office property sales
Bright Ruby buys 231 Elizabeth
SINGAPORE-based Bright Ruby Resources has confirmed its purchase of 231 Elizabeth St in Sydney's CBD for $201 million. ... Full story
IOF go halves in 567 Collins St
THE listed Investa Office Fund (ASX: IOF) has confirmed it has partnered with the unlisted Investa Commercial Property Fund to buy 567 Collins St in Melbourne for approximately $462 million. ... Full story
Investa jumps the gun for 567 Collins St
THE $1.8 billion unlisted Investa Commercial Property Fund and an unnamed partner have hastily snapped up 567 Collins St from Leighton Properties, in a deal that is tipped to be largest in Melbourne's CBD for 2013. ... Full story
Hines keen on Australia
HOUSTON-based real estate firm Hines Global REIT has snapped up its third investment in Australia, bringing its total spend to almost $250 million in 10 months. ... Full story
Swanston strata sold on 8.22pc return
A COMMERCIAL suite in the National Trust listed Century Building at 125 Swanston St in Melbourne's CBD has sold for $655,000 on a return of 8.22%. ... Full story
Syndicates support St Kilda Rd comeback
LARGELY written off as an office precinct destined for residential apartments conversion, the St Kilda Rd office market has made a spectacular comeback, chalking up $270 million worth of deals in 2012, the highest level in 10 years, according to Savills. ... Full story
AREITs resurface but offshore still dominates
AUSTRALIAN real estate investment trusts have re-emerged as a buyer group, snapping up in excess of $1 billion worth of assets for the first time since 2007. However offshore investors still dominate the market, according to Jones Lang LaSalle. ... Full story
Bundaberg Sugar sweet on fringe office
BUNDABERG Sugar has paid $4 million for a freestanding office building at Spring Hill in Brisbane’s CBD fringe in a deal negotiated by Colliers International. ... Full story
Grosvenor cashes in Brisbane investment
THE Duke of Westminster's property company, Grosvenor Group, has sold its 50% share in 400 George St in Brisbane's CBD for $200 million. ... Full story
Investors devour distressed property assets
THE number of distressed properties coming on the market increased in 2012, however prices remained firm because of strong demand from buyers, according to Colliers International's annual report. ... Full story
Monopoly not a good analogy to real estate
OPINION: MONOPOLY is a board game that allows you to...
Positive news for Australian housing markets
OPINION: THINGS in the financial world and the Australian housing...
What should I buy?
OPINION: ONE of the more common investment questions that I...
API REIV State of the Market Justine Jacono
Video interview from the 2013 Australian Property Institute REIV State...
This publication is a member of the Australian Press Council.