Economic crisis casts a shadow over Australia’s CBD office markets - JLL
JLL national office statistics for the third quarter show negative net absorption of -193,700 square metres and a vacancy rate increase of 2 percentage points from 10.2 per cent to 12.2 per cent.
Retail store closures lower in neighbourhood centres during COVID-19 - JLL
The latest retail survey of JLL’s managed shopping centre portfolio shows neighbourhood centres performed well during the initial COVID-19 pandemic period, supported by strong supermarket sales.
Colliers appointed to manage Centuria's Canberra assets
Colliers International’s Real Estate Management team now oversees the largest commercial property portfolio in the ACT, following its appointment by Centuria to manage its Canberra assets.
Government tenanted building in Canberra sold for $39.3 million
The headquarters of the Australian Institute of Health and Welfare in Canberra has been sold for $39.3 million through Colliers International Director of Capital Markets and Investment Services, Matthew Winter.
Governments need to 'step forward' and offer land tax relief: Property Council
Australia’s commercial property sector will play a vital role in supporting small and large businesses to manage through the economic impacts of the coronavirus, according to the Property Council of Australia.
The Erindale Shopping Centre in Canberra has been sold off-market for $39 million in a deal negotiated by Steven Lerche and Nic Purdue Savills Australia on behalf of Charter Hall.
Nishi building in Canberra sold to Centuria for $256 million
The award-winning Nishi building at 2 Phillip Law Street, Canberra has been sold to Centuria Metropolitan REIT for $256 million in a deal negotiated by Tim Mutton JLL.
Amaroo Village Shopping Centre, located in one of Australia’s fastest growing metropolitan areas, sold to private interstate investor by Savills and Stonebridge.
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.
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.
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.