office property yields
Dexus pays a King's ransom for Perth office
DEXUS Property Group and the Dexus Wholesale Property Fund have teamed up to buy Kings Square in Perth's CBD from Leighton Properties for $434.8 million. ... Full story
Altis secures office on 11pc yield
ALTIS Property Partners has bought an office building at Norwest Business Park in Sydney for $32.5 million on a passing yield of 11%, in a deal negotiated by Greg Cohen of Savills on behalf of private investors. ... Full story
Sydney CBD prime office yields set to firm
YIELDS in Sydney CBD prime office are set to firm by approximately 100 basis points over the next three years, according to BIS Shrapnel. ... Full story
Kew office sold on 8.4pc yield
AN office investment at Kew in Melbourne's inner east has sold for $10.25 million, representing a yield of 8.4% on a fully let basis. ... Full story
Private investor splurges 15.5m on CBD building
A PRIVATE investor has snapped up the prominent retail and office building at 43-53 Elizabeth in Melbourne's CBD for $15.5 million, in a deal negotiated by Savills and Knight Frank. ... Full story
QLD commercial sales wrap up
COMMERCIAL property transaction activity in Queensland has been slow in February, totalling $438 million, due to the lack of product on the market. ... Full story
Melb CBD office yields firming
INVESTORS in the Melbourne CBD office market will be banking on longer term growth, as A grade rents have fallen by 13% and yields have also declined, according to Savills. ... Full story
GPT fund buys into 8 Exhibition St
THE GPT Wholesale Office Fund has bought a 50% stake in the Ernst & Young office building at 8 Exhibition St in Melbourne's CBD for $160.05 million on a cap rate of 6.5%. ... 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
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
Investors coming out of hibernation
INVESTORS are returning to the residential property market in response...
Housing affordability
OPINION: Well thanks Demographia for rubbing our noses in it...
2013 and beyond – a list of lists
OPINION: 2013 is likely to be another good year for...
Confidence returns to Australian housing markets
OPINION: A NEW optimism is starting to pervade the media,...
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