Australia’s largest independent valuation and property advisory firm Herron Todd White has announced a significant corporate restructure set to improve client services and operational efficiencies. “This is just the beginning of what will be a significant shift in our corporate structure,” said...
Record 3.75% Yield achieved for Hungry Jacks Investment sold by CBRE
A Sydney based investor has paid a record yield of 3.75% for a Hungry Jacks in Melbourne inner west as private investors continue their hunt for yield amid locked-in record low interest rates and a volatile share market. CBRE David Minty, Nathan Mufale, Scott Hawthorne and JJ Heng undertook the...
Near new service station and convenience retail for sale located in Maddington Perth by JLL
United Petroleum Maddington for sale presenting buyers with an opportunity to invest in a desirable, near new and securely leased defensive retail asset. JLL Director of Industrial and Logistics - (WA), Andrew Fife and Director of Sales and Investments - (WA), Sean Flynn have been appointed to...
CBRE announces four new recruits to bolster SA valuations offering
CBRE has recruited four market leading specialists to further strengthen its Adelaide Valuations and Advisory Services team – reinforcing the firm’s position as South Australia’s leading commercial valuation services provider.
Hong Kong investor pays $19.5m for Richmond office building sold by JLL
JLL Senior Director of Capital Markets, Josh Rutman, Tim Carr and MingXuan Li marketed the seven-storey building at 45 Wangaratta Street Richmond sold to a Hong Kong based investor.
Care Park Lists Nine Major Car Park Investments for sale in Vic and NZ by CBRE
One of Australia’s largest car park owner operators, Care Park, is divesting eight of its Victorian assets and another in New Zealand, worth over $25 million in sales, representing less than 10% of the group’s property portfolio.
April Group secures Sydney waterfront office with its own wharf $12m negotiated by Savills
April Group has purchased the freehold interest of 7 Cooper Street Balmain an office asset and the leasehold interest of the adjoining wharf from a private vendor for $12 million on a 3.87% yield. The deal was negotiated by Tim Grosmann and Lucy Abram of Savills Australia.
Melbourne resilience in remarkable auction results $1.4m over reserve and 2.5% yield by Fitzroys
Melbourne resilience, sure-footed agency guidance and auctioneering leadership combine for remarkable auction results $1.4m over reserve and 2.5% yield by Fitzroys. Fitzroys sold prime retail properties in the famous Church Street, 13 Church Street Brighton Sold and 634 Burke Road Camberwell...
Knight Frank Australia appoints James Patterson as CEO
Knight Frank Australia is delighted to announce the appointment of James Patterson as new Chief Executive Officer (CEO). Alistair Elliot Senior Partner & Group Chairman of Knight Frank LLP said: “Australia is Knight Frank’s largest business outside the UK and we are delighted to have...