SCCA members agree to no lease terminations for non-payment of rent
Members of the Shopping Centre Council of Australia agreed on Thursday to no lease terminations for non-payment of rent for small to medium-sized businesses as the industry works through this period of disruption in the sector.
Emergency Communications Facility sold to Hellenic $25.93 m CBRE
Transaction settled following recent completion of the Williams Landing office building, leased to Victorian State Government. CBRE Melbourne Middle Markets agents Scott Orchard, Lewis Tong, Mark Wizel and Josh Rutman handled the deal.
Governments need to 'step forward' and offer land tax relief: Property Council
Australia’s commercial property sector will play a vital role in supporting small and large businesses to manage through the economic impacts of the coronavirus, according to the Property Council of Australia.
Melbourne stand alone office sold for $1.055 million at auction
Gray Johnson Director Matt Hoath says the sale of a Mont Albert office for more than $1 million at auction shows there is still life within the commercial market despite growing fears about coronavirus.
Shopping Centre Council of Australia welcomes stimulus package to assist industry through 'volatile' time
The peak industry body for Australia's shopping centres has welcomed the Federal Government’s $66 billion stimulus package and support for small to medium-sized businesses confronting the impact of COVID-19 disruptions on their businesses.
Centuria Capital opens Brisbane office, appoints new Queensland General Manager
Specialist investment manager Centuria Capital has announced an expansion of its Brisbane presence with the opening of a centrally located office and the appointment of Queensland General Manager, David McGuigan.
Neighbourhood centres demonstrating resilience in 'challenging' retail landscape - Savills
Savills Retail Market Quarter Time Q4 2019 report has revealed that while the landscape in Australia remains challenging, there had been an emergence of private investors and syndicates targeting neighbourhood shopping centres.
Ongoing demand expected for office assets in 2020 - Savills
Savills' Quarter Time Office Q4 2019 Report has revealed Australia's office sector beat out retail and industrial to be the preferred asset type for investors in 2019.
