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Bentley

Commercial | Asia

11-Feb-2018

The City of Yarra has rejected Seek’s proposed $200 million new office building in the burgeoning Cremorne commercial precinct.

11-Feb-2018

Mascot, is emerging as the latest office hot spot in Sydney's metropolitan market as the area moves away from being focused on airport-related industries.


 

11-Feb-2018

Canberra’s hotel market continues to gain momentum as the nation’s stand out performer, with the sale of the Aria Hotel for $35 million capping off a strong year of sales activity for the nation’s capital. 

11-Feb-2018

Teska Carson (9421 7000) is marketing a versatile office/warehouse property with potential development upside at Abbotsford on Melbourne CBD’s north-eastern fringe. The property will be auctioned on Wednesday, March 7 at 12pm on site. 

11-Feb-2018

Former bookmaker and Betstar founder Alan Eskander has sold a Southbank office property for $5.85 million – more than double what he paid for the site in 2013. 

07-Feb-2018

According to American Institute of Architects, despite labor shortages and rising material costs that continue to impact the construction sector, construction spending for nonresidential buildings in the U.S. is projected to increase 4% this year and continue at that pace of growth through 2019.

07-Feb-2018

The plans for a $200 million redevelopment of the City Tattersalls Club appear to be back on track following the resolution of financing and planning issues.

07-Feb-2018

The Law Institute of Victoria has finally moved to put its long-held CBD headquarters on the market, some six months after a sales process was first mooted.


 

07-Feb-2018

Property investors are pushing deeper into the city fringe and suburbs as CBD capital values rise to dizzying heights and vacancy rates tighten.


 

07-Feb-2018

Shopping Centres Australasia (SCP) has upgraded its earnings after a series of acquisitions and a boost from a better performance of its main tenant, supermarket giant Woolworths.


 

07-Feb-2018

A popular Chinese restaurant in the tightly-held Chinatown precinct, under the same ownership for almost two decades, has sold for $3.106 million. 

06-Feb-2018

A 120ha megasite home to the Australian Reptile Park and former Old Sydney Town theme park is being offered to the market for the first time in history – representing a significant landbank opportunity on New South Wales’ Central Coast. 

06-Feb-2018

Following in the footsteps of the Sydney city office market, the suburban satellite centres are in hot demand from tenants, with the house fill sign in some windows.

06-Feb-2018

Patrick Ryan has added to the family empire with the purchase of the Banksia hotel, Rockdale, in Sydney's south, for a price of about $26 million.

04-Feb-2018

National office landords are in a sweet spot with record low vacancies and rising demand, which means higher rents for tenants.

04-Feb-2018

Melbourne-based Bayley Stuart Capital has sold a premium building at 606 St Kilda Road on the leafy boulevard to a Chinese investor for $57.5 million.

03-Feb-2018

Teska Carson (9421 7000) is marketing a Melbourne CBD fringe development site with a permit for a mixed use development, located at Collingwood, arguably one of Melbourne’s most sought after inner-city suburbs.

03-Feb-2018

Abacus Property Group has paid $93.5 million on a tight 5.85 per cent yield for an Abbotsford office building fully leased to Computershare in an off-market deal brokered by CBRE National Director, Mark Wizel with Lewis Tong and Kiran Pillai. 

01-Feb-2018

Savills Australia predicts landlords’ office leasing market for Melbourne in 2018, 2019 

31-Jan-2018

As a bold counter cyclical move in 2014, real estate investment and advisory group, Ashe Morgan, made the acquisition of the ING portfolio known as ‘Harbourtown’, in Melbourne’s Docklands precinct.