Commercial sales turnover continues to soar - m3property
The total value of commercial sales in Australia continues to reach massive highs with $8.55 billion in office, industrial and retail transactions over the March 2022 quarter, up from $8.09 million over the same period in 2021.
South Australian retail trade hits the highest annual rate of growth since 2008 says JLL
Adelaide’s Rundle Mall experiences an uptick in positive leasing activity According to JLL Retail Leasing Executive South Australia Chantelle Ardalich. JLL Director of Research South Australia Rick Warner said, “This ongoing positive retailer demand for Rundle Mall facing tenancies has resulted...
Frasers Property Australia Burwood Brickworks receives 6 Star Green Star certification
The world’s most sustainable shopping centre, Frasers Property Australia’s Burwood Brickworks, has formally achieved a 6 Star Green Star Design & As Built rating from the Green Building Council of Australia. Burwood Brickworks experience to deliver world-leading sustainable projects in...
First signs of Melbourne CBD revival with Clemenger Group to relocate to 299 Bourke St
Clemenger Group, Australasia’s largest marketing and communications network, will lease all office space in a reinvigorated David Jones menswear building at 299 Bourke Street. Clemenger Group chairman Robert Morgan said it was exciting for Clemenger Group to return to its birthplace in Melbourne...
Sector introduces The Base, an office community designed for a post Covid World
Driven by the latest buyer demand, leading Melbourne developer, Sector Property Group has adapted to the new era of workspaces and are introducing ‘The Base’, the latest commercial development in Yarraville.
A healthy boost to cash flow for office owners and tenants - BMT
The office sector has proven surprisingly resilient over the course of the COVID-19 pandemic. In early 2020, the sector saw widespread changes to the physical locations in which people were working, with most office staff shifting to working from home arrangements.
The number of Australians working from the office has bounced back to pre-Omicron levels says PCA survey
Melbourne and Canberra recording their highest office occupancy levels since June 2021 says the latest Office Occupancy survey by the Property Council of Australia. Property Council Chief Executive Ken Morrison said the results were a pleasing starting point to kick off the year.
Social Infrastructure property investment proving hot topic
CBRE Australian Health and Social Infrastructure team are hosting regular investor seminars, outlining the sector’s long-term benefits and returns that come with ownership of underlying real estate. Its next event will be held in Melbourne on March 10, with the team’s experts accompanied by...