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IRREPLACEABLE FREESTANDING MEDICAL INVESTMENT IN THE HEART OF ELSTERNWICK 15 YEAR LEASE PLUS OPTIONS TO 2057
CBRE Australian Healthcare & Social Infrastructure is delighted to present …
RECENT
CBRE To Launch National Vacant Aged Care & Retirement Portfolio Across Australia’s East Coast
CBRE’s Australian Healthcare and Social Infrastructure team is set to launch it’s eighth portfolio offering in the past 24 months.…
HealthCo REIT’s inaugural year exceeds IPO Forecasts
HealthCo Healthcare & Wellness REIT released its results for the full-year ended 30 June 2022 delivering in excess of its…
Mirvac Grows Operating Profit by 8% per security
Mirvac Group released its full-year result for the financial year ended 30 June 2022, delivering a strong result ahead of…
Service station with approval for a residential development snapped up
A service station underpinned by development approval in southern Sydney has been sold for the first time in more than…
Arena REIT increases earnings by 7.2% in FY22
Arena REIT has announced a net operating profit for financial year 2022 of $56 million, an increase of 8.4% on…
Former Golden Century site sold
Savills and JLL have sold the vacant site in the humming Haymarket precinct to an undisclosed purchaser, representing one of…
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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…
Charter Hall commits to $85m Bankwest Place refurbishment
Charter Hall has committed to the major redevelopment of Bankwest Place due for completion in 2025. Charter Hall purchased the 22-storey prime office building at 300 Murray Street along with…
Commercial property lease terms fall in pandemic with vacancy risks up
The latest WALE (weighted average lease expiry) figures from commercial property management software company Re-Leased have shown a decline since the start of the pandemic, as business confidence falls. Re-Leased’s…
Development Surge Underpins Brisbane Riverfront Tower Sale
Australian based funds management company Aviator Capital has purchased a riverside office asset in Brisbane’s fast-changing North Quarter precinct from Kyko Group for circa $50 million. The 10-level CBD office…
RETAIL
Brisbane outstrips stereotypes with a high-end retail boom
As the dust settles on what has been a volatile few years for the Australian retail market, a new landscape has formed in Brisbane. Whilst widespread lockdowns were felt around…
New $40m Retail Centre in Howrah now complete
Construction on Tipalea Partners’ brand new $40 million Glebe Hill Village retail centre has officially reached completion, delivering the first new neighbourhood shopping centre in metropolitan Hobart in over a…
Commercial property lease terms fall in pandemic with vacancy risks up
The latest WALE (weighted average lease expiry) figures from commercial property management software company Re-Leased have shown a decline since the start of the pandemic, as business confidence falls. Re-Leased’s…
NZ 100-store premium outlet shopping centre named and design details revealed
Development of a $200million-plus premium outlet shopping destination has reached another construction milestone, as Auckland Airport unveils detailed plans for the 100-store retail centre. In March Auckland Airport announced…
INDUSTRIAL
JLL sells two WA industrial development sites off-market as owner-occupier demand continues
Two industrial development sites at 92 Bedford Crescent, Forrestfield ($7.0m) and 24-26 Ewing Street, Bentley ($6.0m) has been sold off-market by JLL’s Director, Logistics & Industrial, Andrew Fife and Associate…
Centennial and MaxCap lodge DA with Brisbane City Council for $90m ‘inner-ring’Industrial & Logistics park
Leading Australian property fund manager Centennial has completed the strategic acquisition of three adjoining sites in Brisbane’s inner southern suburb of Willawong for a combined purchase price of $14.35M, in…
RF CorVal Acquire Hemmant Industrial Land
As developments of several major land parcels within the TradeCoast commences, hardstand industrial assets are becoming extremely scarce, creating pent up investor demand for hardstand sites across the East Coast.…
Commercial property lease terms fall in pandemic with vacancy risks up
The latest WALE (weighted average lease expiry) figures from commercial property management software company Re-Leased have shown a decline since the start of the pandemic, as business confidence falls. Re-Leased’s…
DEVELOPMENT
Service station with approval for a residential development snapped up
A service station underpinned by development approval in southern Sydney has been sold for the first time in more than 40 years. The property at 41 Broadarrow Road in Narwee…
Former Golden Century site sold
Savills and JLL have sold the vacant site in the humming Haymarket precinct to an undisclosed purchaser, representing one of the largest vacant possession transactions in Sydney CBD in the…
Bamfa Reveals Plans for $350m Office Project in Burnley
Private developer, Bamfa Properties has submitted plans to the City of Yarra for a $350M, office project at 484-488 Swan Street, Burnley. It comes following the developer’s sale of neighbouring…
Centennial and MaxCap lodge DA with Brisbane City Council for $90m ‘inner-ring’Industrial & Logistics park
Leading Australian property fund manager Centennial has completed the strategic acquisition of three adjoining sites in Brisbane’s inner southern suburb of Willawong for a combined purchase price of $14.35M, in…
