Cushman & Wakefield acquires Sheffield Property Perth to expand national footprint
Cushman & Wakefield has acquired Sheffield Property, an office leasing and property management agency based in Perth, Western Australia. Sheffield Property’s team,led by Mark Clapham and Digby Sutherland, who have been appointed to lead Cushman & Wakefield’s Western Australian Commercial...
George’s Building to welcome Aesop flagship store Paris-end retail space
Melbourne CBD flagship store at the iconic George’s Building at the Paris end 126 Collins Street leased to Aesop In an off-market deal negotiated by Colliers’ CBD Retail Leasing Manager, Jennifer Tai, and Colliers’ Victorian Director of Retail Leasing, Adam Lester.
Charter Hall & Investa secure pre-commit tenants for Brisbane commercial tower at 360 Queen St
Charter Hall Group’s Prime Office Fund (CPOF) and Investa Commercial Prime Office Fund (ICPF) secured two major, 12-year pre-commitment tenants. Global accounting and advisory firm BDO and Australian law firm HopgoodGanim Lawyers will take-up more than a third of the commercial tower in the...
Commercial sales turnover continues to soar - m3property
The total value of commercial sales in Australia continues to reach massive highs with $8.55 billion in office, industrial and retail transactions over the March 2022 quarter, up from $8.09 million over the same period in 2021.
Buyers shift to pandemic proof investments as Woolworths Eltham sold for a sharp 3.3% yield by Stonebridge and Fitzroys
Woolworths Eltham sold for $35,000,000, which represented a sharp 3.3% yield. The freestanding supermarket sold by Stonebridge Property Group agents Justin Dowers and Kevin Tong, in conjunction with Fitzroys David Bourke, Chris James and Shawn Luo.
Byron Bay Landmark Timperley’s Corner building sold by CBRE
Byron Bay’s landmark Timperley’s Corner building sold to Sydney-based investor by CBRE’s Mark Witheriff, Joe Tyan and James Douglas. While the sale price has not been disclosed, Mr Witheriff said the sale yield reflected the property’s trophy status.
3,000+ square metres of office space leased in Brisbane CBD building by Knight Frank
Over 3,000sqm and six leasing transactions in 127 Creek Street totalling 3,334sqm were successfully negotiated and concluded by Daniel Byrne of Knight Frank, with rates of up to $680/sqm. 127 Creek Street is owned by Singapore-based private equity real estate firm Firmus Capital.
Local Talent heads up Cushman & Wakefield’s National Investment sales team Brisbane
Jonathan O’Brien Cushman & Wakefield’s Managing Director of Queensland welcomes the appointment of Daniel Cullinane as Head of National Investment Sales QLD and Sam Nugent Sales Executive National Investment Sales, both based in Brisbane.
Leading private Australian property group Vinta offers the strongly performing Marketplace Gungahlin for sale in Canberra with price expectations of more than $400 million by CBRE Head of Retail Capital Markets Pacific Simon Rooney.
