Sector

Five things to consider before investing in office property

Three years of pandemic life have completely transformed the office market. We have seen the demands of tenants changing drastically, with new trends emerging among them. Amid this shifting landscape, those wishing to invest in or manage office property may be wondering where to start.

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The Hive moves into Milton House on Fitzroy Street

One of Asia’s largest co-working organisations, the (ok) Hive, has agreed terms on a management agreement to occupy the three upper levels of the historic,1880s constructed, Milton House on one of Melbourne’s most celebrated boulevards, Fitzroy Street in St Kilda.

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Burwood VIC, Aged Care Home Offers New Opportunity

A vacant Burwood Aged Care home is poised to continue the asset classes strong deal flow activity into the new year with the owner operator acting to divest the property and it’s surrounding land parcels which was decanted in December of 2022.

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Charter Hall secures 10-year pre-commitment lease with Allianz at 555 Collins St, Melbourne

Charter Hall announces Allianz Australia has pre-committed to relocate its Melbourne headquarters to 555 Collins Street – part of a new $1.5 billion, twin-tower, state-of-the-art office precinct in Melbourne’s CBD – from December 2023 on a 10-year lease.

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2023 off to a strong start as Major Regional Shopping Centre hits the market

A 50% interest in a dominant Major Regional Shopping Centre has been put up for sale. JLL’s Nick Willis and Sam Hatcher have been exclusively appointed on behalf of an AMP Capital managed fund to sell its stake in Stockland Townsville shopping centre, via an International Expressions-of-Interest campaign.

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