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.
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.
Colliers announce changes to Australian leadership team
These exciting new additions to the Colliers Australian leadership team are set continue to drive our Enterprise ’25 Growth Strategy in 2023,,” Colliers CEO Australia Malcom Tyson
JLL North Sydney grows Office Leasing team to keep up with demand
Anthony Merrett joins JLL in the role of Director together with Dominic Au-Yeung in the role of Senior Executive. JLL’s Head of Northern Sydney, Paul Lynch said, “With a collective 20 years of experience between them, Anthony and Dominic will be working alongside the team to further strengthen...
Marketplace Deagon sold for $20 million by Ray White Commercial
Brisbane’s Marketplace Deagon sold for $20 million to Sydney-based Ganellen Asset Management. 55-75 Braun Street Deagon sold by Ray White Commercial QLD’s Michael Feltoe and Lachlan O’Keeffe.
Civic Centre Car Park Geelong sold by Colliers exceeds price expectations, selling under the hammer for $22.6 million
On behalf of The City of Greater Geelong, The Civic Centre Car Park sold by Colliers’ selling agents Ben Young, Andrew Lewis and Chris Nanni on behalf of The City of Greater Geelong. 21 Gheringhap Street Geelong sold at auction for $22.6 million.
201 Elizabeth St, Sydney, receives development approval for owners Charter Hall and Abacus Group
The A-grade, 38-storey modernist office tower scheduled to open in 2024. 201 Elizabeth Street Sydney’s CBD was purchased by Charter Hall (68%) and Abacus (32%) in 2019 for $630 million.
REITs seek B Grade offices to achieve ESG goals says Colliers
REITs are hiring people dedicated to locating secondary office assets, which are ripe for refurbishment and repositioning, addressing occupier demand for higher quality spaces with a lower carbon footprint, according to Simon Hunt, Managing Director Office Leasing, Colliers Australia.
JLL advises Elanor on healthcare fund recapitalisation A$289 million
The A$289 million recapitalisation of the Elanor Healthcare Real Estate Fund will provide a full liquidity event for investors in the fund and allow Elanor to expand its portfolio of healthcare real estate assets across Australia, says Luke Prokuda, Head of Equity Advisory, Australia, JLL.