With student numbers growing and a solid development pipeline in place, the outlook for Australia’s Purpose Built Student Accommodation (PBSA) sector is positive.
In the current market, characterised by low interest rates and reluctance to sell property, the prospect of an asset swap may have higher appeal.
Hong Kong and London retained their spots atop the world’s priciest premium office markets while New York replaced Beijing in the third spot.
New era for America can provide dynamic impetus to Australia’s hotel and tourism sector as leisure market drives Queensland development.
An increasing office development pipeline is beginning to result in a moderation in rental growth, a situation which will continue into 2017.