Mammoth year for office middle markets as $4.78 billion sold nationally
There were 137 assets sold across Australia in 2021, as the market bounced back despite continued lockdowns. Colliers Head of Investment Services Australia Matthew Meynell said “We are particularly seeing assets within the $20 million-$40 million range being the most competitive and sought after...
WA on world stage as investors seek secure strong destination for capital says Colliers
Agents behind some of the biggest deals of 2021 see no signs of slowing demand in Perth as a go-to destination for commercial investment among the region’s biggest players. John Marasco, Managing Director of Capital Markets & Investment Services Colliers, said in a time of global economic...
The Hybrid Office Tower for lease among the most sustainable buildings in Australia CBRE and Knight Frank
The Hybrid South Sydney will be built with a unique hybrid timber structure frame and will be among the most sustainable buildings in Australia. Knight Frank agents Nick Sinclair is marketing the office space for lease along with colleague Nick Lau and Tim Courtnall and Fergus Bowen of CBRE.
Charter Hall celebrates topping out AFP Headquarters at 140 Lonsdale Street in Melbourne
A ceremony was hosted on site today by the AFP Commissioner Reece Kershaw, Charter Hall Office CEO Carmel Hourigan and Lendlease General Manager Vic Building Bill Alexandrakis.
Capital injection into Melbourne CBD office upgrades during pandemic pays off
Retaining 98 per cent of tenants during the pandemic Riverlee Managing Director Kevin Lee says that the capital expenditure demonstrates the company’s long-term asset management strategy.
Australian Commercial Property Outlook 2020 by Matt Tiller Head of Research LJ Hooker Group
Matt Tiller Head of Research, LJ Hooker Group told, COMMO, “there are no shortage of both domestic and offshore investors vying for Australian commercial property assets. The good news is that the longer-term GDP outlook for Australia is very positive. Stronger growth is forecast for 2022”.
Third Quarter dealmaking jumps as investors turn to office, retail properties; Year-to-date deal activity sweeps past 2020 total
Deal volume for the first three quarters of 2021 reaches $43 billion, already eclipsing full year 2020 level. Benjamin Martin-Henry, RCA’s Head of Analytics, Pacific, said: “After a slow start to the year, the office sector is now flourishing.”
Knight Frank Australia's Sustainability Division Appointed by Commonwealth Bank
CJ Harshana Wijewardane, Knight Frank Australia’s National Head of Sustainability & Technical Services said,”It’s great to be collaborating with Commonwealth Bank in a partnership that has such a positive purpose and aligns so closely with our values of collaboration, partnership, and making...
London, New York provide post-pandemic roadmap for Australian cities - Savills Report
New data shows commercial vacancy rates of key northern hemisphere cities are inversely impacted by vaccination rates: as vaccination goes up, mobility increases, investment increases and commercial vacancy declines.
CBA supports Charter Hall with Australia’s first Green Development Loan
Commonwealth Bank recently served as sole financier and green coordinator on what is expected to be Australia’s first-ever Climate Bond Initiative-certified Green Development Loan, supporting Charter Hall Group’s 480 Swan Street development in Richmond, Victoria.