Melbourne dominates 100,000sqm national sublease fall - CBRE
As outlined in CBRE Research’s latest Sublease Barometer, 242,700sqm of supply was available for sublease across Sydney, Melbourne, Brisbane, Perth and Adelaide at the end of April.
Broadway Property leads transactions on key Darwin and Brisbane Assets
Property advisory firm Broadway Property has successfully managed the transactions of both Darwin Corporate Park and 1 Miles Platting Road located in Brisbane Technology Park jointly with Knight Frank.
ISPT to offer Victorian Police Station Portfolio for sale by CBRE
One of Australia’s largest unlisted property fund managers ISPT offers two Victorian police station assets for sale by CBRE Capital Markets - Office agents Tom Ryan and Scott Orchard, together with Sandro Peluso and Jimmy Tat of CBRE’s Social Infrastructure team.
Woolworths anchored Newcastle shopping centre sold for $60.15m by Colliers
The Colliers team of James Wilson and Alex James-Elliott negotiated the deal for Cameron Park Plaza sold on behalf of Woolworths Group’s development business Fabcot, attracted over 180 purchaser enquiries and 11 first round offers.
Building begins on $460m office and community precinct at 480 Swan St, Richmond
Charter Hall Group (Charter Hall or the Group) and Victorian Funds Management Corporation (VFMC) will today hold the project launch and official sod turning ceremony at 480 Swan Street, Richmond, where construction is underway for Australia Post’s new $460 million National Support Centre, due...
Dan Murphy’s Butter Factory Shepparton for sale by Colliers and Savills
Dan Murphy’s Butter Factory for sale expected to attract significant investor interest via Colliers’ Mike Crittenden and Tim McIntosh, in conjunction with Savills’ Rick Silberman and Steven Lerche.
Bay Street Brighton portfolio sold for $6.83m by Fitzroys
A portfolio of Bay Street retail properties in Melbourne’s blue-chip suburb of Brighton has sold for $6.83 million. Fitzroys’ Mark Talbot and Chris James sold 311 Bay Street, while Talbot and Fitzroys’ Tom Fisher sold 407 Bay Street and 409 Bay Street.
The latest rent collection figures from commercial property management software company Re-Leased reveal a strong recovery for Australia’s commercial property market.
