"Welcome to Volume 3 of our weekly wrap of news and commentary impacting Australia’s property markets. "

"Whilst each of the State Capitals may sit in different positions in terms of the market cycle, nationally the office sector produced strong results in 2019 and is showing positive sentiment in the early stages of 2020. "

"Value add office properties are a big hit with investors. A number of factors in the national economy make office properties with high development potential a sought-after commodity for investors.   "

"Adelaide is continuing to experience sound demand from institutional and overseas investors."

"The Indian economy, which registered impressive growth ranging from 6% to 8% per annum in the last couple of years, is experiencing slow movement at present."

"The long-awaited tender for the commercial site above the West Kowloon Terminus was announced in late November, with Sun Hung Kai emerging as the winning bidder with a premium of HK$42.232 billion, beating off competition from Cheung Kong and a Henderson-led consortium. "

"Stock of office space in Greater KL, the single largest office market in ASEAN, stands at approximately 126 million sq ft, with the completion of four new office buildings contributing 1.08 million sq ft in 1H/2019. "

"The issues confronting Hong Kong over the past five months have caused corporates to begin to consider alternatives. In the office market, questions are being asked as to whether companies in Hong Kong are planning any wholesale or partial relocations to Singapore. Whether this will or will not happen will clearly have a significant impact on the performance of our local office market in 2020. "