Ascendas-Sinbridge in 300m Innovation buy
SINGAPORE’S Ascendas-Singbridge Group has made a foray into Australia’s office market with the $300 million plus acquisition of Innovation Place in North Sydney.
View ArticleSydney office vacancy rate dips to 2008 levels
THE Sydney CBD office market vacancy rate has fallen below 7.0% for the first time since mid-2008 whilst Brisbane vacancies have reached its
View ArticleSydney office demand continues to look up
THE outlook for office demand in Sydney is positive for 2016 as business confidence improves, according to the latest Dexus Office Demand Barometer.
View ArticleSydney prime office rents to skyrocket by 90pc
PLUMMETING vacancy rates will see landlords take control of the Sydney office market, fuelling prime net effective rents to rise by 90% within
View ArticleCharter Hall/Morgan Stanley shell out 525m for One Shelley St
CHARTER Hall and Morgan Stanley Real Estate have joined forces to buy One Shelley St Sydney from Brookfield for $525 million. Charter Hall’s
View ArticleStars align for Sydney office market
SYDNEY’s CBD office market is going through of a “hot streak” as multiple industry sectors operate in expansionary mode and net absorption is
View ArticleClik here to view.
Investec snaps up Macquarie Park office warehouse
THE Johannesburg Stock Exchange-listed Investec Australia Property Fund has acquired an office and warehouse complex at Macquarie Park in Sydney’s north-west. IAPF has
View ArticleClik here to view.
Mirvac nets $235 million from Rhodes assets
MIRVAC has offloaded its Rhodes assets in New South Wales for a combined $235 million, representing a passing yield of 7.51%. The sites
View ArticleClik here to view.
Office rents record strongest growth since 2008
THE CBD office markets of Sydney and Melbourne have recorded their strongest rental growth in five years, according to Cushman & Wakefield’s latest
View ArticleKorean group buys Red Cross HQ for 86m
ONE of South Korea’s largest securities firm, NH Investments & Securities, has acquired the Australian Red Cross’ headquarters in Sydney for $86 million.
View ArticleRecruitment agency takes Sydney CBD space
SPECIALIST healthcare recruitment agency, Heath Staff Solutions, has sub-leased space in Dexus’ One Margaret St building in Sydney. Savills agent Chris Rowe and
View ArticleClik here to view.
Sydney office transactions jump by 40pc
SYDNEY’S office market has recorded a 40% rise in sales on the five-year average, exceeding $8.7 billion in 12 months to June 30,
View ArticleClik here to view.
Centuria cashes in long held investment
CENTURIA has offloaded two properties in Sydney’s Macquarie Park for a combined $101 million. The properties, at 80 Waterloo Rd and 16 Byfield
View ArticleClik here to view.
Aldi bags upper north shore office building
MARPROP Real Estate Partners has cashed an office building in Sydney’s upper north shore, selling it to Aldi for $26.5 million. The sale
View ArticleClik here to view.
Premium demand support Sydney office market
STRONG tenant demand, particularly for premium grade space, has pushed the Sydney CBD office vacancy rate lower from 6.3% to 5.6%, according to
View Article