Commo.

Contact

$7.6 million for Bowen Hills health property sold in Brisbane by JLL

JLL’s QLD Metro Sales & Investments Director Tim Jones, together with Senior Executive Andrew Havig and Associate Sam Byrne have announced that 1/36 Edmondstone Road in Bowen Hills has been sold to Life Fertility Clinic for $7.6 million following a formal Expressions of Interest campaign earlier this year.

Queensland (Qld)Brisbane

Profiles

Knight Frank makes key appointment to Brisbane fringe office leasing team

Chris Mitchell will start as Associate Director, Office Leasing at Knight Frank in Brisbane next week, focusing on the city’s fringe market.

National

Markets

‘It’s been very beneficial for us’ - Industrial Zone Real Estate steps up through Surga

Sydney’s Industrial Zone Real Estate is using technology from commercial proptech company Surga Central to navigate the latest trends in the sector.

News Roundup

https://www.therealestateconversation.com.au/news/2020/03/19/why-property-stands-sturdy-coronavirus-smashes-stock-markets/1584590231

Why property stands sturdy as Coronavirus smashes stock markets

History has shown when there are corrections in global stock markets, Australian property becomes a port in the storm.

The Real Estate Conversation

https://www.thehotelconversation.com.au/news/2020/03/18/sydney-airport-suites-sale-jll/1584498439

Sydney Airport Suites for sale - JLL

Sydney Airport Suites for sale through JLL Hotels and Hospitality Group Senior Vice President Andrew Langsford, Tom Gibson and Director of Sales and Investments, Dylan McEvoy.

The Hotel Conversation

https://www.retalkasia.com/news/2020/03/18/pandemic-expected-have-somewhat-short-lived-impact-us-commercial-market-cbre

Pandemic expected to have 'somewhat short-lived' impact on US commercial market - CBRE

With the US Federal Reserve cutting short-term interest rates by 100 basis points this week, CBRE examines the impact of the coronavirus pandemic on the US commercial market.

RETalk Asia

https://www.therealestateconversation.com.au/news/2020/03/18/brisbanes-grandest-home-windermere-sold-ascot-record-over-13m/1584478416

Brisbane's grandest home Windermere sold for Ascot record over $13m

Windermere is one of Australia's best homes in Brisbane's best street Sutherland Avenue sold for in excess of $13 million through agents Matt Lancashire and Hamish Bowman Ray White New Farm.

The Real Estate Conversation

https://www.therealestateconversation.com.au/news/2020/03/16/what-state-emergency-means-victorian-real-estate/1584314840

What a State of Emergency means for Victorian real estate

This morning a state of emergency was called by the Victorian Premier, Daniel Andrews but what does this mean for real estate in the state?

The Real Estate Conversation