Frankston office sold to Collective Capital for $20 million - CBRE
National property investment group, Collective Capital, has snapped up a landmark Frankston property for about $20 million in a deal negotiated by CBRE Director Investments, Mark Wizel, with Director Melbourne Middle Markets, Josh Rutman.
West Melbourne office building sold for $38.5 million
Australian funds management firm AVARI Capital Partners has acquired a West Melbourne office building for $38.5 million in a deal negotiated by CBRE's Mark Wizel, Josh Rutman, Scott Orchard and Scott Hawthorne.
Emergency Communications Facility sold to Hellenic $25.93 m CBRE
Transaction settled following recent completion of the Williams Landing office building, leased to Victorian State Government. CBRE Melbourne Middle Markets agents Scott Orchard, Lewis Tong, Mark Wizel and Josh Rutman handled the deal.
St Kilda Road office sale results in 30 per cent uplift from 2017 transaction
Partially refurbished, vacant office tower in St Kilda Road precinct sold for almost $18 million represents purest test of investor confidence, says CBRE.
Excitement builds for East Melbourne office building
Pent-up buyer demand and a shortage of available, investment grade property has prompted the owners of an East Melbourne office freehold to list the property for sale.
Trends that emerged in the retail sector during 2018 could become more pronounced across the next 12 months, according to CBRE's National Director for Retail Investments, Mark Wizel.