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Office

News Office Victoria 

Lendlease in Collins St office play

September 1, 2022September 2, 2022 Marc Pallisco

Lendlease is speculated to be paying $300 million for neighbouring Melbourne CBD offices. At 440 Collins Street and 459 Little

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Industrial News Office Victoria 

Toyota sells ex-research centre

August 29, 2022August 30, 2022 Marc Pallisco

Monash University is paying c$66 million for an underutilised commercial site opposite its Clayton campus. The 3.63 hectare Notting Hill

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New South Wales News Office Victoria 

Green light for Chifley South tower

August 24, 2022August 25, 2022 Marc Pallisco

Charter Hall and GIC have been given the green light to develop a 38 level premium grade office over a

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New South Wales News Office 

Wollongong office fetches record price again

August 20, 2022August 20, 2022 Marc Pallisco

Avari Capital has sold a Wollongong office for $65.1 million – a region record price for an asset of this

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News Office Retail Victoria 

Developer secures historic Cremorne match factory

August 17, 2022December 1, 2022 Marc Pallisco

EXCLUSIVE Alan Hamilton has sold the prominent Cremorne property his racing car driver dad, Norman, purchased in the 1980s to

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News Office Victoria 

Diabetes Victoria sells HQ

August 20, 2022November 25, 2022 Marc Pallisco

Interests associated with Chemist Warehouse are believed to be paying c$13.91 million for Diabetes Victoria’s long-time headquarters, in Melbourne’s biomedical

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Hotels News Office Retail Victoria 

Charter Hall snaps up Collins Place with development plan

August 17, 2022August 17, 2022 Marc Pallisco

Charter Hall has quietly purchased the freehold to the 1.34 hectare Collins Place complex, in Melbourne’s exclusive eastern core, for

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News Office Victoria 

Michael Renzella lists another inner city asset

August 17, 2022August 17, 2022 Marc Pallisco

Hotel investor Michael Renzella is selling another low rise inner city building with development upside. At 9 Prince Patrick Street,

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News Office Victoria 

Swiss group lists biggest Flinders Lane office

August 11, 2022August 12, 2022 Marc Pallisco

ST Real Estate is selling the biggest and most flexible of its three Flinders Lane fronting offices. On the north

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News Office Victoria 

GIC buys into $1.6b Melbourne office project

August 11, 2022August 12, 2022 Marc Pallisco

Charter Hall has sold half a stake in the 555 Collins Street office project to Singapore sovereign wealth fund GIC.

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National News Office 

Omicron wave pushes office occupancy backwards: PCA

August 11, 2022August 11, 2022 Property Council of Australia

A wave of Omicron and flu infections has caused office occupancy rates across most major cities to go backwards in

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National News Office Spotlight 

Australian office vacancy up again: PCA

August 4, 2022August 4, 2022 Marc Pallisco

Australian office vacancy rose again – as several buildings which formed part of a development wave that started before COVID

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News Office Victoria 

Collective secures CBD office

August 2, 2022August 8, 2022 Marc Pallisco

Collective Capital has made another counter cyclical play, this time on a Melbourne office. The 11 level, 5200 square metre

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News Office Victoria 

Aged care group leases ex-Gurner HQ

August 1, 2022August 2, 2022 Marc Pallisco

HammondCare has leased a Malvern office recently vacated by Gurner. The not for profit aged care provider, which focuses on

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News Office Queensland 

Acure makes it three in Queensland

July 30, 2022August 1, 2022 Marc Pallisco

Acure Asset Management has purchased its third Queensland property. Also its first office in the state, the Emerald Lakes Town

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News Office Queensland 

Silverstone buys historic Brisbane building

July 22, 2022July 22, 2022 Marc Pallisco

Silverstone has paid a speculated $18 million for Brisbane’s c1907 former Telecommunications House. The six storey asset on 531 square

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News Office Queensland 

Charter Hall swoops on new Gold Coast offices

July 14, 2022July 15, 2022 Marc Pallisco

Charter Hall has snapped up two new A-grade offices at the Acuity Business Park, in Robina. With the $80 million

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News Office Queensland 

Bloomberg buys into Newstead

July 13, 2022July 14, 2022 Marc Pallisco

Bloomberg Incorporation Limited has picked up a low-rise mixed-use building at Newstead’s Gasworks precinct, in Brisbane’s inner north east. At

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New South Wales News Office 

Oceana secures land-rich Lower North Shore office

July 11, 2022July 12, 2022 Marc Pallisco

Oceana Property Partners will undertake a major upgrade of an eight storey Lane Cove West investment for which it has

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News Office Queensland 

Chevron HQ fetches $46.5m

July 5, 2022July 5, 2022 Marc Pallisco

RF Corval has offloaded a fully-let Hamilton office picked up on a funds through basis in 2015. The four storey

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News Office Victoria 

Forza snaps up historic Nicholas Building

July 4, 2022July 4, 2022 Marc Pallisco

A consortium including the Cohen and Smorgon families has sold the city’s historic Nicholas Building after 49 years. The 11

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New South Wales News Office 

Reservoir on Crown collects premium for LaSalle

June 29, 2022June 29, 2022 Marc Pallisco

In a second major east coast deal this year, Shakespeare Group is understood to be paying $115 million for Surry

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News Office Victoria 

Billy Hyde tunes out of Travancore

June 27, 2022June 28, 2022 Marc Pallisco

Three neighbouring Travancore showroom/warehouses which for decades accommodated the Billy Hyde Music business have been sold by the founder’s family

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News Office Victoria 

Hospitality boss snares ex-AFL House

June 23, 2022June 23, 2022 Marc Pallisco

Hospitality tsar Fab Ippoliti has purchased East Melbourne’s former AFL House. The five level, B-grade office at 120 Jolimont Road,

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News Office Residential Victoria 

Investors splash out on East Melbourne sites

June 22, 2022June 22, 2022 Marc Pallisco

Three low rise East Melbourne properties have traded for a speculated total of over $45 million. In the most recent

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New South Wales News Office 

GPT swoops on North Sydney offices

June 20, 2022June 22, 2022 Marc Pallisco

The GPT Wholesale Office Fund (GWOF) is speculated to be outlaying c$185 million for neighbouring North Sydney offices, with development

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A.C.T. News Office 

Canberra office selling for record price

June 20, 2022June 20, 2022 Marc Pallisco

The Geoscience Australia headquarters is selling for a Canberra record price – again. In the latest deal, Charter Hall is

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News Office Victoria 

Pelligra plans two offices on Parliament station site

June 13, 2022June 14, 2022 Marc Pallisco

Pelligra is buying Spring Street’s prominent ex-Esanda headquarters with plans for two offices and a revamped forecourt abutting Parliament station’s

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News Office Victoria 

SLB snaps up ex-Victoria University campus

June 7, 2022June 8, 2022 Marc Pallisco

SLB Developments has invested again in Melbourne, picking up Victoria University’s recently vacated City King campus – a 12 level

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Land News Office Victoria 

Salta swoops on Cremorne office site

June 6, 2022June 6, 2022 Marc Pallisco

With its Industry Lanes project on Church Street, Richmond, nearing completion, Salta has swooped on another building block in nearby,

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News Office Victoria 

Swisse relocates HQ within Collingwood

June 2, 2022June 4, 2022 Marc Pallisco

Swisse Wellness will relocate headquarters within Collingwood. The vitamin and supplement giant, established 53 years ago and sold in 2015

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News Office Residential Retail South Australia 

Gurner, Kennard to redevelop ex-Adelaide Mail Centre

June 1, 2022June 2, 2022 Marc Pallisco

Sam Kennard is seeking to redevelop the former Adelaide Mail Centre into a $1.25 billion mixed-use village with a hotel,

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News Office Victoria 

Argo calls in premium architect for South Melbourne offices

May 31, 2022June 1, 2022 Marc Pallisco

High end developer Argo has swooped on neighbouring South Melbourne blocks with plans for two mid-rise offices. The 1380 square

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News Office Victoria 

Vantage buys Hawthorn East office off-the-plan

May 31, 2022June 1, 2022 Marc Pallisco

Vantage Property Investments has invested again in Melbourne’s east, picking up a 12 level office, off-the-plan (artist’s impression, right), from

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News Office Western Australia 

Engineering school spends $6.5m in West Perth

May 29, 2022May 29, 2022 Marc Pallisco

The Engineering Institute of Technology has forked out $6.475 million for neighbouring West Perth offices. The three storey building at

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News Office Victoria 

HThree investing again on Collins Street: sources

May 26, 2022May 26, 2022 Marc Pallisco

Eight months after making its maiden Australian investment – a mid-rise office on Melbourne’s Collins Street – HThree City is

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News Office Queensland 

Boeing leases a third of Brisbane office

May 25, 2022May 25, 2022 Marc Pallisco

Boeing has pre-committed to a Brisbane office being renovated by Dexus. The aviation group has signed up for 12,000 square

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New South Wales News Office 

Gurner rents Sydney office from Roxy Jacenko

May 25, 2022May 27, 2022 Marc Pallisco

Following the purchase of sites at Alexandria and Parramatta, Tim Gurner (pictured, top) will open a Sydney base for his

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News Office Residential Retail Victoria 

VCAT approves $500m Northcote Plaza development

May 25, 2022May 25, 2022 Marc Pallisco

The Victorian Civil and Administrative Tribunal has given Time & Place the green light to replace part of the Northcote

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News Office Queensland 

Cromwell sells Brisbane HQ to Melbourne fund manager

May 25, 2022May 25, 2022 Marc Pallisco

Cromwell has sold a modernised Brisbane office for $108.5 million – an 8.1 per cent premium after adjustments to its

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News Office Victoria 

Carsales founders bank $60.25m from office

May 20, 2022May 25, 2022 Marc Pallisco

A syndicate including carsales.com.au founders Greg Roebuck and Wal Pisciotta has sold a Mount Waverley office to the $6.7 billion

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News Office Victoria 

Dustin Martin, Ralph Carr buy, lease in Richmond

May 20, 2022May 20, 2022 Marc Pallisco

AFL footballer Dustin Martin and his manager, Ralph Carr, have added a sixth adjoining Butler Street, Richmond, property to their

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News Office South Australia 

Sentinel spends $20.9m for maiden SA asset

May 16, 2022December 8, 2022 Marc Pallisco

Sentinel Property Group is paying $20.9 million for its maiden South Australian investment – the five level office component of

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News Office Victoria 

Health giant leases ex-Bauer HQ

May 16, 2022May 16, 2022 Marc Pallisco

Monash Health has leased the 2000 square metre Oakleigh office occupied for most of the last three decades as Bauer

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News Office Victoria 

Education groups buy, rent Melbourne offices

May 14, 2022May 14, 2022 Marc Pallisco

Education groups have committed to two Melbourne office spaces. At South Morang, the Insight Institute of Further Studies has leased

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News Office Victoria 

Grollo family sell another suburban Melbourne office

May 5, 2022May 30, 2022 Marc Pallisco

The Grollo family has offloaded another trophy Melbourne investment as part of plans to meet Grocon debt repayment requirements. The

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New South Wales News Office 

AU divest another Parramatta office

May 4, 2022May 5, 2022 Marc Pallisco

Australian Unity has sold a Parramatta office for $87.25 million – a 4.5 per cent premium on its December, 2021,

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Essential services News Office Residential Retail Victoria 

La Trobe chooses partner for $5b university development

May 5, 2022May 5, 2022 Marc Pallisco

La Trobe University has chosen Plenary – a partner it has worked with before – to deliver mixed-use product and

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News Office Victoria 

Harmony lists Treasury Gardens office

May 4, 2022May 4, 2022 Marc Pallisco

Harmony Property Investments has listed an East Melbourne office opposite Treasury Gardens. The Adelaide fund manager can expect more than

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A.C.T. News Office 

Brite, Quintessential divest Canberra offices

May 4, 2022June 4, 2022 Marc Pallisco

In its maiden Canberra purchase, Hunter Investment Corporation is paying c$30 million for Phillip’s Lovett Tower. The deal reflects a

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News Office Victoria 

Grollo family quietly offloads long-time HQ

May 2, 2022May 5, 2022 Marc Pallisco

The Grollo family is continuing to downsize its income-generating real estate portfolio, this time selling its long-time former Preston headquarters

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News Office Victoria 

Blackstone, Brookfield bank $2.1b from Melbourne offices

April 28, 2022July 21, 2022 Marc Pallisco

Charter Hall and Singapore sovereign wealth fund GIC are paying a speculated $2.1 billion – reflecting a bullish c4.5 per

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Industrial News Office Queensland 

Government buys West End site for Olympic broadcast centre

April 29, 2022April 30, 2022 Marc Pallisco

The state government has snapped up a prominent waterfront West End industrial site with plans to convert it to the

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News Office Victoria 

Permit for V-Leader’s reworked city skyscraper

April 27, 2022April 28, 2022 Marc Pallisco

V-Leader has won approval to develop a 40 storey, 30,000 square metre office at the north west corner of Lonsdale

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News Office Victoria 

Roberts Co wins sixth Melbourne ex-Probuild contract

April 27, 2022May 2, 2022 Marc Pallisco

Golden Age Group has appointed Roberts Co to construct the 130 Little Collins Street strata office tower, near Parliament station.

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News Office Victoria 

Underutilised city office trades on 1.6pc yield

April 26, 2022April 30, 2022 Marc Pallisco

A low-rise office with significant development upside near the State Library has sold for c$12.9 million. The deal for 152-156

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News Office Residential Retail Victoria 

Green light for Jam Factory redevelopment

April 20, 2022April 20, 2022 Marc Pallisco

The City of Stonnington has approved a major redevelopment of South Yarra’s Jam Factory. As part of the plan, announced

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New South Wales News Office 

Government sells historic NSW Trustees & Guardian building for major project

April 15, 2022April 15, 2022 Marc Pallisco

The state government has sold Sydney’s NSW Trustees & Guardian building to the Lendlease managed Australian Prime Property Fund Commercial,

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News Office Victoria 

Spencer Street office fetches c$325m

April 8, 2022June 7, 2022 Marc Pallisco

CBRE Investment Management is selling a prominent Melbourne office held for four and a half years. The former Melbourne Water

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News Office Queensland 

BDO, HopgoodGanim fill a third of proposed Brisbane office

April 6, 2022April 12, 2022 Marc Pallisco

Charter Hall and Investa have secured two pre-commitments for an $800 million office earmarked to replace three Brisbane buildings acquired

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National News Office Spotlight 

CBD office occupancy rises in March: PCA

April 7, 2022April 7, 2022 Property Council of Australia

CBD workers are heading back to their offices with occupancy rates in Melbourne, Sydney, and Canberra all more than doubling

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News Office Residential Victoria 

Roberts Co picks up five Melbourne Probuild projects

April 5, 2022April 7, 2022 Marc Pallisco

Roberts Co has acquired five Melbourne projects from failed developer Probuild. Mooted last month, the deal gives the Sydney group

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News Office South Australia 

Cromwell swoops on Adelaide office

April 4, 2022April 4, 2022 Marc Pallisco

Cromwell has picked up another CBD office for its Diversified Property Fund, this time in Adelaide. Chesser House at 91-97

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News Office Queensland Residential Retail 

Keylin locks up Indooroopilly amalgamation

April 3, 2022April 4, 2022 Marc Pallisco

Keylin has paid $18.6 million for an amalgamation of Indooroopilly properties covering a chunk of Station Street, between Foxton St

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News Office Victoria 

Abacus sells half stake in St Kilda Road office

April 1, 2022April 1, 2022 Marc Pallisco

Abacus Property Group has offloaded its half interest in 464 St Kilda Road – the Victorian Automobile Chamber of Commerce

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Hotels Industrial National News Office Residential Retail Spotlight 

Federal Budget 2022-23: how will it affect Australia’s key property sectors?

March 30, 2022April 1, 2022 Colliers

This is an excerpt of a Colliers Research report republished with permission. To download the full document, follow this link.

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News Office Victoria 

Clemenger chooses Bourke Street Mall for headquarters

March 30, 2022March 30, 2022 Marc Pallisco

Clemenger Group will relocate headquarters from its long-time home at 472-474 St Kilda Road to the top four floors of

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News Office Queensland 

Alceon offloads another Lutwyche asset

March 29, 2022March 29, 2022 Marc Pallisco

Alceon has offloaded the second of two Lutwyche offices held since 2018. The double storey building on a 2602 square

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News Office Western Australia 

ADC adds another suburban Perth office to portfolio

March 23, 2022March 23, 2022 Marc Pallisco

Australian Development Capital has picked up another inner Perth office investment – this time in the west. The refurbished three

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News Office Victoria 

Brunei family lists Flagstaff Gardens office with a permit

March 23, 2022March 24, 2022 Marc Pallisco

A Brunei family has listed an art deco office opposite Flagstaff Gardens after obtaining a permit to construct an 10

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Hotels News Office Victoria 

Building which replaced Port Melbourne’s London Hotel for sale

March 18, 2022March 18, 2022 Marc Pallisco

Developer Gary Busuttil is selling a three level commercial asset constructed on the site of the London Hotel, which was

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News Office Victoria 

Goldfields signs South Yarra co-work office deal

March 11, 2022March 11, 2022 Marc Pallisco

Goldfields Group will team with JLL’s Flex Space division to operate a three level co-working space, The Loft, at a

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New South Wales News Office 

Elanor to seed fund with $185m Pyrmont office

March 10, 2022March 10, 2022 Marc Pallisco

Elanor Investors Group (ENN) is spending $185 million on a modern Pyrmont office for a single asset fund. The deal

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New South Wales News Office 

AMP, Dexus secure another Quay Quarter tenant

March 10, 2022March 10, 2022 Marc Pallisco

AMP and Dexus have secured another tenant for the Premium grade Quay Quarter Tower – bringing occupancy to 89 per

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News Office Victoria 

Central Dandenong office fetches $14m with leaseback

March 6, 2022March 6, 2022 Marc Pallisco

IBISWorld Australia chairman and chief executive officer, Justin Ruthven, is paying $14 million for a central Dandenong office with long-term

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News Office Victoria 

Growthpoint pays $125m for Hawthorn East office

March 2, 2022March 2, 2022 Marc Pallisco

Growthpoint Properties has paid $125 million for a recently completed office in Melbourne’s leafy Hawthorn East. The campus style building,

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News Office Queensland 

Marquette, Mercer snap up Brisbane offices

February 23, 2022February 24, 2022 Marc Pallisco

Major fund managers have outlaid over $540 million for two Brisbane CBD offices. In the biggest deal, Marquette Properties, backed

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News Office Queensland 

Interstate school buys Gold Coast office

February 18, 2022February 18, 2022 Marc Pallisco

A Melbourne based education group has outlaid a speculated $15 million for a modern Varsity Lakes office it will part

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News Office Residential Victoria 

Pace buys, sells Melbourne assets

February 16, 2022February 16, 2022 Marc Pallisco

Pace Development Group has reweighted its portfolio – buying and selling properties in Melbourne’s south. In the outer suburbs, the

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News Office Victoria 

Royal Melbourne Hospital leases at Elizabeth North

February 15, 2022February 24, 2022 Marc Pallisco

PDG has secured the Royal Melbourne Hospital to the last piece of a near completed office, part of the $750

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