Charter Hall acquires 21 Genge Street Canberra for $290 million with long WALE government tenants
A-Grade office tower in the heart of the Canberra CBD at 21 Genge Street sold to Charter Hall. Leased to long-term tenant, the Commonwealth Government, the asset is occupied by the Australian Tax Office (ATO) and the Department of Veteran Affairs.
Two West Perth buildings for sale for the first time in 20 years by Knight Frank
Two office buildings at 1 Walker Avenue and 7 Rheola Street West Perth for sale with price expectations for the two assets around $20 million. The West Perth office buildings for sale by Tony Delich and Cory Dell’Olio of Knight Frank.
Five things to consider before investing in office property By Tom Wallace, CEO of Re-Leased
Three years of pandemic life have completely transformed the office market. We have seen the demands of tenants changing drastically, with new trends emerging among them. Amid this shifting landscape, those wishing to invest in or manage office property may be wondering where to start.
The Hive moves into Milton House on Fitzroy Street - Teska Carson
One of Asia’s largest co-working organisations, the Hive, has agreed terms on a management agreement to occupy the three upper levels of the historic,1880s constructed, Milton House on one of Melbourne’s most celebrated boulevards, Fitzroy Street in St Kilda.
Charter Hall secures 10-year pre-commitment lease with Allianz at 555 Collins St Melbourne
Charter Hall Prime Office Fund Manager, Matthew Brown, said, “555 Collins Street reflects the value we place in Victoria, as a genuinely exciting place in which to invest, create jobs, strengthen the economy and connect with the local community.
Colliers announce changes to Australian leadership team
These exciting new additions to the Colliers Australian leadership team are set continue to drive our Enterprise ’25 Growth Strategy in 2023,,” Colliers CEO Australia Malcom Tyson
JLL North Sydney grows Office Leasing team to keep up with demand
Anthony Merrett joins JLL in the role of Director together with Dominic Au-Yeung in the role of Senior Executive. JLL’s Head of Northern Sydney, Paul Lynch said, “With a collective 20 years of experience between them, Anthony and Dominic will be working alongside the team to further strengthen...
Civic Centre Car Park Geelong sold by Colliers exceeds price expectations, selling under the hammer for $22.6 million
On behalf of The City of Greater Geelong, The Civic Centre Car Park sold by Colliers’ selling agents Ben Young, Andrew Lewis and Chris Nanni on behalf of The City of Greater Geelong. 21 Gheringhap Street Geelong sold at auction for $22.6 million.
201 Elizabeth St, Sydney, receives development approval for owners Charter Hall and Abacus Group
The A-grade, 38-storey modernist office tower scheduled to open in 2024. 201 Elizabeth Street Sydney’s CBD was purchased by Charter Hall (68%) and Abacus (32%) in 2019 for $630 million.
REITs seek B Grade offices to achieve ESG goals says Colliers
REITs are hiring people dedicated to locating secondary office assets, which are ripe for refurbishment and repositioning, addressing occupier demand for higher quality spaces with a lower carbon footprint, according to Simon Hunt, Managing Director Office Leasing, Colliers Australia.
