Macquarie Rumoured to Be Leasing 19,500 Sqm at Canary Wharf, London

MACQUARIE Group has agreed to lease a 19,500 square metre London and European head office at Canary Wharf.

UK-based real estate website propertyweek.com said Macquarie will relocate to a new project at Drapers Garden, Canary Wharf, from CityPoint, in 2011.

Macquarie will join he likes of Citigroup, Credit Suisse and HSBC in the heavily focussed financial service precinct.

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Football Federation Victoria Leaves Thornbury for St Kilda Road

VICTORIA’s state governing body for soccer will relocate from a modest office in the middle of a northern suburb sports complex, to a relatively flash new headquarters in tree-lined St Kilda Road.
 
Football Federation Victoria has leased 845 square metres at Flight Centre’s 436 St Kilda Road office building, about five months ahead of the opening of the distinctive Rectangular Stadium, under construction on Olympic Boulevard, the new name for the part of Swan Street, west of Punt.

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The Reject Shop Issues Major National Leasing Requirement

MELBOURNE born retailer The Reject Shop has issued a major leasing requirement to prospective landlords, in an attempt to further expand its national network.

The discount retailer, which last month reported an $18.9 million half-year profit, and has enjoyed a buoyant business because of the bleak economic backdrop, has targeted locations in every state and territory including the Northern Territory, the only major region it does not trade.

A leasing requirement document issued by the Reject Shop says its strategy is to grow by at least 20 stores a year.

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Defence Health to Reap $6.5 Million From Sale of Outgoing St Kilda Road Office

PRIVATE health insurer Defence Health can expect to make $6.5 million from the sale of a prominent St Kilda Road office within walking distance to the Flinders Street station.

Defence Health is the latest in a string of companies to list formerly owner-occupied buildings for sale, while it rents elsewhere.

Defence Health’s outgoing office three-level office at 344 St Kilda Road, opposite the Shrine of Remembrance is being marketed by Colliers International’s Ben Christie.

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Channel Nine May be Revisiting Plans to Sell Studios, and Lease

The on-again-off-again campaign to relocate Network Nine from its long time Bendigo Street headquarters, may be on again.
 
Sources say the network is entertaining plans to sell its Richmond home of 53-years, and use funds to refit new offices and studios, or a purpose-built high-tech facility closer to town.
 
It’s understood executives from PBL Media, Nine owners, have inspected existing office space to meet an unofficial 8,000 square metre requirement, but that a purpose-built facility could also be on the frame.  A network representative was unavailable to comment to The Age.

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Global Campus Management Administration Leaves Half a Docklands Office Building Vacant

ALMOST half of an unfinished Docklands office building will be offered for lease, after education service provider Global Campus Management – which agreed to lease space at 717 Bourke Street to accommodate fashion university ESMOD – went into voluntary administration last Thursday.
 
ESMOD was to have occupied 18,000 square metres of the distinctive 37,000 square metre building which will also be home to petroleum giant BP upon completion in July next year.
 
GCM is a minority shareholder in the Bourke Street building, on the south-west corner of Wurundjeri Way, which was developed by Babcock & Brown and architect Metier 3.

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Leaseplan May Quit St Kilda Road for South Wharf

THE owners of the $750 million South Wharf development, at the point where Southbank meets Docklands, may have snared another major office tenant from St Kilda Road.
 
Car leasing giant Leaseplan is understood to have leased about 4,000 square metres at the 12-level South Wharf office tower, part of a massive riverfront development that also includes the new DFO South Wharf, and a 396-room Hilton Hotel. 

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ABC’s Slice of Rippon Lea Estate, Elsternwick, Expected to Sell For More than $25 Million

Rippon LeaAN 8,000 square metre slice of Elsternwick’s historic Rippon Lea estate, compulsorily acquired by the State Government in the 1950s for the Australian Broadcasting Corporation – is likely to be sold to residential developers, if the ABC vacates the property in 2012.
 
ABC project director Ray Moore told Secret Agent it is considering selling two Elsternwick properties, currently occupied as studios and offices, including a major complex on Gordon Street abutting Rippon Lea – built on what was once the property’s southern boundary. 

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Southern Cross Broadcasting’s Outgoing South Melbourne Office to Become Hotel and Apartment Complex

FOUR months since selling to developers, the new owners of South Melbourne’s 41 – 49 Bank Street office – and long time home of Fairfax Media’s Southern Cross Broadcasting – have lodged plans to build a hotel and apartment complex on the site.
 
A spokeswoman for the Port Phillip Council said it is reviewing an application to demolish the existing building and construct a 16-level complex, which would include 126 apartments, 88 hotel suites, and a ground floor restaurant.
 

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