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.

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.

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

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.