CBRE secures management of Peakstone’s 100,000sqm portfolio as it continues to expand its presence in Australia and New Zealand
Funds manager Peakstone has appointed CBRE to manage a portfolio of six major Australian assets, soon to include Sydney’s landmark 45 Clarence Street office tower.
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.
Sydney City Fringe vacant “Old Fitzroy Hotel” for sale and Licence JLL
Peter Seeto and John Romyn of JLL Metropolitan Sales & Investments offer via Expressions of Interest the Freehold of the Proudly Positioned “Old Fitzroy Hotel” For Sale with three street frontages and northerly aspect, moments from Kings Cross Station and the Sydney CBD.
Silverwater and Perth offices win at LJ Hooker Commercial awards
LJ Hooker Commercial's Silverwater and Perth branches have added to their success at a state level with wins at the Group's national awards held this week.
Record Wollongong office supply highlights domestic and offshore demand - Knight Frank
Wollongong is attracting increasing interest from offshore and domestic investors as it continues its transition from its historic heavy industrial roots to become the "economic and cultural heart of the Illawarra", according to a new report from Knight Frank.
Glenmore Park Town Centre sold for $150 million - Stonebridge
Greater Western Sydney's Glenmore Park Town Centre has been sold to property group HomeCo for $150 million in a deal negotiated by Stonebridge Property Group Partners Phil Gartland, Carl Molony and Jonathan Fox.
NSW announces extension of support for commercial businesses
The NSW Government has announced the Retail and Other Commercial Leases (COVID-19) Regulation that was set to expire on 25 October 2020 will now be extended to 31 December 2020.
CBRE's Sydney Sublease Barometer for July and August has shown sublease space within the city has hit a record high of 157,853sqm, representing a 90 per cent surge in five months.
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.
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.