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Jun 26, 2024
Deals
Sold
Caltex service station & Vibe convenience store sold by JLL

Lot 104 Russell Road Henderson, a new Vibe convenience store, 24-hour Caltex truck and car fuel station sold by JLL agents Brett Mathanda and Sean Flynn on behalf of Accord Property.

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Jun 20, 2024
Deals
Sold
Adelaide’s landmark Westfield Tea Tree centre acquired for $308 million by Scentre Group and Barrenjoey - CBRE 

Scentre Group has established a jointly managed fund with investment bank Barrenjoey Private Capital to purchase a 50% stake in Adelaide’s Westfield Tea Tree Plaza and the adjoining Tea Tree Plus for $308 million exclusively negotiated by CBRE’s Head of Retail Capital Markets – Pacific, Simon...

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Jun 20, 2024
Markets
Market Overviews
Profiles
Dexus office portfolio valuation decreased circa 11.3% 6 months to June 2024

Dexus today announced that 170 of its 1761 assets, comprising 30 office properties and 140 industrial properties have been externally valued as at 30 June 2024. The value of the office portfolio decreased circa 11.3% whilst industrial portfolio decreased by circa 1.2%.

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Jun 19, 2024
Design
Interiors
Sustainability
Markets
Market Trends
Market Overviews
Technology-based layout optimization cuts operating costs by 40% - JLL

JLL research shows that using AI-driven technology to optimise building operations can deliver significant savings says Nick Moore from JLL’s Work Dynamics - Australasia.

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Jun 18, 2024
Markets
Market Overviews
Data centres: the next big commercial alternative asset class - RWC

Data centre investments in Australia surge with over $13.6 billion in new constructions, making it the seventh largest global hub says Vanessa Rader, RWC Head of Research.

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Jun 11, 2024
Profiles
Agents and Agency
Colliers to acquire leading engineering firm, Englobe

Colliers (NASDAQ, TSX: CIGI), announced today it has entered into a  definitive agreement to acquire Englobe Corporation (“Englobe”).

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Jun 11, 2024
Markets
Market Overviews
Tapping into Growth: Mildura's Commercial Property Market on the Rise by Burgess Rawson

By Wendy Thomson, Burgess Rawson General Manager - Victoria.

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Jun 8, 2024
Deals
Leased
Regional Victoria Childcare Centre leased 3.5 hours from metro Melbourne - CBRE 

Warrnambool childcare centre leased off the plan by CBRE’s National Healthcare and Social Infrastructure team of Sandro Peluso, Marcello Caspani-Muto and Jimmy Tat this time in regional Victoria. 

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Jun 6, 2024
Profiles
Knight Frank appointed to manage Sim Lian – Metro Capital Pte Ltd Australian portfolio

Knight Frank’s AMS team in New South Wales announce their appointment to manage Sim Lian – Metro Capital Pte Ltd (SLMC)’s portfolio.

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Jun 5, 2024
Deals
Sold
Karratha City shopping centre sold $95.9 million off market by CBRE

Vicinity and Challenger have entered into an agreement with Fawkner Property to sell Karratha City shopping centre located in the Pilbara region of Western Australia. CBRE’s Pacific Head of Retail Capital Markets Simon Rooney negotiated the off-market sale campaign on behalf of vendors. 

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