Total returns in commercial property markets to start rising again from 2024 says Knight Frank Group Chair
Will Beardmore-Gray, Knight Frank Senior Partner and Group Chair, who is currently visiting Knight Frank’s offices around Australia says 2024 will likely mark a turning point for commercial property markets in developed countries around the globe, including Australia, with 2023 expected to be...
Two of Sydney’s most respected commercial businesses, Ray White Commercial Eastern Suburbs (RWC Eastern Suburbs) and Ray White Commercial Double Bay (RWC DB) have merged and will now operate under the RWC Eastern Suburbs banner. RWC (DB) principals Zorick Toltsan, Elliott Placks and Michael...
50% interest in Super Sub-Regional retail Westfield Whitford City WA for sale by Colliers
A 50% stake alongside Scentre Group, one of Australia’s leading managers, in the ‘Super Sub‑Regional’ Westfield Whitford City for sale by Lachlan MacGillivray, Managing Director, Asia Pacific, Retail Capital Markets.
RWC Head of Agency Andrew Freeman said The repositioning of Ray White Commercial as RWC is designed to highlight the commercial specialists with a unique visual identity to position them in the market as experts across all asset classes. Ray White Group Managing Director Dan White said RWC was a...
Trio of properties sold in the launch of CBRE’s National Auction Series
Close to $18 million in property has changed hands as part of a new CBRE National Auction Series. CBRE Capital Markets General Manager Adrian Sacco said, “We need to be expansive in our offering given the current market conditions and rising interest rate environment.”
Sterling Property launches in WA offering a high-service alternative
Managing Partner Vincent Siciliano and Principal Partner Brian Neo will unveil Sterling Property— a specialist WA property advisory business that will focus on building its presence in key markets, including commercial and retail property, land subdivisions, social infrastructure and industrial...
Newcastle neighbourhood shopping centre sold for $27 million by JLL and Stonebridge on behalf of TAMIM Funds Management
TAMIM Funds Management neighbourhood mall Elermore Vale Shopping Centre Newcastle sold to a Sydney private investor for $27 million negotiated by JLL’s Sebastian Fahey, Dylan McEvoy and Nick Willis together with Stonebridge’s Phillip Gartland and Alexander James-Elliott, achieving a 4.80%...
Join the future of Melbourne’s North with this state of the art medical centre for lease by CBRE
An upcoming modern medical centre at 324 Bell Street Coburg hits the public healthcare leasing market. The medical centre for lease by CBRE Australian Healthcare & Social Infrastructures Sandro Peluso and Kai Wang.
Adelaide’s office market moves with new prime stock and backfill vacancies
A wave of capital inflow from the eastern states has hit fast forward on development in Adelaide, with major additions to the city’s Prime grade office stock – buildings rated by the Property Council of Australia (PCA) as either Premium or A-Grade says Stuart Deed.