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Amazon to open fulfillment centre in Perth, Australia

Amazon will open a fulfillment centre in Perth to enhance customer experience on the West Coast of Australia. The facility – planned to begin...

CBRE acquires project management company in Australia

CBRE Group, Inc. has acquired Montlaur Project Services Pty Ltd, a project management company in Australia. Montlaur is active across a wide range of...

Grade A office tower in Adelaide sold to Singaporean REIT

Soilbuild Business Space REIT (“Soilbuild REIT”), a Singapore and Australia-focused real estate investment trust, has acquired 25 Grenfell Street, an iconic multi-tenanted freehold Grade...

Australian office market vacancy rate decrease in H1 2019

According to the latest Property Council Office Market Report, the Australian office market vacancy rate decreased to 8.3 percent over the first half of 2019, down...

Deloitte Australia new anchor tenant in AMP Capital’s Quay Quarter Tower

According to AMP Capital's announcement, Deloitte Australia will be the new anchor tenant with 10-year lease for 32,000 square metres in Quay Quarter Tower...

Australian REIT Dexus: Foreign investment demand to remain strong

Australian Real Estate Investment Trust, Dexus, has released its latest research Australian Real Estate Quarterly Review Q1 2019. According to the report, Australian...

Australian retailer Coles Group signs agreement with Viva Energy

Australian retailer Coles Group has entered into an agreement to restructure the terms of the Fuel and Convenience Alliance (New Alliance) with Viva...

Colliers predicts record sales in Melbourne office market

According to Colliers International forecast, Melbourne metropolitan office market will hit another record in 2019. About AUD1.08billion worth of officer sales were recorded in...

Foreign buyers invest $446.3 million in Perth office market in 2018

According to the Colliers International’s Research and Urban Economics figures, in 2018 foreign buyers purchased office buildings worth $446.3 million in Perth,Australia while domestic...

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