A fully-tenanted Newcastle office building at 18 Honeysuckle Drive is expected to generate strong interest following its release to the market this week.
Melbourne leads CBD markets globally for yield compression for past three years, says report
The Melbourne CBD recorded the greatest yield compression throughout the past three years across CBD office markets globally, according to Savills' latest Impacts report.
Bay Street shops sell for $3.6 million in off-market deal
The off-market sale of two adjoining shops in the Victorian suburb of Brighton for $3.6 million shows that investors continue to harbour strong interest for Bay Street retail property, according to Fitzroys.
Sale shows childcare centres remain asset of choice for Victorian investors
The off-market sale of a new Ballarat childcare centre highlights the strong demand for income-producing assets with long-term leases in Victoria, according to Savills Australia.
LJ Hooker Commercial Perth enhances its management offering
LJ Hooker Commercial Perth has boosted its property management division with the appointment of Senior Facilities Manager Stephen Davey and Senior Property Manager Angie Menna.