Commercial real estate blogs Australia

May 20, 2023

Design

Sullivan’s solar makeover drives new leases - System reduces tenant energy costs by 40 to 60 per cent

Melbourne investor Brendan Sullivan said the $110,000, 100 kilowatt, system had have dramatically reduced energy costs and ultimately been the key to getting the new deals across the line. The new leasing deals were negotiated by Ellie Scala from Knight Frank, Ash Dean and John Howell from...

May 17, 2023

Deals

Sold

A freehold office building West Perth sold to a local owner occupier for $3 million by Colliers & SVN

6-12 Gordon Street West Perth sold by Colliers Investment Services Manager, Shane Isaacs and joint selling agent, Rocco Demaio of SVN.

May 16, 2023

Shaping the future of Geelong where over $16.2 billion worth of projects are in the works - Colliers

A ground-breaking office building is coming to Australia's fastest growing regional city that is set to accommodate 60,000 new job opportunities by 2050. Yale Place for lease by Colliers agents Chris Nanni and Kevin Tutty.

May 8, 2023

Canberra office landlords await Budget outcomes - LJ Hooker

Office landlords will be closely awaiting the outcomes of tomorrow’s Federal budget to see how the Government’s fiscal priorities influence the ACT’s workforce.

May 4, 2023

International students flock to Melbourne in strong rebound from pandemic levels

Leading commercial real estate agency, Lemon Baxter has today reported demand with data, noting an increasing number of international students currently choosing Melbourne as their place to study.

Apr 13, 2023

Values and rents continue to surge in Sydney’s divergent strata office market says JLL

Benchmark setting transactions in one of Sydney’s most tightly held buildings, BMA House, are indicative of the sustained high levels of demand that continue to outstrip the supply of strata office space, according to JLL’s Capital Markets NSW Associate Director, Willem Watson and Office Leasing...

Apr 4, 2023

What are commercial investors buying this year?

NSW remains the key market for transactional volumes, helped along by a number of high value asset transactions, notably in the retail and hotel sectors. Nationally preliminary sales volumes for the first quarter of 2023 have hit $4.74 billion down 68.2 per cent on the same time last year where...

Mar 30, 2023

Brisbane event sees $29M sold today as learned investors graduate in childcare

Burgess Rawson’s Portfolio Auction 159 event in Brisbane realised a total of $29.07 million and a blended yield of 5.18%. Burgess Rawson Partner, Adam Thomas said demand for early learning has intensified with a Guardian Childcare in Rochedale South selling for $6.17 million showing a yield of 4...

Mar 29, 2023

Flight to quality most pronounced in Melbourne’s CBD office market, according to Knight Frank research

The flight to quality is becoming increasingly evident in the CBD office markets of Australia’s two major cities of Sydney and Melbourne, but is more pronounced in Melbourne as employers try to entice workers back into the physical office, according to the latest research from Knight Frank.

Mar 27, 2023

Deals

Sold

Suburban Perth office building sold on 6.66% net yield by Knight Frank

117 Shepperton Road Victoria Park sold for $8.75 million to show a 6.66 per cent net return in a deal negotiated by Tony Delich of Knight Frank.

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