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 in Darwin’s CBD. Sydney-based Tanner Architects has been appointed to design the new tower, which is being developed by the Commonwealth Hotel and Residences development, and Fannie Bay Investments Philip Grice. The development, which was

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Australian 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.

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Box 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.

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