office property sales

CPOF buyout Wyllie stake in Perth office tower

CHARTER Hall's $1.5 billion Core Plus Office Fund has bought out the Wyllie Group's 50% interest of a Perth CBD office building at 225 St Georges Terrace for $96 million. ... 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

Affordable suite investment

A NEW self contained and fully fitted out office suite in the Monash Corporate Centre at Clayton in Melbourne's south-east, has sold before auction by Crabtrees Real Estate. ... Full story

Greenwood Business Park to fetch $65m

THE Greenwood Business Park in Melbourne's south-eastern suburbs has been placed on the market, in one of the largest suburban office property offerings this year. ... 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

Repco office sale drives strong price

AN office building leased to automotive retailer Repco at Mulgrave in Melbourne's south east has been sold to a private investor for $8.8 million. ... Full story

UniSuper buyout Stockland's stake in Macquarie Place

STOCKLAND has sold its remaining 50% interest in a boutique office building at 7 Macquarie Place Sydney to its joint venture partner UniSuper for $55 million. ... Full story

Going green literally pays off for Harvest

BRISBANE'S first commercial property to undertake an energy efficient retrofit financed by Low Carbon Australia has sold for a significantly higher price, in only two years. ... Full story

Centuria makes a mint from St Kilda Rd sale

THE Centuria Direct Property Fund has sold an office building at 607 St Kilda Rd for $28.54 million, 10% above the current book value. ... Full story

Commercial investments taper off

COMMERCIAL real estate investment in Australia totalled $2.59 billion in the March quarter, down 40%, according to DTZ’s Quarter One Investment Market Update for 2012. ... Full story

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