Activity in Brisbane’s suburban office market set to rebound in 2023 - Knight Frank Report
Knight Frank has released its Brisbane Suburban Office Market Report February 2023. The report authored by Jennelle Wilson found sales fell from a record $479m in 2021 to $266.66m in 2022, as overall investor activity fell due to the rising cost of debt, with sales volumes were expected to...
160 Sussex Street Sydney CBD for sale by Knight Frank and CI Australia
A 15-storey B-Grade freehold office building for sale Sydney CBD with price expectations of circa $130 million. 160 Sussex Sydney for sale by Dominic Ong, Graeme Russell and Linda Zhu of Knight Frank in conjunction with Shirley Fan, Michael Stokes, John Bowie Wilson of CI Australia.
Prominent Golden Triangle asset 240 Queen Street Brisbane for sale - Knight Frank & JLL
A high-profile Brisbane CBD office building 240 Queen Street for sale by Knight Frank agents Justin Bond, Ben Schubert and Neil Brookes, in conjunction with JLL agents Paul Noonan, Seb Turnbull and Kate Low on behalf of Brookfield.
Sydney overtakes Tokyo as the most expensive city for office fit-outs says JLL report
Australian organisations are paying more to fit out their offices this year, according to a report by JLL, says Scott McCrossin JLL Managing Director Project and Development Services. JLL Australia Fit-Out Cost Guide 2022/2023 compares the relative costs of fitting out ‘progressive’, ‘moderate’...
Two United Petroleum fuel and convenience retail outlets in Tasmania sold by Burgess Rawson and Knight Frank
The United Petroleum site at 7 George Town Road Launceston sold for $4.925 million while the United Petroleum at 89 Best Street Devonport sold for $3.975 million. The deals were brokered by Burgess Rawson’s Rick Jacobson, Jamie Perlinger and Matthew Wright in conjunction with Knight Frank’s...
Charter Hall acquires 21 Genge Street Canberra for $290 million with long WALE government tenants
A-Grade office tower in the heart of the Canberra CBD at 21 Genge Street sold to Charter Hall. Leased to long-term tenant, the Commonwealth Government, the asset is occupied by the Australian Tax Office (ATO) and the Department of Veteran Affairs.
Two West Perth buildings for sale for the first time in 20 years by Knight Frank
Two office buildings at 1 Walker Avenue and 7 Rheola Street West Perth for sale with price expectations for the two assets around $20 million. The West Perth office buildings for sale by Tony Delich and Cory Dell’Olio of Knight Frank.
Five things to consider before investing in office property By Tom Wallace, CEO of Re-Leased
Three years of pandemic life have completely transformed the office market. We have seen the demands of tenants changing drastically, with new trends emerging among them. Amid this shifting landscape, those wishing to invest in or manage office property may be wondering where to start.
The Hive moves into Milton House on Fitzroy Street - Teska Carson
One of Asia’s largest co-working organisations, the Hive, has agreed terms on a management agreement to occupy the three upper levels of the historic,1880s constructed, Milton House on one of Melbourne’s most celebrated boulevards, Fitzroy Street in St Kilda.
Charter Hall secures 10-year pre-commitment lease with Allianz at 555 Collins St Melbourne
Charter Hall Prime Office Fund Manager, Matthew Brown, said, “555 Collins Street reflects the value we place in Victoria, as a genuinely exciting place in which to invest, create jobs, strengthen the economy and connect with the local community.