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Monday, 18 June 2012 07:00 |
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 LANDOWNERS are bingeing on state government messages they are now permitted to build Melbourne out and up.
In the month growth boundaries were expanded so that metropolitan Melbourne will stretch as far north and west as it does south – the owners of an Essendon shopping centre, ten kilometres from the CBD, have proposed a landmark complex with three towers, the tallest with apartments rising 17-levels.
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Monday, 18 June 2012 07:50 |
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  OFFICE space in the former Westfield building at 100 William Street, Sydney, has been leased by the Liberal Party of Australia (NSW division).
The government will pay annual rent of $425,000 to occupy the 896 square metre office which has harbour views. The Liberal party has signed a five year lease with a five year option according to the AFR.
It will move from a nearby office at 140 William Street.
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Friday, 22 June 2012 00:31 |
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UK retailer Topshop has unveiled plans for a $1.85 million refurbishment of its Sydney CBD headquarters.
The retailer has leased five levels of the former Gowings building - basement, lower ground, ground, mezzanine and first floor.
Plans for the refurbishment are on display according to the AFR which reported the retailer’s application.
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Tuesday, 19 June 2012 00:00 |
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 VASEY RSL Care has reaped almost $7 million from the sale of a disused hostel on a massive block of land in one of Hawthorn’s more revered streets.
The 3560 square metre block at 20 Lisson Grove not far from the Yarra River and Richmond border is understood to have sold to a residential developer, but this could not be confirmed with Kliger Wood selling agents Nick Breheny or Eugene Wood.
Not far away on the corner of Lisson Grove and Glenferrie Road, the former Hawthorn Receptions Centre hit the market earlier this month with price expectations of about $8.5 million.
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Wednesday, 20 June 2012 00:00 |
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 LEND Lease’s “institutional flagship fund” APPF Commercial has reportedly acquired a small interest within the first two skyscrapers that will form part of the $6 billion Barangaroo project on Sydney Harbour.
It is speculated APPF’s stake is as little as between 7 and 12.5 per cent, which would exclude it from any decision making power on the project. Lend Lease and APPF Commercial declined to comment on the speculation reported by the AFR.
It’s understood major office tenants including Westpac and KPMG are to be announced as tenants in the two towers.
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Tuesday, 19 June 2012 07:00 |
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 CHINA Construction Bank (CCB) – reportedly the world’s second largest bank measured by market capitalization – has arrived in Melbourne.
The group has leased 400 square metres of retail space and 235 square metres of office space at 410 Collins Street for five years.
The space is being refurbished and is expected to be trading within eight weeks.
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Thursday, 21 June 2012 06:22 |
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 SENTINEL Property Group has paid $15.6 million for the Northpoint Homemaker Centre in Mackay, Queensland.
The purchase is the second bulky goods complex acquired by the group in the state after it paid $25.75 million last December for The Zone complex at Rothwell.
The Mackay investment occupies a 29,191 square metre site, and has 11,407 square metres of net lettable retail area. It is leased to ten retailers including the listed Super Retail Group and The Good Guys.
The vendor according to the AFR which reported the deal was the 360 Capital Retail Fund.
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