Cbus Property or Mirvac will be allowed to build a c$2 billion mixed-use village on outgoing public land described inRead more
Beds, couches, ironing boards, lamps, alarm clocks and several smaller items, left at the Mercure Melbourne Treasury Gardens Hotel, whichRead more
Cbus Property and Nielson Properties have shortlisted four teams of global architects to design the $600 million 205 North QuayRead more
Cbus Property has banked $4.25 million selling a modern warehouse built on part of a former General Motors Holden carRead more
CBUS Property, a subsidiary of industry superannuation fund CBUS, has seized control of one of bayside Melbourne’s most controversial development sites – the disused North Brighton Croquet Club, in Warleigh Grove.
CBus, which represents workers in the construction and building industry, has paid $18.6 million for the 9015 square metre site and, having grabbed the mallet proverbially, immediately pitched plans to build a high-end, high-density residential complex with flats and townhouses.
The completed product could have an end value of more than $150 million, sources speculate, making it one of the biggest projects to start construction in Melbourne’s bayside suburbs.Read more
DEVELOPER CBus Property has secured the National Australia Bank as tenant for an as-yet-undeveloped office in Docklands.
The 61,000 square metre, 15-level tower is set to be developed at 700 Bourke Street, and near National Australia Bank’s world headquarters, on Victoria Harbour (at 800 Bourke Street) which it first committed to a decade ago.
The new building will also include a child care centre, and retail, according to a CBUS media release, and published on the Melbourne Docklands website.Read more
AS reported in The Age last year, CBUS Property has confirmed it is the mystery buyer of a half share interest in Melbourne’s 171 Collins Street development.
CBUS has paid Sydney-based owner Charter Hall $15.5 million, to take its share in the $280 million office development, which challenged a previous planning precedent, restricting height around the “Collins Street spine”.
It’s understood the developers are targeting the National Australia Bank which has a 40,000 to 60,000 square metre requirement in the market at the moment.Read more
MACQUARIE Office Trust is believed to be selling a half share interest in a proposed $260 million office, in Collins Street’s “Paris end”, to CBus Property.
Sources say Macquarie will reap between $15 million and $20 million for a 50 per cent stake of the 171 Collins Street office proposal, which set a landmark planning precedent last July, by more than doubling the regulated height of a building in the “Swanston Street spine”.
Earlier this year, Macquarie lodged an application to add an 18th level to the proposed glass building, bringing the total lettable commercial and retail area to about 42,329 square metres.
Construction of a $260 million office building at the Paris end of Collins Street could start as early as June.Read more
The iconic RAAF Association Building in South Yarra, famous for a huge propeller suspended from its exterior wall, is no longer.Read more
Industry Superannuation Property Trust (ISPT), Cbus Property and EPC Partners today announced their joint venture to develop the new $700 million South East Stadium Precinct (SESP) at Docklands in Melbourne.Read more
Victoria Police has shared images of the view from its helipad – the southern hemisphere’s highest, it added – atRead more
Amazon has committed to 31 per cent of an office about to start construction at 555 Collins Street, in Melbourne’sRead more
Sydney based Mirvac has unveiled three projects of varying budgets in the capitals north and south of it. In Melbourne’sRead more
Sheng Le Group has listed a 1.5 acre Southbank site stretching about half the east side of Queens Bridge StreetRead more
Local syndicate Southern Cross Investment Group has sold National Australia Bank’s Adelaide CBD headquarters to a Singaporean family for $47.2Read more
A Chinese investor is paying $29.1 million for The Village Dandenong shopping centre, in Melbourne’s south east. The off-market dealRead more
Daisho has settled on the $220 million purchase of the hotel component within Cbus Property and Industry Superannuation Property Trust’sRead more
General Motors Holden’s landmark Lang Lang proving ground is being touted off-market. Abutting Bass Highway, 85 kilometres south east ofRead more
Newmark Capital is paying $121 million for the prominent David Jones menswear store in Melbourne’s Bourke Street Mall. The deal,Read more