3 Property Insight – NSW Childcare May …
New Industrial Director Announced for M3 Property Victoria
Patrick Curran joins M3 Property as Director of Industrial, Victoria M3 Property announces the appointment of Patrick Curran as Director of Industrial, Victoria commencing 20 May 2024. With over 18 years’ industry experience in commercial real estate, including his most recent role as a commercial director, Mr Curran has conducted valuations across most asset classes, …
Melbourne CBD Office Insight
Green Star and NABERS Energy-rated buildings set to reinvigorate Melbourne’s office market Premium Melbourne CBD Office Supply Pipeline exceeds 230,000 sqm Premium-grade office buildings in Melbourne’s CBD with Green Star and NABERS Energy ratings are set to reinvigorate the city’s office market, according to the latest M3 Property research. There is 234,593 square metres of …
Victorian Market Snapshot H2 2023
Victoria’s property sectors continued to see low levels of transactional activity over the second half of 2023 as a result of the broader inflationary and high interest rate environment. However, over the course of 2024 we anticipate levels of activity to start to increase as a result of more confidence returning to the market off …
South Australian Market Snapshot H2 2023
Strong fundamentals in the South Australian property market, including steady demand, a stable economy and a lack of supply, continues to drive overall growth albeit with reduced transactional activity reflective of broader national trends. As confidence returns to the market, we anticipate transactional activity to increase moving into the second half of 2024. In our …
Queensland Market Snapshot H2 2023
The Queensland property market continues to see positive occupier demand, with growth expected across many sectors in 2024 underpinned by a healthy pipeline of infrastructure projects and strong population growth. Over the second half of 2023 the market saw limited transactions due to factors including inflationary headwinds, however, expectations between buyers and vendors should continue to realign …