The WA government’s own land information authority let slip in a recent annual report that it considered the value of the landmark building to be $39.7 million.
Small to medium office tenants are snapping up the city’s more compact office spaces as Sydney workers return from a working from home environment.
Westpac and Commonwealth banks have issued major leasing mandates for new office digs in Melbourne at a time when tenants are in a good position to bargain.
Demand from tenants to work closer to home has led to a dramatic rise in rents in Sydney’s fringe zones with an array of companies from tech specialists to food and media comprising the bulk of the leasing deals.
Capital Gains - Assembly bags EVO as build-to-rent momentum gains
The developer and funds manager is investing heavily amid expectations workers will leave home if towers offer high-quality amenities.
Charter Hall will set the Sydney skyline alight with its new tower at Chifley Square in the northern end of the city,featuring high-end energy-efficient accommodation as more workers head back to the office.
The sale is indicative of increased investment in a city enjoying a cultural transformation.
Diversified fund manager Charter Hall has extended its presence in Melbourne’s “Paris end” after buying the freehold of the Collins Place precinct for an estimated $60 million.
Food,glorious food is boosting supermarket sales despite rising inflation and interest rates.
The upcoming profit reporting season for listed real estate income trusts (REITs) is shaping up as a test of how the sector will cope if the economy slows as expected.