Knight Frank Australia's Sustainability Division Appointed by Commonwealth Bank
CJ Harshana Wijewardane, Knight Frank Australia’s National Head of Sustainability & Technical Services said,”It’s great to be collaborating with Commonwealth Bank in a partnership that has such a positive purpose and aligns so closely with our values of collaboration, partnership, and making...
London, New York provide post-pandemic roadmap for Australian cities - Savills Report
New data shows commercial vacancy rates of key northern hemisphere cities are inversely impacted by vaccination rates: as vaccination goes up, mobility increases, investment increases and commercial vacancy declines.
CBA supports Charter Hall with Australia’s first Green Development Loan
Commonwealth Bank recently served as sole financier and green coordinator on what is expected to be Australia’s first-ever Climate Bond Initiative-certified Green Development Loan, supporting Charter Hall Group’s 480 Swan Street development in Richmond, Victoria.
Perth offices are being snapped up as confidence returns to the market - Ray White Commercial (WA)
Western Australia’s stringent border control and minimal lockdowns have been instrumental in bringing the workforce back to Perth’s CBD and West Perth, boosting the city’s office markets.
Tenants space use demands have changed, and landlords are listening says JLL Perth
Scales still tipped in favour of tenants - Perth’s office vacancy remains at over 19%, despite a strong WA economy and an uptick in leasing activity says Andrew Campbell JLL Head of Tenant Representation (WA).
Pallas Capital underwrites $1 billion in transactions; records $653 million transactions in the last year
“CRE lending, funded by private investors, established itself in the US and Europe many decades ago. It seems clear that it will become a very large asset class here in Australia over the next few years,” says Patrick Keenan, Chairman, Pallas Group.
Strong pricing for industrial assets, and balance sheet management, drives upsurge in corporate asset sales - Knight Frank
Over the past year, deals involving a corporate seller have increased signifcantly in the share of total commercial investment volume in Australia. The increase has predominately been driven by ‘sale and leaseback’ deals as corporates look to rebalance and repair their balance sheets in the wake...
Regional markets witness a shift in momentum - Savills
Demand for commercial assets positioned in key regional hubs like Newcastle, Gosford and Wollongong has risen dramatically says Ollie Ridley Associate Capital Transactions at Savills Australia due to a significant shift in working practices and a focus on flexible and remote working.
North Sydney offices see strengthening tenant demand in A Grade space
Tenant demand for A-grade office space in North Sydney is on the rise, with one building seeing four occupiers commit in the month of June alone. The deals, which were negotiated by Euan Matheson of Knight Frank and Dan Walker of Colliers International, were concluded within the range of between...
