CB RE
Melbourne super prime retail rents outstrip Sydney
THE Melbourne retail property market is no longer playing second fiddle to Sydney, CBRE research found retailers are paying higher rents for Super Prime and Prime space Melbourne. ... Full story
Canberra office market turns the corner
THE Canberra office market demand has exceeded expectations over the past year up to March 2012, according to CBRE’s MarketView Report. ... Full story
Investor pays $1.075m for Queen St office floor
LOCAL investor Mark Gurry has paid $1.075 million for a 419 sqm office floor at 20 Queen St in the Melbourne CBD. ... Full story
Keilor Park industrial site fetches $390k
A VACANT block of land at Keilor Park in Melbourne's north-west, has sold for $390,390. ... Full story
Fashion in Collins St goes against the trend
THE retail sector is in the doldrums however you would not know it, if you walk down Collins St Melbourne, where fashion retailer Marcs has just secured a flagship store at 256 Collins St, signing a long term 10-year lease. ... Full story
Tullamarine industrial sale takes off
AN office warehouse facility at Tullamarine has been snapped up by a private investor for $7,312,500, on a yield of 10.47%. ... Full story
Private investor snaps up Flinders St shop
A PRIVATE investor has bought a ground floor shop at 565 Flinders St in the Melbourne CBD for $701,000 on 5.85% yield. ... Full story
Elite Bedding gets cosy at Edwardstown
MATTRESS retailer Elite Bedding has leased an office warehouse and showroom at Edwardstown, 6kms south-west of the Adelaide CBD. ... Full story
Govt double tax for foreign investors
AUSTRALIA'S commercial real estate investment market will be less attractive to offshore investors, after the Federal government lifted the withholding tax from 7.5% to 15%, according to property experts. ... Full story
Plenty of deals still to be done in Melbourne
CBRE estimates that $800 million worth of Melbourne CBD office property investments will change hands this year. ... Full story
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