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2 stories from 1 source

Wednesday, October 7, 2026

Day’s Recap is unavailable for this topic and date. Feel free to go through our curated list of stories below.

Other Developments

A curated list of other prominent stories from this day.

9:20 PMPropertymarkets News

Kumho Tyre Australia Secures New Distribution Facility in Melbourne’s South-East

Summary

Kumho Tyre Australia has signed a 10-year lease for a new 17,250-square-metre distribution facility in Pakenham, Melbourne’s south-east.

The long lease gives Kumho a substantial logistics base while locking in a major occupier

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Why it matters

A 10-year commitment signals durable occupier demand for well-located industrial facilities beyond Melbourne’s inner logistics hubs.

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12:38 AMPropertymarkets News

Perth CBD Office Vacancy Set to Halve by 2030

Summary

Perth CBD office vacancy is forecast to fall to 8% by 2030, driven by strong tenant demand and an unprecedented shortage of new supply. The outlook comes from Knight Frank's latest Perth CBD Office Market Report.

The market is shifting from oversupply toward scarcity as demand strengthens while few new offices

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Why it matters

Perth's office market could move into a landlord-favouring cycle, reshaping rents, asset values and development incentives.

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