Advance - International Towers Sydney, March 2013
The Sydney CBD is a global finance centre. The accommodation requirements of tenants in the financial and professional services industry sectors are evolving. Sydney's stock, however, is ageing. Almost 50% of stock is in excess of 30 years old. Increasingly, Sydney's building stock reflects the design and characteristics of the 1980s or earlier.
New development activity, including International Towers Sydney, is re-shaping Sydney's future. In this paper Jones Lang LaSalle provide a medium and long-term demand outlook and the impact on vacancy rates as new developments reach practical completion.
Global Market Perspective - Q2, 2013
It has been an encouraging start to the year. Investor sentiment is improving and volumes of transactions have been higher than expected. Buyers are displaying a greater tolerance for risk; they are moving into ‘secondary’ cities and are now targeting core-plus and value-added assets.
However, the global leasing markets are showing a more ambivalent picture. While there are encouraging signs of increased leasing velocity in the United States, this is in contrast to more muted corporate demand in Europe and reduced leasing volumes in Asia Pacific.
Global Capital Flows Report - Q1, 2013
After such a busy end to 2012, when volumes surpassed US$150 billion for Q4, a drop off in volumes in the first quarter was to be expected.
However, the US$105 billion that we have recorded in our numbers is a healthy 20% higher than the first quarter of 2012 and points to further growth in transactional volumes in 2013, over and above the US$449 we recorded for the full year 2012.