Australian Commercial real estate price trends

Jul 13, 2023

Historic Surry Hills building for sale CBRE

The Austin, a historic Surry Hills warehouse conversion for sale with a price expectation of circa $5.5 million. Refurbishment designed by Smart Design Studio, 247 Devonshire Street for sale by CBRE’s Luke Williams, Max Silk and Toby Silk.

Jul 12, 2023

Charter Hall becomes largest 5-star Green Star rated Office portfolio and sets record for 6-star rated assets in Australia

Charter Hall Group (Charter Hall or the Group) announced that it has achieved a 5-star Green Star rating across its Office portfolio, becoming the largest 5-star Green Star rated office portfolio in Australia, totalling more than 1.58 million square metres (sqm).

Jul 10, 2023

Profiles

Agents and Agency

JLL appoint Simon Quinn Head of Alternative Investments - Capital Markets

JLL’s Head of Capital Markets – Australia and New Zealand, Luke Billiau said: “Simon Quinn, has an expansive track record spanning nearly $2billion in transactions, including some of Australia’s key healthcare assets including private hospitals and medical centres and retirement villages across...

Jul 7, 2023

Cushman & Wakefield bolsters ESG offering with new Sydney appointment of Abhinav Tiwari

Cushman & Wakefield announce the appointment of Abhinav Tiwari as Associate Director in Sustainability. Abhinav brings with him over 12 years’ experience in Energy Efficiency and Sustainability, further strengthening Cushman & Wakefield Project & Development Services.

Jul 4, 2023

Profiles

Technology

Facebook co-founder and OIF back prop-tech platform Inspace

Virtual inspection software company, Inspace, has secured AUD $6 Million in a round co-led by B Capital, spearheaded by Facebook Co-founder Eduardo Saverin, and Australian venture capital firm OIF Ventures.

Jul 4, 2023

Total returns in commercial property markets to start rising again from 2024 says Knight Frank Group Chair

Will Beardmore-Gray, Knight Frank Senior Partner and Group Chair, who is currently visiting Knight Frank’s offices around Australia says 2024 will likely mark a turning point for commercial property markets in developed countries around the globe, including Australia, with 2023 expected to be...

Jul 3, 2023

Expansion for RWC Eastern Suburbs

Two of Sydney’s most respected commercial businesses, Ray White Commercial Eastern Suburbs (RWC Eastern Suburbs) and Ray White Commercial Double Bay (RWC DB) have merged and will now operate under the RWC Eastern Suburbs banner. RWC (DB) principals Zorick Toltsan, Elliott Placks and Michael...

Jul 3, 2023

Profiles

Agents and Agency

Marketing & Advertising Agencies

Ray White unveils RWC - commercial repositioning

RWC Head of Agency Andrew Freeman said The repositioning of Ray White Commercial as RWC is designed to highlight the commercial specialists with a unique visual identity to position them in the market as experts across all asset classes. Ray White Group Managing Director Dan White said RWC was a...

Jun 22, 2023

Building owners value good people in property management above all else, according to Knight Frank

The buzz in property management is all about proptech and artificial intelligence, and while these are hugely important factors in optimising facility management going forward, building owners still value good people above all else in property management, according to Knight Frank National Head...

Jun 20, 2023

Profiles

Agents and Agency

Ray White Commercial heralds new leadership - James Linacre

Ray White Commercial has announced changes to its leadership team, with James Linacre stepping into the role of General Manager after he was passed the baton by former Ray White Commercial Head of Agency Operations Andrew Freeman.

Australian Commercial real estate price trends

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