Office

Demand for CBD Office Space remains strong, Despite Pandemic

Demand for CBD office space has remained strong across Australian capital cities with the office sector showing resilience in the face of bleak predictions caused by the pandemic. According to the Property Council of Australia’s latest Office Market Report, tenant demand lifted an average 0.5 per cent across the country’s CBDs.

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The power of prime in the Core precinct

JLL Research’s 2Q22 statistics on national office markets show the outperformance of prime to secondary office stock in Sydney, reflected in the take up of Prime Grade* space.

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Charter Hall Finalises Southern Cross Office Deal

Charter Hall Group has confirmed that the Charter Hall Prime Office Fund has acquired 50 per cent of the landmark Southern Cross Towers precinct in the prestigious “Paris End” of Melbourne’s CBD, from Brookfield and Blackstone.

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Post lockdown office expansions and upgrades drive national soar in demand

Demand for office space increased by 11 percent for H1 2022, with enquiries for over 1.622 million metres squared, driven by a post lockdown appetite for the over 3,000 square metres market in particular, with an additional 61,000 square metres enquired for in H1 2022 compared to H1 2021, Colliers Office Demand Index reveals.

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HThree and Co-Investor Acquire 330 Collins Street

HThree City and its co-investor City Developments Limited have acquired 330 Collins Street, a freehold commercial office tower in Melbourne, for A$236 million from an AMP Capital separate account.

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