Budget 2023-24: Which commercial real estate sectors reap the rewards? - Colliers
While the Federal Budget announcement emphasises support for affordable housing, health, and aged care, Colliers unpacks the real impact for relevant commercial real estate sectors.
Day 2 of Burgess Rawson’s Portfolio Auction success highlighted by Goodyear Autocare investment sold on 3.75% yield
Burgess Rawson Portfolio Auction 160 Melbourne event achieves $37.272 million in sales taking the Sydney and Melbourne combined amount to $72.5 million. Both days achieved success rates of 74% said, Burgess Rawson CEO Ingrid Filmer.
Which sub $5 million assets are commercial investors buying?
Australian Commercial and Industrial assets recorded $17 billion in sub $5 million sales during the year to May 2023 - so what have been the assets of choice? Reveals, Vanessa Rader, Head of research, Ray White Commercial.
Australians’ appetite for luxury retail and fine dining continues to soar despite interest fears - Colliers
Australians’ have spent 27% more on Dining and Restaurant experiences during the year’s first quarter compared to 2022 with millennials leading the way.
Office landlords will be closely awaiting the outcomes of tomorrow’s Federal budget to see how the Government’s fiscal priorities influence the ACT’s workforce.
International students flock to Melbourne in strong rebound from pandemic levels
Leading commercial real estate agency, Lemon Baxter has today reported demand with data, noting an increasing number of international students currently choosing Melbourne as their place to study.
Trophy Ascot supermarket by Ray White’s Retail Investment Team - withstands cash rate pressure
IGA Marketplace Ascot sold under the hammer $12.1 million. Marketed by Ray White Commercial QLD agents Michael Feltoe and Lachlan O’Keeffe, the property transacted on a yield of 4.88 per cent.
MPG Divests Melbourne Mall in First Victorian Neighbourhood Transaction of 2023 - JLL
Village Lakeside Shopping Centre sold on behalf of MPG Funds Management Ltd, who own the asset in their MPG Retail Brands Property Trust. Coles leased supermarket sold to offshore Private Investor by JLL’s Stuart Taylor, Tom Noonan and MingXuan Li.
Five childcare development sites sold in 30 Days as demand skyrockets - Ray White
Five childcare sites sold in just 30 days in Sydney’s western suburbs, to a total of $14.265 million. Located at Rooty Hill, Bankstown, Guildford, Auburn and Toongabbie,...
Landmark report reveals hybrid working can reduce carbon emissions by 70% to 87%
Hybrid working can facilitate major carbon savings and has the potential for significant impact on the climate crisis, according to a new study by IWG and Arup.