sydney office market
Barangaroo will reignite Sydney office market
LEASING in Sydney will be driven by tenants who are after large tracts of space, according to Jones Lang LaSalle. ... Full story
Perth CBD offices will soon command $1k per sqm
PERTH CBD A-Grade office rents have skyrocketed by 19% to $694 per sqm over the 12 months to March 2012 and it is only a matter of time before it breaks the $1,000 per sqm barrier, according to Colliers International. ... 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
Office vacancy steady but Perth tightens further
THE vacancy rate across CBD office markets has remained steady at 7.2% in the Q1. However in the Perth CBD, there is an acute shortage of space as vacancy levels fall to just 2%, according to Jones Lang LaSalle. ... Full story
Martin no longer the place to be
MACQUARIE Bank has joined the rank of financial institutions moving away from the heart of Martin Place in the Sydney CBD. ... Full story
Office rents poised to increase by 3.8% pa
PRIME net face rents are forecast to increase by 3.8% across Australia per annum during the 2012-2016 period, led by the Perth CBD market, according to CBRE. ... Full story
Oil Search secures new dig at 1 Blight St
OIL and gas exploration company Oil Search has signed a 12-year lease at Dexus Property and Cbus' 1 Bligh St in the Sydney CBD. ... Full story
Sydney office to benefit from lack of new supply
OFFICE rents in Sydney are expected to improve significantly in the 2013, due to a lack of new supply, according to the latest CBRE MarketView report. ... Full story
Investa Office calls back to 242 Exhibition St
INVESTA Office Fund has done a 360 by proposing to buy Telstra HQ at 242 Exhibition St in the Melbourne CBD after it did not exercise a $210 million call option in October last year. ... Full story
Ring ring, why not give Investa a call
INVESTA Property Group has decided to sell a major office building in the Sydney CBD, leased to telecommunications giant Telstra. ... Full story
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