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JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces, and sustainable real estate solutions for our clients, our people, and our communities. We want the most ambitious clients to work with us, and the most ambitious people to work for us. Join us.

08/09/2026

The evolution of large format retail from pure-play homemaker centres into highly diversified, one-stop shops for busy consumers is capturing the attention of global investors as transaction volumes defy economic headwinds.

In Australia, transaction volumes reached a record AU$2.06 billion in 2025. Momentum has continued through the first half of 2026 with $650.1 million in deals.

The risk that investors have historically perceived around large format retail is all but diminishing as the sector matures into a core institutional asset class. Record low vacancy, a resilient tenant mix and accelerating rental growth are drawing an increasing depth of capital, with the yield spread to regional shopping centres continuing to compress.

The likes of LaSalle, PGIM, QIC, Charter Hall and MLC Super have all acquired assets across the sector in recent years, reinforcing its transition to a core-plus, institutional-grade allocation.

Follow our posts over the next few days as we spotlight large format retail, covering vacancy, rents, yields, supply and tenant quality – and why LFR deserves a serious look in any retail-weighted portfolio.

For a copy of JLL’s latest in-depth report on the sector, email [email protected]

We are pleased to announce the appointment of Caitlin Uren as Managing Director, Victoria, as we position the business f...
02/09/2026

We are pleased to announce the appointment of Caitlin Uren as Managing Director, Victoria, as we position the business for its next chapter of growth.

In tandem with this new role, Caitlin will continue her position in our Capital Markets team as Senior Director, Superannuation and Sovereign Capital.

Caitlin brings a wealth of expertise to our Victorian leadership, backed by:
• More than 15 years of commercial property experience across Australia and the UK, spanning valuation, capital markets, and executive leadership
• Over a decade of dedicated tenure within JLL
• Deep, established relationships with Australian superannuation funds, sovereign wealth investors, and major property managers

This institutional perspective, combined with a strong track record of cross-business collaboration positions her perfectly to guide our Victorian clients and teams as the market recovers.

As Caitlin commences her new remit, Alan McKay, who has expertly served as interim managing director, will resume his focus on the substantial responsibility of leading our Project & Development Services (PDS) business.

Please join us in thanking Alan and congratulating Caitlin on her appointment.

28/08/2026

The full team, the full picture. From data-backed research to on-the-ground market expertise, our specialists gave investors the complete view of Melbourne's metro markets at State of Play.

Here’s a look inside the room.

McFarlane, Szakiel, Tran Dedrick, Healy, McCauley, Montague

Melbourne is entering its first major office supply hiatus since the 1990s, a historical shift with significant implicat...
24/08/2026

Melbourne is entering its first major office supply hiatus since the 1990s, a historical shift with significant implications for future rental growth.

At our recent Melbourne Metro: State of Play breakfast, Annabel McFarlane unpacked the latest research on where occupier demand is shifting, setting up a fantastic room-wide discussion.

Here are the three critical trends landlords and investors need to know:
• Melbourne is entering a four-year freeze on new office supply. The last time we saw a drought of this scale, it triggered a decade of double-digit annual rental growth.
• Positive effective rental growth is actively building across multiple Melbourne precincts this year.
• The gap between premium and secondary stock is widening. Top-tier, high-quality assets are commanding double-digit rental growth, while secondary assets face a much tougher climb.

Following the data, our panel got practical. We tackled the big questions keeping owners awake: How do you capture active tenant demand? What drives leasing velocity today? And how should you position your asset to win in a fragmented market?

A massive thank you to Matt Szakiel, Piper Dedrick, Richie Healy, and Connor McCauley for bringing on-the-ground insights, and to James Montague for leading the charge.

Want to dive deeper into the data?

Reach out to our team to get your copy of the full research deck or to discuss how these shifts impact your portfolio.

17/08/2026

It takes the right people paying close attention, day in and day out to turn a shopping centre into a thriving asset where people shop and communities meet.

That's what our retail team brings. We combine local expertise with tools like Property Assistant to help you see what's really driving your centre's performance, and where the next opportunity sits.

From the everyday running of your centre to finding the right tenant mix for changing shopper habits, our focus is simple: stronger returns for your retail assets, now and over time.

Speak with our team to see what that could look like for your properties. https://co.jll/4x5nfMC

16/08/2026

What are the sustainability questions we get asked the most from our clients? Julian Sutherland and Dr Georgia Warren-Myers share how we’re helping organisations minimise their carbon impact.

"We're proud to partner with University of Technology Sydney and the Women in Built Environment Network on a mentoring p...
14/08/2026

"We're proud to partner with University of Technology Sydney and the Women in Built Environment Network on a mentoring program that connects students with industry professionals. This partnership is about creating meaningful opportunities for the next generation in the built environment sector.

Our Project Manager Steph Elsafty, a former UTS student, is one of the mentors sharing practical insights with students navigating their transition from university to industry. As she notes: "Mentoring is rewarding because you get to share your experiences, offer advice, and help someone build confidence as they find their own path."

Read Steph's full insights and discover the impact of meaningful mentorship in the built environment - https://co.jll/3RM3kD1

"The swift evolution of "quantum real estate" has transformed a once-unfamiliar concept into one of the market's most ra...
13/08/2026

"The swift evolution of "quantum real estate" has transformed a once-unfamiliar concept into one of the market's most rapidly emerging asset classes.

This specialised sector represents the physical infrastructure required to operate quantum computers, with these systems demanding extreme environments like cryogenic cooling, electromagnetic shielding and vibration isolation.

Australia is at the forefront, with emerging hubs in Sydney, Melbourne and Brisbane already anchoring these deep-tech facilities. As commercialisation accelerates, securing positions near our world-class university talent will define future property value.

Click the link to discover the future of quantum real estate and the strategic opportunities emerging across Australia: https://co.jll/4wwe4nb

We are looking for the next generation of capital markets talent.If you are a student or recent graduate – or know someo...
13/08/2026

We are looking for the next generation of capital markets talent.

If you are a student or recent graduate – or know someone who is – and curious about commercial real estate, come and work with us.

Our new Capital Markets Academy gives participants the opportunity to work alongside experienced advisors, get real deal exposure and build the skills that matter in real estate capital markets.

This program is genuinely one of the best ways to break into the industry.

The academy covers everything from investment sales to debt advisory and capital raising, with mentorship and hands-on learning. It's designed for people who want to hit the ground running and build a genuine career in real estate.

We've been spreading the word with students at University of Sydney, RMIT and QUT and we love the energy and questions we're getting.

Applications close 31 August.

Find out more via the links below.

📍 Sydney: https://co.jll/4ws91UR

📍 Melbourne: https://co.jll/4x7vBmL

📍 Brisbane: https://co.jll/4xu8NgE

12/08/2026

Cost benchmarks for office fit-outs can vary by up to 40%, and the deciding factor isn't finish quality or location.

It's typology: the strategic configuration of how spaces are distributed to align with actual work patterns. With demand for enclosed, acoustically private spaces accelerating, this early planning decision has never been more critical.

Alana Hannaford, Head of PDS Advisory, explains why getting typology right from the start matters more than ever.

See how typology choices impact your budget in our Australia and New Zealand Fit-Out Cost Guide 2026: https://co.jll/4wHr7T3

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