Graham Postma, National Head - Office Leasing at Savills Australia says nationally, all office leasing markets continue to face challenges around COVID 19, lockdowns, and flexible working arrangements.

Savills plc, the international real estate advisor, today announces its unaudited results for the six months ended 30 June 2021.

A local investor has purchased a modern retail freehold on Sorrento’s main street at 141-147 Ocean Beach Road, Sorrento VIC for $4.85 million on a 1.57% yield. 

Savills Australia has appointed Joe Phegan as Managing Director - Victoria, in addition to his current role as National Head - Valuation and Advisory.

In the first half of 2021, rental prices across the 30 cities in the Savills World Cities Index posted an average increase of 0.5%. This follows a fall of -1.8% over 2020 as global restrictions on travel reduced demand and increased supply of property with former tourist short let apartments, movin...