Buyers set to circle $300m Brisbane office tower for sale by CBRE
A 100% stake in the award-winning design by nettletontribe Architects State Government-occupied office tower for sale. 53 Albert Street Brisbane for sale with offers in excess of $300 million anticipated. CBRE’s Bruce Baker, Flint Davidson and Stuart McCann have been appointed.
Grollo family GSO Dandenong long-leased government office in Melbourne for sale by Knight Frank
165-169 Thomas Street Dandenong for sale by the Grollo Family. Paul Kempton and Trent Preece of Knight Frank have been appointed with price expectations of over $170 million.
Following 13 years as ACT Managing Director, Andrew Balzanelli to step down from the role, as JLL’s Head of Sales & Investments, Tim Mutton announced as new leader.
Lendlease fund NZ retail assets for sale by Colliers and CBRE
Two of New Zealand’s best performing, premier retail outlet assets are expected to attract in excess of $300million on behalf of Lendlease Real Estate Partners New Zealand (LLREPNZ) Colliers’ Lachlan MacGillivray and Richard Kirke and CBRE’s Simon Rooney have been appointed.
BP anchored Service Centre for sale by Stonebridge
The Service Centre anchored by BP (12 Year Lease) and Carl’s Jr. (15 Year Lease) plus two (2) complementary warehouse tenants for sale by Rorey James, Kevin Tong and Justin Dowers from Stonebridge Property Group.
Off the plan Service Station KFC plus 7 shops sold on 4.8% yield by Stonebridge
Melbourne based developers Strintzos Property Group and Dacland developed 7-Eleven anchored Service Centre in Tarneit sold $19.91m at yield of 4.8%. Rorey James, Kevin Tong and Justin Dowers from Stonebridge Property Group exclusively handled the transaction.
Omicron, inflation, rates, election, weigh on investors in 2022 says Wizel
Commercial investors have shown a remarkable level of resilience and, in the view of Advise Transact, are likely to continue to accentuate the positive according to Advise Transact Asia Pacific managing director, Mark Wizel.
Mammoth year for office middle markets as $4.78 billion sold nationally
There were 137 assets sold across Australia in 2021, as the market bounced back despite continued lockdowns. Colliers Head of Investment Services Australia Matthew Meynell said “We are particularly seeing assets within the $20 million-$40 million range being the most competitive and sought after...
