Carolyn Cummins

Limited space and strong demand will see a significant push to develop high-rise industrial warehouses in major cities across the next three years, major investors have said.

Company managers who remain optimistic about staff returning to work are being dealt a worrying blow as office vacancy rates stay stubbornly high.

Cost-of-living pressures show no favours, with the ultra-rich tightening their belts as demand slumps for high-end art, upmarket jewellery and handbags, and collectable cars.

The cost of living crisis facing most Australians is not slowing sales for global luxury retailers.

Despite investment deal volumes in the industrial property sector slumping by 26 per cent in the past 12 months, agents predict the growth of internet shopping and data storage will send transactions soaring next year.

Private developers Central Element, with joint venture partner Boston Global Group and the Golden Age Group, are taking advantage of the busy hotel sector with two major assets in Sydney being offered for sale.

Renewable and electric technologies and other sustainable industries will underpin the future demand for industrial property, according to a new report by a leading real estate services company.

The popular eastern suburbs watering-hole is on the market as its owners focus on its Sydney northern beaches portfolio.

Upmarket apartment homes that are managed by luxury hotel chains, are gaining momentum as developers and buyers recognise the lifestyle and investment benefits.

Upmarket apartment homes that are managed by luxury hotel chains, are gaining momentum as developers and buyers recognise the lifestyle and investment benefits.