Brisbane Fringe Office Briefing: Q2/2019
We are pleased to release the Q2/2019 Office Briefing Notes for the Brisbane Fringe, which outline key metrics across each market along with detailed commentary on leasing, sales and development activity.
- Savills recorded $820.5 million of Brisbane Fringe transactions over the 12 months to June 2019, which was 53% more than the record set in the previous period
- Domestic funds and trusts dominated the market with 90% of total reported transactions in the current annual period
- With only one development due for completion in 2019, there is little supply projected, which should protect rents at their current levels and perhaps even drive an increase