Australian Property Markets News Better Informed. Better Decisions Chinese developer Hengmao has divested its Maribyrnong site at 19-21 White Street, in line with continued demand for permit-approved sites.
Read More »Hengmao exit Maribyrnong project
Sector
Southwest Sydney warehouse sells after major interest
A local owner occupier has purchased a 4,082sqm industrial freehold warehouse from Happy Time Investment Pty Limited in a deal worth above $9.5 million.
Read More »CBRE LEADS THE WAY AT AUSTRALIAN CHILDCARE ALLIANCE SUMMIT
On Friday 1st April, CBRE’s Australian Healthcare and Social Infrastructure team was proud to be involved in the Australian Childcare Alliance (ACA) Summit as an exclusive commercial real estate partner and sponsor.
Read More »Abacus Sell St Kilda Rd Asset for $49m
Abacus Property Group has simultaneously exchanged and settled contracts to dispose of a 50% interest in 464 St Kilda Road, Melbourne VIC to co-owner Wing Tai.
Read More »Sub 1% Vacancy Rate Drives Industrial Leasing Deals in Melbourne’s West
A private development syndicate has capitalised on the low industrial vacancy rates in Melbourne’s west by leasing three adjoining Truganina office/warehouses prior to practical completion.Â
Read More »Leading Canberra Shopping Centre Listed for Sale Following Record Year for Shopping Centre Investment Activity
Leading private Australian property group Vinta is moving to sell the strongly performing Marketplace Gungahlin shopping centre in Canberra with price expectations of more than $400 million
Read More »Mirvac calls for an overhaul in the way we measure the value of office space
Mirvac are calling for an update to the outdated metrics defining office spaces, as hybrid styles of working become the norm across many Australian offices in the wake of COVID-19.
Read More »3,000+ square metres of office space snapped up in Brisbane CBD building
More than 3,000sqm of office space in Brisbane CBD building 127 Creek Street has been taken up in the last three months as demand heats up for quality fitouts and tenant- oriented spaces.
Read More »Office Leasing Surge at Melbourne’s M-City
Schiavello Group has leased over 8,000qm of office space in under four months at its new $1 billion M-City complex in Melbourne’s south-east.
Read More »Fortis acquires Bronte site for $125 million residential project
Fortis has acquired its first site in Bronte for $44 million. Offering breathtaking views of the ocean, the site is located at 122-128 Hewlett Street.
Read More »MaxCap Group Funds Homecorp Property Group’s $150 million Eve Residences at Labrador
MaxCap Group, Australia’s leading real estate financier has arranged a first mortgage construction funding facility for a luxury residential development on the Golden Mile strip of Labrador, continuing its strong growth trajectory in Queensland.
Read More »Prestons logistics asset transacts for $58.255 million at 3.35%
A premium institutional-grade logistics facility in the heart of Australia’s supply chain network has been acquired by Pittwater Industrial for $58,255,000, at a yield of 3.35%
Read More »Charter Hall and Cbus Property secure lease extension with BHP
Charter Hall Group and Cbus Property have secured a seven-year lease extension with BHP Group Limited (BHP) at 171 Collins Street in Melbourne
Read More »Construction underway at Mirvac’s Auburn industrial estate switchyard
Construction has commenced at Mirvac’s new 14-hectare industrial estate at 300 Manchester Road Auburn (known as Switchyard) today, a state of the art last mile logistics facility set to provide over 700 construction jobs, and 1,000 permanent jobs once completed.
Read More »Construction commences on Frasers Property’s first Build-to-Rent project in Fortitude Valley
Frasers Property Australia today commenced construction of its Build-to-Rent development in Fortitude Valley, Brisbane, to be known as Brunswick & Co.
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