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...
Impact of WFH on office tenant demand expected to ‘wash through’ by 2026
New modelling from Cushman & Wakefield suggests that widespread working from home could result in a net decline of 5% to 15% in Australian office tenant demand over the next three to five years.
Charter Hall Direct Fund secures 12-year lease with Commonwealth at Moonee Ponds, Victoria
Charter Hall Group (Charter Hall or the Group) is pleased to announce that its Direct PFA fund (PFA or the Fund) has secured a new 12-year lease with the Commonwealth of Australia in Moonee Ponds, Melbourne.
CBRE forecasts $68 billion could be channelled into the commercial real estate sector by Australian superannuation funds
2022 shaping up to be another strong year for the property sector despite pandemic bumps. Immigration, capital flows, residential prices, and commercial rent growth to be key market drivers.
Hawthorn development leased to top childcare operator by CBRE
Niño Early Learning Adventures has leased a Hawthorn premium childcare centre off the plan to Niño Early Learning Adventures. 760 Toorak Road Hawthorn leased on a 20-year lease with two 10-year options negotiated by CBRE’s Healthcare and Social Infrastructure team of Sandro Peluso, Jimmy Tat and...
Omicron, inflation, rates, election, weigh on investors in 2022 says Wizel
Commercial investors have shown a remarkable level of resilience and, in the view of Advise Transact, are likely to continue to accentuate the positive according to Advise Transact Asia Pacific managing director, Mark Wizel.