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AMP Wholesale Office Fund Buys 222 Exhibition Street at Record Low Yield

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Written by Marc Pallisco   
Saturday, 23 June 2007

AMP Wholesale Office Fund's purchase of 222 Exhibition Street at a low 6 per cent yield may result in a more aggressive approach being taken by analysts at Australia's biggest institutions and even higher prices being paid for the limited number of CBD office buildings available.

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Space Time Research Leases 630 Church Street Richmond

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Written by Marc Pallisco   
Saturday, 23 June 2007

ONE of the first office buildings developed by private developer Michael Yates has managed to avoid mass vacancy when a lease to its major tenant, Thales ATM, expires next month.

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Macquarie Goodman Spends $41 Million For 72 Hectares of Industrial Land

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Written by Marc Pallisco   
Saturday, 23 June 2007

MACQUARIE Goodman Industrial has bought 72 hectares of industrial land in two separate deals worth about $41 million.

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Red Back Succumbs to Hotel Positioning Epidemic

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Written by Marc Pallisco   
Wednesday, 20 June 2007

HOTEL owners are finding more value in selling their property assets and cashing in on developer demand, than they are keeping them as entertainment venues.

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Hoteliers Brace for Pain as Big Butt Out Looms

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Written by Marc Pallisco   
Wednesday, 20 June 2007

HOTEL owners say next month's indoor smoking bans will have a negative effect on their businesses, but anticipate the number of non-smoking patrons to increase in the medium term.

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