Pallas Capital underwrites $1 billion in transactions; records $653 million transactions in the last year
“CRE lending, funded by private investors, established itself in the US and Europe many decades ago. It seems clear that it will become a very large asset class here in Australia over the next few years,” says Patrick Keenan, Chairman, Pallas Group.
Strong pricing for industrial assets, and balance sheet management, drives upsurge in corporate asset sales - Knight Frank
Over the past year, deals involving a corporate seller have increased signifcantly in the share of total commercial investment volume in Australia. The increase has predominately been driven by ‘sale and leaseback’ deals as corporates look to rebalance and repair their balance sheets in the wake...
WA continues to be the driving force behind positive national economic story – Ray White Commercial (WA)
New research shows an increase in interest in WA commercial property from interstate buyers, local investors and off-shore groups looking to capitalise on the state’s positive momentum.
Regional markets witness a shift in momentum - Savills
Demand for commercial assets positioned in key regional hubs like Newcastle, Gosford and Wollongong has risen dramatically says Ollie Ridley Associate Capital Transactions at Savills Australia due to a significant shift in working practices and a focus on flexible and remote working.
North Sydney offices see strengthening tenant demand in A Grade space
Tenant demand for A-grade office space in North Sydney is on the rise, with one building seeing four occupiers commit in the month of June alone. The deals, which were negotiated by Euan Matheson of Knight Frank and Dan Walker of Colliers International, were concluded within the range of between...
Sydney’s commercial office activity continues to be dominated by offshore capital says JLL
Offshore groups continue to circle Sydney’s commercial office market, making up $938.3 million or 45% of the total $2.08 billion investment activity in the first half of 2021.
Enquires rise for speculative fit outs in the Western Sydney office leasing market says JLL
JLL Director of Office Leasing Western Sydney Ben Lalic said, “Prior to COVID-19, spec suites did not exist in the Western Sydney office leasing market. Now it has almost become paramount for landlords to offer fit-outs that can cater and be ready for a plethora of different companies across...
Dexus: Healthcare real estate - establishment of relationship with Australian Unity
Dexus announces that it has established a new healthcare platform relationship with Australian Unity, including entering into arrangements in relation to the Australian Unity platform, opportunities to invest in certain aspects of Australian Unity’s healthcare development pipeline and making a $...
CBD retail beginning to stir Melbourne CBD Fitzroys
The Melbourne CBD retail market is beginning to see some action, with Fitzroys finalising three leases in different parts of the city this week. Leasing agent James Lockwood, who heads up Fitzroys’ retail leasing team said, “Rental rates have held up extremely well in the east section of Collins...
Tenants and investors cautious with the office market in a state of flux
Urban Property Australia Founder and Managing Director, Sam Tamblyn said the level of sub-lease vacancy is likely to remain elevated as businesses reconsider their office space needs with subdued business outlook and decisions to reduce staff numbers with the conclusion of the JobKeeper program...
