sydney office market

Sydney lacking large office space

Sydney lacking large office space

THE number of available prime full floors in Sydney's CBD has jumped to 270 floors - the highest since June 2010, however there is only a handful of contiguous space over 10,000 sqm, according to Savills Australia. ... Full story

90 Collins St Melbourne

Mirvac goes on a spending spree

MIRVAC (ASX: MGR) has gone on an acquisition spree, buying seven offices from GE Real Estate for $584 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

Centuria buys Castlereagh office

Centuria buys Castlereagh office

CENTURIA Property Funds has bought an office building at 175 Castlereagh St in Sydney's CBD from Stockland for $56 million. ... 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

Sydney CBD office as volatile as Perth

Sydney CBD office as volatile as Perth

THOSE who live in glasses houses shouldn't throw stones. According to former Macquarie Group and current Killila Property Group director James Weaver, Sydney-based pundits who have been predicting the demise of the Perth CBD office market are wrong. ... Full story

385 Bourke St Melbourne

CPA focuses lease renewals

THE Commonwealth Property Office Fund is trying to renew over 151,000 sqm of upcoming lease expiries in a challenging environment over the next 12 months. ... Full story

Office market going in opposite directions

Office market going in opposite directions

THERE is between $5 and $7 of capital chasing every $1 dollar of core investment product across major CBD office markets. However the leasing side is not as buoyant, recording a negative net absorption of 90,700 sqm in the first quarter, according to Jones Lang LaSalle. ... Full story

Insurer leases space at 8 Chifley

Insurer leases space at 8 Chifley

QBE Insurance Group has signed an agreement to lease space at 8 Chifley Square office building in Sydney's CBD, jointly owned by Mirvac and Keppel REIT. ... Full story

Allianz Global Assistance travels to Pitt St

Allianz Global Assistance travels to Pitt St

TRAVEL insurance specialist Allianz Global Assistance has leased space at 276 Pitt St in Sydney's CBD. ... Full story

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