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Council Approves $400 Million Redevelopment of Former Channel Nine Headquarters, Bendigo Street, Richmond

December 21, 2011 Marc Pallisco Channel Nine, Lend Lease, richmond, Yarra City Council

THE Yarra City Council has approved the $400 million redevelopment of Channel Nine’s long-time Bendigo Street studios, in Melbourne’s inner east.

Victoria

$300 Million Docklands Office Quietly Being Marketed For Sale

May 3, 2010 Marc Pallisco babcock & brown, Channel Nine, Docklands, Docklands Office Sale, Global Campus Management, Metier3

DOCKLANDS unluckiest office building has been quietly listed for sale.

The 717 Bourke Street office – and soon-to-be home of Channel Nine – is expected to sell for between $280 million and $300 million, reflecting a yield of about 8 per cent.

Last November, education service provider, and a reported minority owner of the building, Global Campus Management, went into voluntary administration, surrendering a 17,000 square metre lease over almost half of the building. That space was to have been occupied by French fashion school ESMOD.