Revised Plans for Darwin’s Former Commonwealth Bank Office Site
REVISED concept plans have been released for a luxury mixed use development, within the wals of the former Commonwealth Bank building
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Telstra Crams Workers in New Clayton Building
Telstra’s decision to relocate around 4000 employees to the outer south-eastern suburb of Clayton, will blow out vacancy levels in several suburban office markets from 2009.
Read moreAustralian Public Trustees to Buy Three Investa Portfolio Properties
Executives at Melbourne-based listed property group Australian Public Trustees will be on every agent’s Christmas card list this year, with speculation the relatively unknown fund manager is formalising a $230 million purchase of at least three east coast office buildings, being sold by the recently delisted Investa Property Group.
Read moreCarrick Institute of Education Leases Southbank Building
THE Carrick Institute of Education has leased some space for now, and some space for later at an office building in Southbank.
Read moreUnilever Sells Knoxfield Manufacturing Facility
Ten months after announcing it would pack up from the big smoke and head bush to Tatura in provincial Victoria, Unilever has sold its outgoing dry goods manufacturing facility in Knoxfield, for a price speculated to be more than $12 million.
Read moreSingaporean Investor Buys Centre Way Building on Collins Street for $34.1 Million
A Singaporean investor has paid $34.1 million on a low passing yield of 5.5% for the Centre Way building on
Read moreHerald & Weekly Times May Follow Fairfax to Docklands
Following in the footsteps of rival newspaper The Age which recently leased a new building at Docklands, speculation is mounting this week that the Herald & Weekly Times, publisher of The Herald Sun, is looking to move across the road from its main rival.
Read moreFKP to Sell TAC’s Geelong Headquarters
A year after winning the rights to develop the Transport Accident Commission’s new Geelong headquarters, developer and fund manager FKP is motoring out of Geelong and selling the building.
Read moreGPT May Lose Major Tenant at Collins Street Building
There’s more bad news ahead for General Property Trust, with another tenant wanting out of the former Australian Stock Exchange building at 530 Collins Street.
Read moreMAB Corporation Executives Smudge Footprint in Bundoora Development
Minister for Planning Justin Madden, and executives at developer MAB Corporation smudged themselves a permanent footprint in Bundoora this week.
Read morePrivate Investor Spending Splurge
Private investors spent more than $12 million in Melbourne’s inner eastern suburbs this week, buying retail showrooms, office buildings and development sites.
Read moreBox Hill Leasing Activity
The once troubled Box Hill office market is enjoying record low vacancy, after a string of lease deals totaling almost 3000 square metres.
The biggest deals were to software management group ManageSoft, which will lease 728 square metres at 18 – 20 Prospect Street, and healthcare merchandiser Melaleuca, which will lease 506 square metres at 826 Whitehorse Road.
Read moreSalesForce Leases Former Qantas CBD Building
Budding Melbourne-based call centre operator SalesForce is understood to have leased the former Qantas office building at 50 Franklin Street, in an off-market deal negotiated between the building owner and tenant.
Read moreCarlton United Beverages to Sell Property Around Abbotsford Brewery
Hot on the heels of its $208 million sale of Sydney’s Carlton & United Beverages brewery site to Singapore-based Fraser Properties in June, the Foster’s Group is about to put a portfolio of Melbourne inner city buildings on the market.
Read morePort Melbourne Development Boom
Port Melbourne is undergoing an industrial showroom development boom, with a further $57 million of new projects announced this week, almost doubling the value of showrooms under construction in the high-tech industrial precinct.
Read moreHWT Bypasses CBD, Options Now in Docklands or to Stay Put
News that the Herald & Weekly Times may be the next major corporate tenant to relocate to Docklands is intensifying.
Read moreSouth Docklands Takes Off
Melbourne’s once forgotten southern Docklands precinct is set for a development boom, with Macquarie Real Estate Equity Fund, the McMullin Group and Austexx announcing new office projects this week.
Read moreHealthscope to Lease 4800 square metres at 312 St Kilda Road
Australian Stock Exchange listed healthcare operator Healthscope has given the St Kilda Road office market a clean bill of health, confirming it will lease about 4800 square metres of A-grade office space at the Gateway building at 312 St Kilda Road.
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