Sydney and Melbourne leading two-speed office economy, says LJ Hooker
Sydney and Melbourne’s CBD office markets continue to underline the nation’s two-speed economy, but floorspace is being absorbed in resource-rich states, according to LJ Hooker Commercial’s recently released Office Market Monitor.
Sentinel secures CBD office building for $103 million
Sentinel Property Group has completed the largest acquisition in its history with the unlisted real estate investment trust (REIT) purchasing a fully leased, prime positioned Brisbane CBD office building for $103 million in a deal negotiated by CBRE.
$120m Inner City portfolio to hit the Sydney market
Four high profile assets within Sydney’s downtown precinct of Chippendale, Darlinghurst and Ultimo are set to hit the market through Savills Australia.
