office property sales

Cancer Council double office deal

THE Melbourne city fringe investment market is in high demand, as evidenced by the Cancer Council of Victoria selling two properties in Carlton. ... Full story

Grocon sells Brisbane office to Dexus

DEXUS Property Group and the Dexus Wholesale Property Fund have jointly bought 480 Queen St Brisbane from Daniel Grollo's Grocon for $543.9 million, representing a cap rate of 7.25%. ... Full story

Cancer Council offloads prime Carlton site

THE Cancer Council of Victoria has sold the highly prized site at 1 Rathdowne St Carlton, which was on the market for less than a month. ... Full story

Former Asian students spruik Melb

THE Melbourne property market is experiencing a different kind of boom thanks to the tertiary education system, with former students and their parents among the most active buyer group, according to Savills. ... Full story

Abacus banks on high yielding offices

ABACUS Property Group has bought two adjoining office buildings in Brisbane's CBD, including the Westpac building, for $34 million excluding costs, on an initial yield of 9.4%. ... Full story

Campari House sold for 6m

A LOCAL businessman has paid $5,999,000 for the Campari House building in the Melbourne CBD. ... Full story

QIC buys a swag of Brisbane office

THE Queensland government has cashed in a portfolio of office buildings in Brisbane's CBD. QIC Real Estate has bought the properties for $614.5 million. ... Full story

Norwood office fetches 1.1m

A CHARACTER bluestone villa turned office property in Adelaide's inner suburb of Norwood has been sold to a private building company for $1.1 million. ... Full story

CPA buys office from sister fund

COMMONWEALTH Property Office Fund has taken up its first right on a 25% interest in 201 Kent St Sydney from the Direct Property Investment Fund, managed by Colonial First State Global Asset Management. ... Full story

GPT makes gold investment at Olympic Park

GPT has bought an office and warehouse complex at Sydney Olympic Park for $19.4 million on a yield of 9.5%. ... Full story

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