Author: pullinen

Pullinen Property Group / Articles posted by pullinen

Testing The 7 Minute Walk

We recently highlighted Propella.ai’s isochrone – the 7-minute walk. This catchment area represents the likely maximum distance that workers will commonly walk from their office for most of their daily needs such as lunch, convenience items and personal services. Naturally, the shape, size, and topography...

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State of the Market: Adelaide

It was a busy week last week with Adelaide and Melbourne having back to back State of the CRE market panels. Adelaide was represented by Zandra McGee of CBRE and Rick Warner of JLL and the discussion focused on the Adelaide office market and the...

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State of the Market: Melbourne

Last stop on the national Corenet State of the CRE Market panel circuit was Melbourne represented by Jess van Raay of JLL and Cameron Douglas Perrine of CBRE. Melbourne CBD is a huge office market and only about one A Grade office building smaller than the...

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State of the Market: Perth

It is always nice to get back to Perth and moderate the Corenet Global State of the CRE market panel for Perth. The Panellists were Alyson Martinovich of Knight Frank and Damian Stone of Y Research and the discussion focused on the Perth office market...

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State of the Market: Sydney

Last week was the Corenet Global State of the CRE market panel for Sydney with panellists Sarah Brown of CBRE and Dominic Brown of Cushman & Wakefield. It was a privilege to moderate the discussion on the Sydney office market and the trends affecting occupiers. The...

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7 Minute Walk

Recently we caught up with Callan Cameron, Director, and Founder at Propella.ai. We love their human centric approach to data, such as determining that the typical retail catchment area for a CBD building is roughly a 7-minute walk in any direction. It’s called an “isochrone’,...

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Brisbane CBD Office Market Takeaways

It was a pleasure to moderate the CoreNet Global State of the CRE Market panel in Brisbane last week with panellists Laura West of White Partners and Tom Broderick of CBRE. The focus was the Brisbane CBD office market and the trends that are (or...

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Are Fitted Suites So Fitting?

“Spec”, “as new”, “retrofitted”, “existing”, “partial”, “ready-to-occupy”, “move-in ready”, …. fitout. Anyone involved in the CRE office market at the moment is bombarding or bombarded with spec fitouts (brand new) or existing fitouts (not brand new). All are “fitted” suites. There are many really good quality...

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Australian Capital CBD Office Markets Update

The Property Council of Australia released the office vacancy figures last week. According to their figures, total National Office vacancy increased to 14.8%, CBD vacancy increased to 13.5% and non-CBD vacancy increased to 17.9%. Overall, the markets remain soft and it looks like this will...

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Flight to Value

Flight to quality has been the most commonly used term in the commercial real estate industry for quite some time. Flight to quality is about tenants upgrading office premises; moving to better quality buildings, from A to Premium, B to A and so on. To...

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