Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1}
strong-demand-dominating-the-australian-commercial-property-sector strong-demand-dominating-the-australian-commercial-property-sector

Strong Demand Dominating the Australian Commercial Property Sector

The team at Cushman & Wakefield Valuation and Advisory have compiled a summary of key 2018/2019 institutional transactions across the Sydney CBD, North Sydney and Metropolitan commercial markets.
The team at Cushman & Wakefield Valuation and Advisory have compiled a summary of key 2018/2019 institutional transactions across the Sydney CBD, North Sydney and Metropolitan commercial markets. The aim of the document is to provide the reader with a snapshot of the key sales in each market and then further expand upon each sale (via a one page summary for each property) outlining the key investment metrics and drivers of the transaction.

Over the last 12 months, there has been continued strong demand within the commercial property sector (within these markets) in terms of investment activity and tenant demand. The commercial sales summary provides a snapshot of key investment metrics over 2018/19. In particular it highlights the tightening (albeit stabilising) yield bias within the Sydney Metropolitan market and the general convergence of yields between asset grades and locations.

A prime example of this is within North Sydney where the differential yield spread between A and B grade assets has narrowed to as little as 25 – 50 basis points. This differential has proven to be even tighter in some instances within the Sydney CBD. The Parramatta office market continues to perform strongly, reflecting investment metrics generally aligned with those of North Sydney. Meanwhile, sales in non-core Sydney Metropolitan markets have also reflected tightening yields as competition exists between purchasers moving up the risk scale in search of yield. All these factors highlight the convergence story and the relative point in cycle.

This report has been collated as a centralised point of analysis of the key sales. We hope it will be of assistance to both investors and owners alike in summarising recent benchmark investment activity.

To stay on top of all the very latest in Australian commercial market activity, keep a close eye on our dedicated valuations and advisory hub.

Related Insights

H2 2023 Government Land Sales Programme
Insights • Economy

Cushman & Wakefield Comments on H2 2023 Government Land Sales (GLS) Programme

The Government today announced the Government Land Sales (GLS) Programme for the second half of 2023, which comprises eight Confirmed List sites and nine Reserve List sites. 
Xian Yang Wong • 21/06/2023
Innovative Turnkey Retail Creates A Win-Win Solution-750

Innovative Turnkey Retail Creates A Win-Win Solution

Retail sales remain below pre-pandemic levels (Chart I), as footfall in malls continues to be hit by an ongoing capacity limits, border controls and work from home arrangements. From dine-in bans to the cap on group sizes, restrictions in the F&B sector have dealt an even greater blow to the retail industry as F&B establishments are integral to draw traffic to any retail sites.

Bernadette Gan

Related Stories

Dexcom Philippines New Office Fit-out Project
Dexcom Philippines • Healthcare
Learn More
Cushman & Wakefield Stories Philippines Inc. • Travel
Learn More
Cushman & Wakefield Stories
OMD Philippines • Advertising
Learn More
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All