Tag: Melbourne office market
Centuria’s fund buys Grade-A office property in Melbourne
Centuria’s Diversified Property Fund has acquired 13-15 Compark Circuit, a Grade-A office property for A$27.8 million in Mulgrave Victoria, Melbourne.
This is the fourth direct...
Suburban office property in Melbourne sold for A$110.9M
Singapore-based Ascendas Reit has acquired a suburban office property, to be constructed at 254 Wellington Road, in Melbourne, Australia for A$110.9 million (S$104.4...
Charter Hall acquires Telstra HQ in Melbourne CBD
Charter Hall Group has acquired 100% of the freehold interest in the Global HQ of Telstra at 242 Exhibition Street at the “Paris end”...
Hines buys Collingwood site to develop commercial office building in Melbourne
Hines, the international real estate firm, has acquired a prominent 2,120-square-meter corner site at 36-52 Wellington Street, Collingwood, one of Melbourne’s most rapidly gentrifying...
Australian office vacancy rates drop across the country
According the latest Property Council's Australian Office Market Report, Australian office vacancy rate has dropped to 8.5 per cent (down from 9.2 per cent)...
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...