Vacancy rates for Sydney rental properties showed little pick-up in May, giving tenants no respite from the lack of available accommodation in the city.

FORMER Melbourne deputy lord mayor and planning legal eagle Clem Newton-Brown has sold a unique 508-square-metre block of land on the banks of the Yarra in Toorak.

FEWER Melbourne CBD offices are being put on the market this year as investors hold on to assets to take advantage of rising rents and surging building values.

THE tenant representative acting for Commonwealth Bank of Australia has issued a new CBD office leasing requirement, replacing two other require-ments it put to the market late last year.