29 March 2019 | News
Melbourne Beats Sydney As the Australian Investors’ Most Preferred Commercial Property Market
Australia’s commercial property sector is set for a shake-up, with Melbourne overtaking Sydney as the top market for Australian commercial property investors, according to a new CBRE survey.
28 March 2019 | News
Sydney Office Market Gains Momentum As $600 Million of Major Projects Edge Closer to Completion
Office development activity in Sydney is gearing up with $600 million of prominent projects in the city reaching major milestones.
28 March 2019 | News
Coworking Spaces at the Forefront of Australian Interior Design Awards 2019 Shortlist
From pristine white yoga studios, coworking spaces in warehouses and a tired university bookshop transformation - projects nominated for the Australian Interior Design Awards 2019 are set to face tough competition.
26 March 2019 | Startups & Small Business, News
Airwallex Becomes Australia’s Newest Unicorn After Starting Just Three Years Ago
Melbourne-founded fintech startup Airwallex has hit a valuation of more than US$1 billion, claiming unicorn status after closing a capital raise of US$100 million ($140 million).
25 March 2019 | News
GPT Fund Takes Full Control of Southbank Office Tower in $326M Deal
GPT Wholesale Office Fund has become the sole owner of an A-grade office tower in Melbourne’s Southbank after buying out the remaining half share for $326.2 million from co-owner Frasers Property Australia.
25 March 2019 | News
University of Queensland Snaps Up Inner Brisbane Office Building for More Than $19M
The University of Queensland has purchased an office building in Toowong in inner Brisbane for about $19.3 million.
21 March 2019 | News
Pellicano’s $32 Million Hotel and Residential Development in Robina Is Underway
Construction has started on property group Pellicano’s $32 million hotel and residential development in Robina on the Gold Coast.
19 March 2019 | News
Kaufland Set to Build First Australian Distribution Centre in $450 Million Development
German supermarket chain Kaufland is gearing up its activity in Australia, pumping in more than $450 million to its first distribution centre in the country at Mickleham in Melbourne’s north.
18 March 2019 | News
Luxury $130 Million Hotel Chadstone in Melbourne Set to Open in November
Melbourne’s $130 million development Hotel Chadstone has confirmed it will open its doors in November 2019, with the property beginning to accept reservations this week.
15 March 2019 | News
Aon Ari Property to Offload Two Industrial Properties in Sydney’s West for $45 Million
A pair of industrial sites in western Sydney could sell in one line for about $45 million, a sign of the area’s price growth.
14 March 2019 | News
Hub Australia to Set Up Shop in Sydney’s Customs House, Exits First Sydney Site in Darlinghurst
The country’s largest locally owned coworking group Hub Australia is packing its bags to move from its original Sydney site in Darlinghurst into Customs House, Australia’s oldest surviving customs building.
13 March 2019 | News
Neeta City Shopping Centre Sold to Elanor Investors Group for More Than $85 Million
Elanor Investors Group has acquired Neeta City shopping centre in Fairfield in Sydney’s west for $85.3 million.
7 March 2019 | News
Pellicano and Zagame Propose to Develop $100 Million Water Park in Melbourne’s Dingley Village
A $100 million recreational facility said to feature the largest indoor water park in the southern hemisphere is being planned for Melbourne’s south-east.
5 March 2019 | News
Mirvac Gets Green Light for 132-Year-Old Locomotive Workshops Restoration in Sydney
Mirvac Group has scored development approval to restore the heritage-listed Locomotive Workshops into a commercial and lifestyle precinct in inner Sydney.
1 March 2019 | News
LOGOS Snaps Up Western Sydney Site From Toll Group With Plans for $200M Development
Industrial property developer LOGOS has acquired a development site in Sydney’s west from logistics company Toll Group, with a $200 million development on the cards.