Australian Real Estate News
PROMINENT Canberra property investor The Willesmen Group has paid $11.33 million for an office building in the nation’s capital.
Thee development site, on the corner of National Circuit and Canberra Avenue, is earmarked to become a 20,000 square metre office building, capitalising on strong tenant demand in the area, known as “The Parliamentary Triangle”.
Read moreThe sale of Stockland’s Edmund Barton building in Canberra to German fund manager Real I.S. is now expected to settle in full in mid-June, following a successful $200 million capital raising by Real I.S. in Germany.
Read moreLend Lease Corporation Limited (“Lend Lease”) today announced that its subsidiary, Bovis Lend Lease Limited (“Bovis Lend Lease”), has been appointed Managing Contractor by the Department of Finance and Deregulation for the design and construction of a new central office building for the Australian Security Intelligence Organisation.
Read moreCanberra mansion Cranleigh has regained the title as the territory’s most expensive property, after selling for almost $4.6 million to an as-yet-undisclosed party.
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