Westpac signs long-term deal at 275 Kent
WESTPAC has extended its office lease at 275 Kent St Sydney to 2030. Co-owners Mirvac Group and Blackstone have entered into an agreement
View ArticleCenturia makes 42m profit Castlereagh sale
CENTURIA Property Funds has scored a major windfall with the $98 million sale of 175 Castlereagh St Sydney to the NSW government, after
View ArticleInvesco in 160m Sydney office buy
SINGAPORE’S Keppel REIT has sold its interest in the 77 King St Sydney office building to Invesco for $160 million. The asset has
View ArticlePropertylink and Grosvenor reel in North Ryde offices
STEPHEN Day’s Propertylink has teamed up with Grosvenor Group again, this time to buy four properties near North Ryde train station from Blackstone
View ArticleKnight Frank scores left, right and center
KNIGHT Frank’s Sydney industrial and office leasing teams have had a strong start to the year, negotiating leases across the city. Level 4,
View ArticleInvestors readjust core return expectations
STRONG wave of capital competing for core office real estate has forced investors to lower return expectations. They are now willing to accept
View ArticleAscendas-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
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Invesco in 160m Sydney office buy
SINGAPORE’S Keppel REIT has sold its interest in the 77 King St Sydney office building to Invesco for $160 million. The asset has
View ArticleClik here to view.
Propertylink and Grosvenor reel in North Ryde offices
STEPHEN Day’s Propertylink has teamed up with Grosvenor Group again, this time to buy four properties near North Ryde train station from Blackstone
View ArticleClik here to view.
Knight Frank scores left, right and center
KNIGHT Frank’s Sydney industrial and office leasing teams have had a strong start to the year, negotiating leases across the city. Level 4,
View ArticleClik here to view.
Investors readjust core return expectations
STRONG wave of capital competing for core office real estate has forced investors to lower return expectations. They are now willing to accept
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
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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
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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.
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