Kumho Tyre Australia has signed a 10-year lease for a new 17,250-square-metre distribution facility in Pakenham, Melbourne’s south-east.
9:20 PMPropertymarkets News2 stories from 1 source
Wednesday, October 7, 2026
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Other Developments
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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.
12:38 AMPropertymarkets News9:20 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
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
A 10-year commitment signals durable occupier demand for well-located industrial facilities beyond Melbourne’s inner logistics hubs.
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
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Perth's office market could move into a landlord-favouring cycle, reshaping rents, asset values and development incentives.
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