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Australia ranks in top 10 in global Skyscraper Index

Property Markets / Outlook

Australia

Sep 30 2017

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Carolyn Cummins, The Sydney Morning Herald

Sydney and Melbourne rank high in the latest global Skyscraper Index, coming in at sixth and 15th respectively, according to Knight Frank's Global Cities 2018 report.

The Skyscraper Index, which examines the rental performance of commercial buildings over 30 storeys, shows that upper-floor prime rents in Sydney's skyscrapers grew by 3.4 per cent in the six months to the second quarter of 2017 with rents at $US1149 ($1470) per square metre per annum.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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