Jones Lang LaSalle
ISPT takes commanding stake in Coles JV
PROPERTY powerhouse ISPT has entered into a joint venture with Coles, buying a 75% stake in an initial portfolio of 19 shopping centres worth $532 million. ... Full story
Office market going in opposite directions
THERE is between $5 and $7 of capital chasing every $1 dollar of core investment product across major CBD office markets. However the leasing side is not as buoyant, recording a negative net absorption of 90,700 sqm in the first quarter, according to Jones Lang LaSalle. ... Full story
Property professionals ride in Chain Reaction
THEY came, they saw and they conquered - all in the name of charity. This March, property industry professionals took on the extreme task of riding the Victorian Chain Reaction Challenge, a grueling 1,000 km cycling event to help raise much needed funds for children’s charities. ... Full story
Retail centre yields returning to average
NATIONAL retail yields for most shopping centres categories are returning to the 10-year average, five years on from the global financial crisis, according to Jones Lang LaSalle. ... Full story
Long time no see, Oxford Sq for sale
THE high profile Oxford Square retail complex in Sydney's CBD has been offered to the market for the first time in 28 years. ... Full story
Phileo spends 30m on St Kilda Rd office
LOW key property player Phileo Australia has quietly snapped up one of the oldest office buildings on St Kilda Rd from BlackRock Property Trust for approximately $29.5 million. ... Full story
Grosvenor offloads stake in Brisbane office tower
THE Duke of Westminster's property company, Grosvenor Group, has sold its 50% share in 400 George St in Brisbane's CBD for $198.5 million. ... Full story
New normal for commercial property
THE Australian commercial property investment community will need to get used to the 'new normal' shaping the real estate landscape following the global financial crisis. ... Full story
ClickSoftware moves around Melb CBD
GLOBAL mobile workforce management solutions provider ClickSoftware is relocating their Australian head office from Queen St to 277 William St in Melbourne's CBD. ... Full story
Tenants flock to Cubo in Richmond
A BRAND new mixed use development in Melbourne's fringe suburb of Richmond, Cubo Commercial, is now 98% leased. ... Full story
Dubai Court sentences Australian developers to 10 years jail
THE Dubai Ruler's Court has sentenced Australians Matthew Joyce and...
Malaysian investor parks money in Melb CBD
A MALAYSIA-based investor has bought a car park property investment...
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