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.
50-year tenant history Adelaide office building for sale by CBRE
The long-term home of prominent South Australian legal firm Tindall Gask Bentley (TGB) 76 Light Square for sale amid strong ongoing demand for well leased Adelaide office assets for sale CBRE Alistair Laycock and Ian Thomas on behalf of a private investor.
Dexus takes 49% in Capital Square Tower 11 Perth for $339 m
Dexus has announced that it has acquired a 49% interest in a holding unit trust that owns Capital Square Tower 1, 98 Mounts Bay Road Perth for $339 m. Kevin George, Dexus Executive General Manager, Office said: “Capital Square is one of the leading workplaces in Australia,”
Fender Katsalidis designed Fortitude Valley commercial tower receives development approval
Plans have been approved for the project known as Bureau a nine-story commercial tower designed by Fender Katsalidis at 95 Robertson Street, Fortitude Valley, for Empirica Developments. Fender Katsalidis director, Nicky Drobis highlights the importance of designing considered workplace buildings...
Dexus agree to fund, develop and invest in flagship Atlassian development
Dexus announced that it has entered into binding terms which provide a framework to fund, develop and invest in Atlassian’s new headquarters Designed by New York based SHoP Architects in partnership with Australian firm BVN. Darren Steinberg Dexus CEO said: “The Atlassian tower is a great...
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.
Home Healthcare Group leases Potts Point office by Ray White
An office of 213sqm on the top floor of the renowned Post building in Potts Point leased circa $750 per Sqm pa. Suite 4.09 on Level 4 at 46A Macleay Street, Potts Point located at the intersection of Greenknowe Avenue leased to a home healthcare group by John Skufris from Ray White Commercial...
Building leased to one of Brunswick’s most popular hospitality venues Howler Bar for sale by JLL
A large single level building that is occupied by the well renowned venue known as ‘Howler Bar’ in Brunswick for sale by JLL Directors of Capital Markets- (VIC), Nick Peden, Jesse Radisich and Associate, MingXuan Li have been appointed to sell 16 Michael Street via a public auction.
LJ Hooker Commercial Sydney and North Sydney to merge with commercial property agency group, Stanton Hillier Parker
LJ Hooker Commercial Sydney and North Sydney will merge with commercial property agency Stanton Hillier Parker and will rebrand, effective from this month.
Teska Carson is marketing a leased retail investment with upside at 103 Lygon Street Carlton for sale, one of Melbourne’s most sought after restaurant/retail strips. Teska Carson Stephen Speck and Adrian Boutsakis are the appointed agents.
