The head of a large property fund says employees are more willing to commute and work in an office when it’s located on the CBD’s fringe.
A swathe of leading landlords have been awarded high rankings in the latest global sustainability benchmark assessments.
Demand for industrial and logistic property is reaching a fever pitch,leading to the lowest level of vacancy rates in key markets across the country.
Elevated leasing activity in sub-1000 square metre spaces is a cross-country trend in the first quarter of this year.
A swathe of properties across the healthcare,office,hotel and service station sectors are being offered and snapped up as vendors tap into the demand for bricks and mortar assets by investors in the current low interest rate environment.
Office and industrial landlords have survived the impact of the pandemic and are looking to thrive as people return to the office,albeit in a more flexible split between working from home and office.
The hardware giant will set up its new headquarters in Growthpoint Properties’ development in Melbourne’s inner suburbs after signing a 10-year lease.
The pandemic has accelerated trends already under way and stalled long-term decision making by tenants.
Defensive property assets are proving resilient in the face of the turmoil created by the pandemic.
Growthpoint Australia has secured a new $100 million debt facility to shore up its finances for future growth opportunities.
Developer and landlord Growthpoint Properties has delayed some projects and will offer rent relief for its smaller tenants as it works through the longer-term impact of the coronavirus.