• Top performers were Melbourne and Perth, registering quarterly net effective rent (NER) growth of 3.5% and 3.4% respectively
     
  • Sales volumes for H119 came in at $8.5 billion across 87 transactions, a ~21% increase on H118 volumes of $7 billion
     
  • Cost of debt to investors has in many instances fallen to sub-3% in part due to the recent interest rate cuts
     
  • Sydney leasing activity for the first 6 months of the year stands at over 155,000sqm across ~140 leases
     
  • Melbourne leasing activity for the first 6 months of the year stands at over 71,000sqm across ~64 leases
     
  • Vacancy is expected to remain flat for all major CBD markets when PCA release Q2 figures over the next fortnight